onfieldrush8141
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I just wanted to know what you guys think of the buffalo bills playing games in Toronto over the next 5 years. Is this a good move for the nfl?
shooterware94;1947454 said:Well we all know Buffalo fans are extremely passionate about there team, but this is life buffalo is losing money. I hate to see them from a buffalo perspective but its all about money in the nfl and toronto is the 4th largest market in the nfl, why there isnt a team there to begin with still shocks me. So much money to be made in that city. Good move for the nfl bad for the fans of buffalo but the good thing is that its extremely close.. i think.
onfieldrush8141;1947451 said:I just wanted to know what you guys think of the buffalo bills playing games in Toronto over the next 5 years. Is this a good move for the nfl?
tunahelper;1947465 said:I am tired of any outsourcing of jobs and revenue from our country.
I say HELL no!
vlad;1947656 said:With the US Dollar in a downturn with no foreseeable end it makes more and more sense financially for the owners. If traditionally American sports teams were willing to go before (mlb, nba), even with the 5% or whatever higher tax rate, they'll definitely go now.
Below is long winded and probably more economics that you cared to hear about, so read if you like, but yes I think it would be good to the NFL as a company.
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The current FX rate is something like 1 USD = 0.997 CAD. So 1 USD is less than 1 CAD. The NFL likes money, so there you go.
Look at this chart and you can see the US Dollar has lost about 50% of its value compared to the Canadian dollar over the past 5 years for obvious reasons.
5 year chart, sad but true
This latest tax "rebate" will make the problem worse over time (immediately you may see a short term uptick), because it’s not really a rebate of anything we as Americans already paid the government, they’re just printing more money. All that does is in favor of trying to sell products across the border.
I don't think you can look at it as traditional outsourcing, where you are getting a better ROI buy using the strength of the dollar to get cheap labor. Now that the dollar is weak, jobs won't be outsourced for labor savings, they will be displaced merely as a support function to areas where more robust revenue generation can take place.
If India/Russia wasn't offering labor so cheaply with comparable or higher quality than here in terms of skill set, education, etc...you'd see us become the country where jobs were outsourced to by places like the EU.
Any person at the level of wealth of a NFL owner is going to be savvy enough to go where the currency is worth more.
Sorry Royal Laegotti, I know how tough it can be, here's to hoping it’s a worry that goes away, please protect yourself in the meantime.
On a positive note.... Cowboys 2008/9 Superbowl champs!
Yeagermeister;1947671 said:Please take the job and economic talk to the political zone.
it will be great for a lot of bills fans. when i went to the bills-cowboys game this past season almost everybody i talked to came down from canada.onfieldrush8141;1947451 said:I just wanted to know what you guys think of the buffalo bills playing games in Toronto over the next 5 years. Is this a good move for the nfl?