What Fajardo makes isn't the whole story..
From the article -
According to their financial reports, the Saskatchewan Roughriders produce approximately $40 million in annual gross revenue. The Winnipeg Blue Bombers generate $35 million, while the Edmonton Football Team checks in at $25 million.
It’s believed that the CFL’s gross revenue in a non-pandemic year is between $200 million and $240 million. As such, we can project that the league’s six privately-owned teams average between $17 million and $23 million in annual revenue.
END -
So say someone tells Jerry - hey you could pay your QB $700,000 and year, and the salary cap is a mere $5 million - WOW I'm sure Jerry would jump on that...BUT the second part is that your annual gross revenue is just 40 million.
As opposed to what you have now - 40 million on your QB, 200 million in salary BUT $980,000 million in revenue...
Which do you think he would take.
https://3downnation.com/2021/03/21/the-cfls-business-model-isnt-broken-its-leadership-has-failed/