The recent Grey Cup in Winnipeg proved to be a big money maker for the Blue Bombers.
The club announced today that the game and festival events leading up to the game generated $7.1-million in net profits.
The profits from the 103rd Grey Cup is a big increase over the last Grey Cup hosted in the city. The club made $3.2-million hosting the 94th Grey Cup in 2006.
According to the Bombers, the economic impact on the city was substantial. The game and the week-long celebration leading up to it raked in $80-million.
As for what they will do with the profits, the team says they’ve already paid $1.5-million to Triple B Stadium Inc. for the improvements made to the stadium ahead of the game. The rest of the money will be used as part of the club’s “long-range plan to provide financial stability going forward.”