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Blue Bombers Post $3.9M Profit for 2014 Season

April 8, 2015 10:04 AM | Sports

Mike O'Shea - Winnipeg Blue Bombers

Winnipeg Blue Bombers head coach Mike O’Shea (CHRISD.CA FILE)

The Winnipeg Football Club is reporting 10.7 percent revenue growth to post a $3.9 million profit in 2014.

The Blue Bombers increased their revenue by $1 million from 2013, while also outlining double digit growth in corporate partnerships, suites, and concessions.

“It is a testament to our season ticket members, corporate partners and our fans that we continue to make strong gains each year in the financial health of our organization,” said Blue Bomber president and CEO Wade Miller. “Our 2014 financials are proof of that unwavering community support.”

Season tickets and game day tickets continue to account for a large share of the club’s operating revenue — 37 percent in total.

Operating expenses increased by $735,000 due to a new five-year collective bargaining agreement with an increased salary cap.

The club made its first loan payment on Investors Group Field in December 2014 to Triple B Stadium Inc. in the sum of $4.5 million.

The Bombers open their 2015 season against the Saskatchewan Roughriders on Saturday, June 27 in Regina.

— Staff