Winnipeg Blue Bombers post $2.6 million operating profit in 2018 season

WINNIPEG — The 2018 season was another profitable one for the Winnipeg Blue Bombers.

The Bombers announced Tuesday they posted a profit of $2.6 million last season.

“We are pleased with our overall financial results for 2018,” president/CEO Wade Miller said in a statement. “These results are a testament to the strong support from our fans, season-ticket members, and corporate partners.

“Our team should be proud of our financial results.”

The Bombers had a profit of $5.1 million in 2017. However the club announced in its annual report that last year there were no other major events at Investors Group Field than the Manitoba Marathon.

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Total operating revenue was $33.4 million, an increase of $970,000. Game revenue was down $1.4 million (10.5 per cent) as the Bombers didn’t host a 2018 home playoff game, while stadium management revenue decreased $1.8 million over 2017.

There was also a decrease of $830,000 in overall stadium occupancy costs with fewer non-football events at Investors Group Field.

Operating expenses totalled $30.8 million, an increase of $3.4 million, while overall football operations expenses were up by $470,000 with the Bombers playing in both the West semifinal and final.

The Canadian Press