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Winnipeg Blue Bombers $5.7 million in operating income beyond 2023 – Winnipeg Free Press

Posted on by Neons

WINNIPEG – It's been another strong off-court season for the Winnipeg Blue Bombers.

The CFL club posted a net operating profit of $5.7 million in 2023, a season that saw Winnipeg (14-4) lead the West Division for the third straight year.

The community-owned franchise also made its fourth straight Gray Cup appearance, dropping a 28-24 decision to the Montreal Alouettes at Tim Hortons Field in Hamilton.

It's been another strong season off the field for the Winnipeg Blue Bombers. The CFL club announced it posted net operating income of $5.7 million in 2023, a season that saw Winnipeg (14-4) lead the West Division for the third straight year. . A fan poses with a Blue Bombers wrestling belt before the 110th CFL Gray Cup game against the Montreal Alouettes, Sunday, Nov. 19, 2023, in Hamilton. CANADIAN PRESS/Nathan Denette
It's been another strong season off the field for the Winnipeg Blue Bombers. The CFL club announced it posted net operating income of $5.7 million in 2023, a season that saw Winnipeg (14-4) lead the West Division for the third straight year. . A fan poses with a Blue Bombers wrestling belt before the 110th CFL Gray Cup game against the Montreal Alouettes, Sunday, Nov. 19, 2023, in Hamilton. CANADIAN PRESS/Nathan Denette

Winnipeg announced its 2023 profit on Thursday after releasing its annual report.

Revenue in 2023 was $50.5 million, up $5.1 million (11.2 percent) from 2022.

Club revenue increased to $15.1 million (up 9.6 percent year-over-year), while game-day, merchandise and concessions revenue totaled $11.5 million (up 10.5 percent).

However, the numbers still look bleak for Winnipeg-based Canadian Premier League club Valor FC, owned and operated by the Blue Bombers.

The report said Valor lost $1.25 million last year and the club's finances are still uncertain.