leeward
Registered User
- Jan 3, 2005
- 1
- 0
The advantage is shifting to the Canadian teams as the value of the USA dollar falls. As Canadian teams pay in US dollars and have Canadian dollar revenues they have suffered against the US teams. The currency trend has been moving very quickly in 2004 to the Canadian teasm favour and is expected to continue to move to the Canadian teams benefit in 2005. I actually feel the Canadian dollar will go to par versus the US dollar in the next 20 months. This changes the dynamics for the free agent mkt significantly. How it is treated under the new agreement is up in the air. However the days of the Canadian teams losing money may now be over.