There was a discussion on another board about golf, and how the PGA Tour and European Tour have formed an "alliance." A number of us think it's a first step toward a PGA Tour takeover, because the European Tour has much smaller purses and needs the money. The discussion about purse size came up, and there were questions about the taxes (tournaments etc., and the tour itself are 501(c)XX organizations). I also posed the question as to whether part of the reason there is a lot more golf sponsorship here is due to the fact in Europe, a company can put its logo on soccer uniforms in a big way.
Does RBC sponsor 2 golf tournaments to the tune of $10 million each per year, and a group of players, if they could put their logo on the Maple Leafs' sweater instead? Putting aside the feelings of logos or not on a sweater, I have to believe that is some massively valuable real estate. What would that be worth? Someone asked if there would actually be sponsors lining up or would it be cannibalizing from other sponsorships. I think, in Canada for certain, and depending on the US market, it won't be sponsorships with the NHL team that lose out. I think it will be other things.
I'm not saying they should or shouldn't do it, but anyone who thinks there isn't massive money on the table for it is a dreamer, IMHO. It would come at a cost, I agree, and whether that cost is worth it is a valid question.