LEAGUE page 65 12 MONTH CERTIFICATE 5.75% c\ / INTEREST RATE So where's the CFL today? "They're back up in Canada, and they're only dealing in Canada," said Mr. Glieberman. "They've got some cities that had financial prob- lems up there, but I think that league will survive in Canada. They've got some real strong sup- port for their community teams, especially in Western Canada. "And they've got weak support in Ontario. Toronto really sees themselves as an NFL (National Football League) city, and that's why they don't follow the CFL." Toronto is in line for an NFL fran- chise. According to Mr. Glieberman, the most interesting city in the CFL is Regina, Saskatchewan. `They draw 28,000 to a game, and there aren't 300,000 people in all of Regina, if there's even that many. The whole province is be- hind the team and comes to the games." 56870 A.F.Y./* 60 MONTH CERTIFICATE 6:00% INTEREST RATE • 1 3% A.F.Y./* That new team was the Shreve- port Pirates, which played in the CFL in 1994-1995. Although it was not the same as moving the Ottawa Rough Riders, Mr. Glieberman was allowed to take seven players from Ottawa for the core of the Louisiana team. Under the direction of Mr. Glieberman and his 28-year-old son Lonie, who succeeded his father as president and CEO of the team, the Pirates rapidly achieved the highest per capita attendance in the country as well as the lowest team operat- ing budget, all despite the CFL's lack of American television cover- age. It was certainly no mean feat in the highly competitive sports business. Would Mr. Glieberman consid- er bringing the CFL into the Unit- ed States now? "I don't think it would be a smart move for the CFL to come here, or for somebody to bring them here. I don't think These are fixed rate certificates of deposit that are insured by Federal Deposit Insurance Corporation (FDIC). A minimum opening deposit and balance of $500.00 is required to obtain the stated Annual Percentage Yield. F 'LA 557.12 Rs BANK EQUAL HOUSING OPPORTUNITY LENDER CALL (810)338-7700 or (810)352-7700 Main Office 2600 Telegraph Rd. Bloomfield Hills, MI 48302 oi or k** **** Feder' Ziy Insured *** to St00.000 * : MY' * rt* —** • Annual percentage yield when compounded quarterly. Rate is accurate as of 2/21/97. Penally for early withdrawal from certificate accounts may be assessed. Detroit's Premiere Custom Clothier Since 1949 271 Tell Mtuttui 1.1 (810) 64,6 -0535 ►Benchmade Suits ►Custom Alterations TH E DE TRO I T J EW IS H N EW S Custom Made Suits from $525 Os ►Accessories ►Custom Made Shirts Is Your Financial House In Order?? To find out call PHASE FOUR Certified Financial Planning Professionals (810) 559-6980 JOEL LEVI, CFP TRISH WELLMAN, CFP 17117 West 9 Mile Road, Southfield, MI 48075 Phase Four Advisory, Registered Investment Advisor Securities offered through Vestax Securities Corporation, Member, NASD & SIPC 1931 Georgetown, Hudson, OH 44236 (216) 650-1660 Comfort Shoe Headquarters FILA JOHNSTON-MURPHY ECCO ROCKPORT NIKE Bernie Glieberman wants to run sports like a business. But that wasn't the case in Ot- tawa where, as Mr. Glieberman learned, most of the people who work in Ottawa call some other place home. The only time they go to a football game is when that oth- er place comes to play. After owning the Ottawa Rough Riders for two years, Mr. Glieber- man saw that there was expan- sion going on in the United States and "since that was our original intent, we said we'd like to move our team, because at that time we had a horrible lease in Ottawa. "So we told the CFL, let us move our team. I'm sure they'll make a better lease when they don't have a team for a year. "But," Mr. Glieberman said, "the CFL felt if ever we're going to have a team leave, we don't want to have an American pull a team out of Canada. It made sense, it would look kind of bad for them. "So instead, they asked me if I would sell the team. And I did. I sold the team to somebody there, and we just started a new team. It was a win-win situation for every- body." that's the way to go. I think that with anything done in sports to- day, you have to learn how to con- trol your costs, and you have to learn how to keep teams from moving all around the place. "And the way you would do that is to have single-entity leagues." Mr. Glieberman uses major league soccer as his example. The league owns almost all the teams, can sign up all the sponsors, and owns all the property. To further support his vision, Mr. Glieberman cites a scenario involving the NFL and Jerry Jones, owner of the Dallas Cow- boys. "Jones says to the NFL, You make a deal for all the cities in the league, and you give us an equal amount of money out of dis- tribution. Well, my city is doing more to promote what Pepsi Cola pays you a million bucks for, so there's the disparity. You're get- ting a million bucks from Pepsi, and you're dividing it among 30 teams. But that's not fair, because LEAGUE page 68 r