If I was a Rogers shareholder I wouldn't be too happy with how the Rob Ford Blue Jays are doing this year.
The Torontos are in last place in the American League East and are on track to miss the playoffs for about the 20th straight year.
Back during their champeenship years the Blue Jays were, along with the New York Yankees and the Dallas Cowboys, one of the three most valuable sports teams on the continent. No mas, no mas.
Why did this happen and why should it concern Rogers shareholders? It happened coz the club convinced itself that it was a small market team and couldn't compete with the big boys in their division, the New Yorks and the Bosox. This, of course, is a big steaming pile of bullsh*t. The Blue Jays just cheaped out, getting rid of stud pitchers as they started to cost beaucoup, thinking only of the immediate bottom line, not the health of the franchise. Now one cannot see fully into other divisions of Rogers but it is reasonable to speculate that the mother corp also cheaps out when it comes to its other stuff which, like the ball club, ain't gonna help in the long run.
This probable shortsightedness hasn't affected the stock price yet. In fact the stock is up over ten per cent in the last year. Plus I drive a fifteen year old car and have a negative balance at the bank.
Still food for thought.
WFDS
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