CKNW 980 is reporting that BC Lions owner David Braley may become the owner of the Toronto Argonauts by early next week:
Quoting CKNW: CFL sources tell CKNW that the deal current Argo owners David Cynamon and Howard Sokolowski were working on to bring a new partner into the fold is falling apart, and may be officially dead by as soon as Friday.
If a new partner is not in play for the Argo owners, Braley may be forced to deal with a franchise dropped on his doorstep as soon as this weekend.
One person or corporation can own interest in two teams in the CFL, as has been the case in Major League Soccer and the American Hockey League. If Braley were to own both teams, he would not be interested in selling the Lions. He is however, interested in building up the Argos franchise for a new buyer. The future of general manger Adam Rita remains uncertain. Rita may be retained in a player personnel capacity with the club, but not as GM.
Stay tuned for further developments.