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The Toronto Blue Jays Could Be Facing Yet Another Challenge For Payroll

Toronto is the only team in the MLB not in the USA.  With that comes foreign currency.  For the years of 1990 - 2007, the Canadian Dollar was hovering around the 70 cents mark for the duration.  The last economic crash in the USA - had the dollar at par for the better part of the last 7 years, including once reaching $1.1o for every George Washington bill in America.  The average for the exchange rate has been in the mid 90 cents range.  The loonie has been in a nosedive since 2014 kicked in - and now it is around 90 cents for every US Dollar.  If it goes down much more, it will be just another challenge the Jays will face in a vaunted AL East Division.

Toronto is the only team in the MLB not in the USA. With that comes foreign currency. For the years of 1990 – 2007, the Canadian Dollar was hovering around the 70 cents mark for the duration. The last economic crash in the USA – had the dollar at near par for the better part of the last 7 years, including once reaching $1.10 over every George Washington bill in America. The average for the exchange rate has been in the mid 90 cents range since 2008. The loonie has been in a nosedive since 2014 kicked in – and now it is around 90 cents for every US Dollar. If it goes down much more, it will be just another challenge the Jays will face in a vaunted AL East Division.

Hunter Stokes (Chief Writer): 

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It was a big reason the Montreal Expos are no longer in the MLB anymore.  It also affected the only Canadian franchise left for that same stretch.

I am talking of course about the Canadian Dollar.

Luckily for Toronto, the last 6 years have been decent for the exchange rate.

The mark has fluctuated predominantly between .94 -.99 cents per US Dollar from 2008 – 2014.

This is even more crucial for the Blue Jays considering they reside in a tough AL East with payroll powerhouses Boston and New York. Read the rest of this entry

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