Grey Cup game in T.O. in 2007

PERRY LEFKO -- Toronto Sun

, Last Updated: 7:50 AM ET

The Grey Cup is coming to Toronto in two years and it could be returning within five years after that.

The Toronto Sun has learned the Argos formally will announce on Tuesday that the game will be played here in 2007. It was most recently played in Toronto in 1992.

The Sun also has learned there is a provision between the team and the Canadian Football League, which owns the rights to the game, that could bring the game back to Toronto before 2012.

The Argos would not comment yesterday, but a source connected to Mayor David Miller's office confirmed the announcement and said the city will be a big promotional partner in the event.

"I think it's an important part of Canadian tradition," the source said. "We would have to embrace it. I think it's important for the city to get it back to Toronto again."

It's believed the city will not finance the cost of buying the event from the CFL. The price tag is between $3 million to $4 million and will be funded by team owners Howard Sokolowski and David Cynamon, who bought the Argos in November 2003 and reportedly had a deal to buy the rights to the game at least twice before 2012.

The Grey Cup has become a money-making venture for most teams in recent years, either through private ownership or in partnership with the city in which they play. Sources claim it could parlay into a profit of between $4 million to $5 million.


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