Don't exhale yet, Argo fans

TERRY KOSHAN, QMI Agency

, Last Updated: 3:07 PM ET

TORONTO -- Barring a last-minute change, there will be no announcement on Friday regarding a sale of the Toronto Argonauts.

A league source has confirmed that nothing will be announced until early next week at the earliest.

Argos co-owner David Cynamon said on Thursday that one way or another, the ownership issue would be resolved in the coming days, and that either he and Howard Sokolowski would keep the team or sell it to David Braley.

What makes some believe that Cynamon and Sokolowski will end up keeping the team is their asking price -- believed to be anywhere from $10 million to $15 million. Part of the reason the two have placed a bigger-than-usual price tag on the Argos is because of the expectation the city of Toronto will get the Grey Cup in 2012, the 100th anniversary of the championship trophy. That has not been announced nor has the league awarded the 2012 Cup to Toronto, but the majority of CFL observers and those within the league figure Toronto is just a rubber-stamp away from getting the right to play host to the game.

"It just makes sense," a league source said.

The Cup could net whoever owns the Argos as much as $5 million, if not more. Braley appears to realize as much, and with the B.C. Lions, he already has the 2011 Cup coming to Vancouver.

Cynamon and Sokolowski, in asking for $10 million to $15 million, could be trying to cover themselves in the event that they sell the team and Toronto gets the Cup in two years.

There also remains nothing new on the head coaching front, though many believe the Argos would be silly to not turn their attention to Hamilton Tiger-Cats defensive co-ordinator Greg Marshall, who was the runner-up to the Winnipeg Blue Bombers job that went to Paul LaPolice.

Interestingly, one agent who has some clients on the Argos said there is not much of a concern right now, despite all of the uncertainty.

"No worries at all," the agent said. "(But) the key will be staff assembled by the new coach."

The contracts of the Argos' 2009 coaching staff expired on Feb. 1, at least for those members not named Bart Andrus. Many Argos fans hope defensive co-ordinator Peter Kuharchek, who ran a solid defence last year, is re-hired by the new coach.


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