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David Cynamon (born October 19, 1963) is a Canadian company executive and was the former co-owner of the
Toronto Argonauts The Toronto Argonauts (officially the Toronto Argonaut Football Club and colloquially known as the Argos) are a professional Canadian football team competing in the East Division of the Canadian Football League (CFL), based in Toronto, Ontario ...
from 2003 to 2010 with
Howard Sokolowski Howard Sokolowski, is a property developer, philanthropist and sport business owner from Toronto. He is the husband of Linda Frum and was the former co-owner of the Toronto Argonauts with David Cynamon from 2003 to 2010.Edmonton Edmonton ( ) is the capital city of the Canadian province of Alberta. Edmonton is situated on the North Saskatchewan River and is the centre of the Edmonton Metropolitan Region, which is surrounded by Alberta's central region. The city ancho ...
, during his childhood, Cynamon used to work at his father's sales stands at
Edmonton Eskimos The Edmonton Elks are a professional Canadian football team based in Edmonton, Alberta. The club competes in the Canadian Football League (CFL) as a member of the league's West Division and plays their home games at the Brick Field at Commo ...
games. Later, he moved to
Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...
and operated a group of
pedicab The cycle rickshaw is a small-scale local means of transport. It is a type of hatchback tricycle designed to carry passengers on a for-hire basis. It is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, ...
s. Whilst in Toronto, he attended
York University York University (french: Université York), also known as YorkU or simply YU, is a public university, public research university in Toronto, Ontario, Canada. It is Canada's fourth-largest university, and it has approximately 55,700 students, 7,0 ...
. There, he played
football Football is a family of team sports that involve, to varying degrees, kicking a ball to score a goal. Unqualified, the word ''football'' normally means the form of football that is the most popular where the word is used. Sports commonly c ...
for the York Yeomen from 1983-1986, and was a
triathlete A triathlon is an endurance multisport race consisting of swimming, cycling, and running over various distances. Triathletes compete for fastest overall completion time, racing each segment sequentially with the time transitioning between the d ...
. After university he worked as for ''KIK Corporation'' a detergent manufacturer, becoming an executive. Later, he changed company and became the CEO of ''KCP Income Fund''.Honey, I bought the Argos
from ''
The Globe and Mail ''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it ...
'' retrieved 8 February 2014


Toronto Argonauts

On 5 November 2003, with Sokolowski, Cynamon became an owner of the Toronto Argonauts. They purchased it from the
Canadian Football League The Canadian Football League (CFL; french: Ligue canadienne de football—LCF) is a professional sports league in Canada. The CFL is the highest level of competition in Canadian football. The league consists of nine teams, each located in a ci ...
for $2 million.Lions owner helped rescue ailing Argos
from ''
National Post The ''National Post'' is a Canadian English-language broadsheet newspaper available in several cities in central and western Canada. The paper is the flagship publication of Postmedia Network and is published Mondays through Saturdays, with ...
'' retrieved 8 February 2014
News that the Argonauts were owned by Toronto inhabitants was welcomed by fans of the team. Once they had bought it, they sought moving the team into a stadium that suited the Argonauts' regular attendance of 20,000-25,000. Attempts were made to move the Argonauts to either the
University of Toronto The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...
,
York University York University (french: Université York), also known as YorkU or simply YU, is a public university, public research university in Toronto, Ontario, Canada. It is Canada's fourth-largest university, and it has approximately 55,700 students, 7,0 ...
or to
BMO Field BMO Field is an outdoor stadium located at Exhibition Place in Toronto, Ontario, Canada, which is home to Toronto FC of Major League Soccer and the Toronto Argonauts of the Canadian Football League. Constructed on the site of the former Exhibit ...
but nothing came about. On the field, the team won the
92nd Grey Cup The 92nd Grey Cup game took place on November 21, 2004, at Frank Clair Stadium in Ottawa, Ontario. The game decided the championship of the 2004 Canadian Football League season. The Toronto Argonauts defeated the BC Lions 27–19. This is t ...
in 2004 under the head coach Michael 'Pinball' Clemons, the first black coach to ever win the
Grey Cup The Grey Cup (french: Coupe Grey) is both the championship game of the Canadian Football League (CFL) and the trophy awarded to the victorious team playing in the namesake championship of professional Canadian football. The game is contested be ...
. Despite Grey Cup success and increased sales, the team lost money over the six years. On 9 February 2010, they sold the team to
David Braley David Osborn Braley (31 May 1941 – 26 October 2020) was a Canadian businessman and politician who was the owner of the BC Lions and previously owner of the Toronto Argonauts and Hamilton Tiger-Cats. He was appointed to the Senate of Canada ...
who had originally loaned them half of the required money to purchase the Argonauts from the Canadian Football League.


Charity

Cynamon and his family operate a charitable foundation ''The David and Stacey Cynamon Family Foundation''. In 2007, with Sokolowski, Cynamon gave $4 million to The Hospital for Sick Children. Additionally, they also gave $5 million to a Jewish community centre for the development of Sports Complex in Toronto.JewishToronto.com
retrieved 8 February 2014


References

{{DEFAULTSORT:Cynamon, David Toronto Argonauts owners Canadian sports businesspeople Living people Place of birth missing (living people) Businesspeople from Edmonton York University alumni York Lions football players 1963 births Jewish Canadian philanthropists