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 based in Toronto, Ontario. The Argonauts compete in the East Division (CFL), East Division of t ...

from 2003 to 2010 with Howard Sokolowski. David is a co-chair at Mount Sinai Hospital In Toronto.

Biography

Raised in

Edmonton Edmonton is the capital city of the Provinces and territories of Canada, Canadian province of Alberta. It is situated on the North Saskatchewan River and is the centre of the Edmonton Metropolitan Region, which is surrounded by Central Alberta ...

, 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 Commonwealth Stadium. The E ...

games. Later, he moved to

Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

and operated a group of

pedicab The cycle rickshaw is a small-scale local means of transport. It is a type of 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, cyclo, be ...

s. Whilst in Toronto, he attended

York University York University (), also known as YorkU or simply YU), is a public university, public research university in Toronto, Ontario, Canada. It is Canada's third-largest university, and it has approximately 53,500 students, 7,000 faculty and staff, ...

. There, he played

football Football is a family of team sports that involve, to varying degrees, kick (football), kicking a football (ball), ball to score a goal (sports), goal. Unqualified, football (word), the word ''football'' generally means the form of football t ...

for the York Yeomen from 1983-1986, and was a triathlete. 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 Newspapers in Canada, Canadian newspaper printed in five cities in Western Canada, western and central Canada. With a weekly readership of more than 6 million in 2024, it is Canada's most widely read newspaper on week ...

'' 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; , LCF) is a Professional gridiron football, professional Canadian football league in Canada. It comprises nine teams divided into two divisions, with four teams in the East Division (CFL), East Division and f ...

for $2 million.Lions owner helped rescue ailing Argos
from ''

National Post The ''National Post'' is a Canadian English-language broadsheet newspaper and the flagship publication of the American-owned Postmedia Network. It is published Mondays through Saturdays, with Monday released as a digital e-edition only.

'' 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 university, public research university whose main campus is located on the grounds that surround Queen's Park (Toronto), Queen's Park in Toronto, Ontario, Canada. It was founded by ...

or to

BMO Field BMO Field is an outdoor stadium located at Exhibition Place in Toronto, Ontario, Canada. Constructed on the former Exhibition Stadium site and first opened in 2007, it is the home field of Toronto FC of Major League Soccer (MLS) and Toronto Ar ...

but nothing came about. On the field, the team won the 92nd Grey Cup in 2004 under the head coach Michael 'Pinball' Clemons, the first black coach to ever win the

Grey Cup The Grey Cup () 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 between the winners ...

. 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 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 In addition, the couple are very involved in the federal political scene, hosting many fundraising dinners for the PC party.

References

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