However, before the season started, ownership could not secure and provide the financing for a new stadium.
Without a stadium in place, the Schooners folded without playing a single game in the CFL.
became the sixth CFL Commissioner in history on Friday, June 1, succeeding Jake Gaudaur who had served in that position since 1968.
The regular season started in June for the first time in league history, while Edmonton hosted its first Grey Cup championship game.
The Blue Bombers' Tom Clements (QB) was named the Grey Cup's Most Valuable Player on Offence and Tyrone Jones (LB) was named Grey Cup's Most Valuable Player on Defence, while Sean Kehoe (RB) was named the Grey Cup's Most Valuable Canadian.