But this deal would cover only the Wolfpack's first year in Super League with team officials hoping to sweeten the agreement down the line.
Toronto started life in in League 1, the third tier of English rugby league. It has spent the last two seasons in the second-tier Betfred Championship and is now one win away from replacing the relegated London Broncos in the team Super League.
It has proved to be a learning process for all concerned. That's all open for discussion. That burden has been eased by a sponsorship deal with Air Transat.
Toronto is currently in discussion with the airline on extending the deal, talks that have been complicated by Air Canada's pending acquisition.
That amount would cover the Super League salary cap of 2. They're going to have to explain it to us. The rugby league authorities wanted a promotion deal done before Saturday's game at Lamport Stadium, which is expected to attract a Wolfpack-record crowd.
Majority owner David Argyle stepped down as chairman and CEO this season after finding himself in the middle of a racism scandal involving an opposition player. Team officials met last month with the Rugby Football League to provide details on the franchise's long-term financial stability.
With us, it was just a matter of because we absorb so many costs, they want to make sure that we were going to be able to hang around," he added.
On Thursday, the authorities signed off on the promotion deal. Promotion is sanctioned by the RFL who have confirmed that both clubs have met all the relevant criteria.
The travel issue is complicated by the fact most Super League games are Thursday or Friday evening. Hunter says Toronto will continue to play home games on Saturdays, which allows visiting teams to return on a late-night flight that same day. Should they earn promotion, the Wolfpack plan to continue playing in the 9,seat Lamport.
The team hopes to sign a long-term deal with the City of Toronto, which owns the venue.
This report by The Canadian Press was first published Oct.