The Eskimos' bid for a record-breaking fifth consecutive Grey Cup victory looked to be in jeopardy at mid-season, as they began the year with a 3-5 record. But 10 straight victories later, they found themselves once again in the Grey Cup, pitted against the underdog Toronto Argonauts. The Boatmen had last won a Cup in 1952 and last appeared in the CFL Final in 1971, and their hometown fans were giddy with expectation. Winners of only two games the previous season, the Argos took a 9-6-1 record into the 1982 Grey Cup game. The game, played in a driving rainstorm, started well for Toronto. After the Eskimo's Dave Cutler kicked a field goal, newly acquired Emanuel Tolbert scampered 84 yards for a touchdown off a screen pass for the Argonauts. The Eskimos replied with a Brian Kelly touchdown reception, but the Argos scored again, with Condredge Holloway completing a 10-yard pass to Terry Greer. Toronto now led 14-10, but from this point Edmonton and Warren Moon would not look back. With the Argonauts unable to move the ball with the wind in the third quarter, the Esks took control. Another touchdown pass to Brian Kelly, a Neil Lumsden touchdown rush and three more Cutler field goals sealed the victory for the CFL's greatest dynasty. Moon completed 21 of 33 passes for 319 yards, all while having to throw in the freezing rain.
The 1982 Grey Cup broadcast drew the largest Canadian TV audience up to that time. In 1982, the Toronto Argonauts were playing home games at Exhibition Stadium. The players and fans were forced to endure awful conditions due to the rain and cold—a problem exacerbated by the fact that much of the stadium was completely exposed to the elements. Many fans had to watch the game from the concession area. Outraged fans began calling for a domed stadium the following day; at a rally at Toronto City Hall, thousands of fans who had come to see the Grey Cup chanted, "We want a dome!" As a result, discussions began which ultimately led to the construction and opening of SkyDome in 1989. The Argos played their home games at the stadium from 1989 to 2015. This was the fourth time in seven years that the baseball-renovated Exhibition Stadium had hosted the game, and the twelfth and final time overall. While the facility trails only nearby Varsity Stadium for number of times hosting the Grey Cup, this record unlikely to be matched, as the next closest, BC Place Stadium, has hosted only nine times as of 2018. Ten years after the Blue Jays and the Argonauts departed it, Exhibition Stadium was demolished in 1999. A few years later BMO Field was built as a soccer-specific stadium, approximately where Exhibition Stadium once stood. BMO Field was later renovated to accommodate the Argonauts for the 2016 CFL season and that year hosted the 104th Grey Cup, marking the CFL championship game's return to the Exhibition grounds after a 34-year absence.
