How much does a Super Bowl contribute on average to the local economy of a host city?

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How much does a Super Bowl contribute on average to the local economy of a host city?

  • 92 Million

    Votes: 1 5.3%
  • 211 Million

    Votes: 13 68.4%
  • 635 Million

    Votes: 3 15.8%
  • 912 Million

    Votes: 2 10.5%

  • Total voters
    19

ODU GURU
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<TABLE cellPadding=2 width=610 border=0><TBODY><TR><TD colSpan=3><TABLE cellSpacing=0 cellPadding=4 width=600 border=0><TBODY><TR bgColor=#dcdcdc><TD vAlign=top colSpan=2>[font=arial,helvetica]How much does a Super Bowl contribute on average to the local economy of a host city? [/font]</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
The correct answer is one of the choices...


THE SHRINK
 

ODU GURU
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I'll never tell, at least not yet....:lolBIG:

I want to see who are sharpies are...
 

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I also would think the revenue generated in Fla would be much lower than Ca...
 

RX Senior
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I may buy some hot dogs and beers and stuff, so thats like $100 right there
 

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Personally I think it depends on the city itself. People just tend to party more in New Orleans than they do in Houston or Jacksonville. I know the SB is a score for a city thought. 912M.


wil.
 

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Wil, nice thought, but actually your thinking is faulty. The cities with less partying and less tourism are the big winners. I will go into a somewhat long reasoning:

The math for these problems is extremely dubious. I worked on a committee in San Diego that tried to determine the value back after the 1998 game held at Qualcomm Stadium. We came up with something like 23 or 25 different numbers. We had economists, businessmen, city council members, the Mayor's office, the Governor's office, and a cast of others trying to get their views in. We had people who wanted a library built that practically filibustered one of our meetings. It was a joke.

End of the discussion we came up with math that true value to a city such as San Diego is probably about $80 million. There was a surprising and somewhat controversial conclusion though. Much of that value is driven by future visits, not the stuff that goes on during the given week. Most studies proved that while it is a nice draw to a town, a place like San Diego which is about 90% capacity during January due to conventions and premium weather loses a lot of business. I suspect New Orleans isn't quite as crowded in January, but I am sure they are closer in effect to San Diego than Jacksonville. With hotels booked or gouging customers, it chases away a lot of people who contribute to the city in more valuable ways than the SB does. Part of the secret is how much of the money spent during the week goes to people who don't live in the area. Souvenir vendors, ticket scalpers, tons of transport people driving in from all over the West (limos and buses by the thousands from LA area), the NFL Experience and the NFL itself benefit greatly and then take their money elsewhere. Lots of businesses come to town to network and do business, but they are visitors all around making deals with each other.

When it came down to it the whole math showed maybe $20-25 million in positive benefit from the weekend alone due to increased money left in the economy over a base weekend. Note the stats may say almost $200 million or more in revenues from the weekend, but once again that is offset by revenue that didn't come in. San Diego normally has conventions that do better business. The real value though, pegged at about $50 million, is that for one it is a big free advertisement. The city has had three Super Bowls all played in glorious 60-70 degree sunny weather which yields future visits. Second it draws repeat visits from visitors for the game who say "I have to come back again" but would never have visited in the first place. Third a modest amount of value is added to the prestige of having hosted a game. I believe above all else Jax is really banking on this. Not a big deal in SD, but I could see it being of more value to a city that few ever think of as a tourism destination. Lastly the city paid a lot of money in guarantees and construction costs for the stadium, which were partially earned back by the game through increased ticket sales. A Chargers official guessed 2,500 extra season tickets sold because of the SB ticket lottery the team held. We didn't take his word for it, but we assumed 500 extra tickets sold, tickets that the city would have paid for in about half the games that year that didn't sell out.

Is that a convoluted enough answer? I tell you I could go on, but it is a total mess. Very fuzzy math, but just like the arguments for building a stadium. You can make the numbers say whatever you want really, but the conclusion really was other cities probably gain a lot more from it and it wasn't likely worth it to expand the stadium any more as the NFL sort of demanded to get more games sent to SD. In the end the NFL couldn't argue with how much everyone loved the city as a venue so it will continue sending the games about every 5 or 6 years as long as the Chargers are still playing in the city.
 

RELAX,im just having fun
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very true wildbill. and 2 years ago the NFL said untill SD gets a new stadium they wont be back. in the arguements that was bantered about prior to the 88 superbowl the claim was 300 million$. in the months after that game it was realized the game its self was profitable indeed but it really materialised in tourism months later and chamber of commerce polling of tourists as to what made them want to visit san diego for the 1st time. they replied it was the scenes coming from the superbowl months earlier.then in superbowls since every nfl experience and partys related to the game were placed in high profile areas of town where tourists could get a great taste of that city.when the tampa bay bucs were here to play the raiders a wide spread feeling of doom was felt. most raider fans it was believed are low rent trash from L.A. who would only invade SD to trash the place and not spend money.thats exactly what happened.i remember being at the nfl experience and saw alot of bucs fans as well as fans of every team but raider fans werent around. at night in the superbowl central which was the gas lamp all you found was drunken raider fans looking for trouble. it was still damn fun and crazy wild to be there but very intense when bucs fan met raider fan.211 million is probably very realistic and tho we hit that mark every superbowl city expects much more than that.and if the superbowl ever comes to your city you HAVE to experience everything! theres nothing cooler than being in the middle of 100,000 nfl fans all wearing thier teams colors.~RG
 

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They say it every time Roxy, but it came in 98 and Tagliabue made some big deal about not coming back. Then within 2 years they got the game again. Its the typical hostage holding situation. Remember though after the last two games, all these NFL officials are raving about if there was a place to always have it, that place would be San Diego. Miami gets it a lot, but the people are somewhat blase about it. San Diego has signs for a full year hyping it up. I never lived in SD, but through a family connection got included in the lower level of a think-tank type group that did this analysis and other economic stuff.

We said quite simply to ignore all that 200-300 million talk because that is the basic net revenues, but there are times in the winter months the city takes that in when there is nothing more than a good convention in town. Average summer weekend, when approximately 5% of the Phoenix and Las Vegas area populations are in town, brings in almost 300 million in total revenues, more the Super Bowl's net take and this happens weekend after weekend.

Facts are facts, Jax is going to enjoy a nice score off of this, better than SD ever will going forward. They need the exposure and the prestige a lot more, not to mention the refurbishments to the football stadium. SD needs a new football stadium too, but with the support of the fans being so poor and the outrageous cost of land I just can't see it ever happening. Unfortunately this little carnival probably is heading up to LA whenever the Chargers get around to packing up and heading there. Very sad, but probably inevitable. In LA they yawn at the Super Bowl.
 

RELAX,im just having fun
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well given the financial ruin this city is in because of a braindead mayor and city council i can see the bolts leaving too. but los angeles is a bad fit. the chargers would never be accepted up there. its raider country and theres still alot of die hard rams fans there. the spanos family knows this.you should visit here wildbill youd love it. we have a new stadium vote coming in 2006 so the bolts need to begin winning beyond this season.if they do they will get thier new house and the nfl would bring more superbowls here. we will see.
 

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Roxy I have never lived there, but doesn't mean I don't visit quite often. I probably know the area better than anyone who has never been a resident as I get down there at least 10 times a year.

I don't think LA is Raider country, I think it is anti-sports in general with some horrendous fans. Just look at the Lakers, within two years you watch that team will have thousands of empty seats after the team stops being a threat to win the title. At least SD has decent fans, tough market though to get regular attendance with so many still owning allegiances to teams like the *puke* Dodgers.
 

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Voted 211million, whatever it is i'm sure the strip clubs aren't complaining.:drink:
 

Hawkeye-Packer-Yankee
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To WildBills point. I heard Shaq bought some Townhouse for $900K in the Jacksonville area just so he had a place to party and entertain guests. He has stated after the SuperBowl he will put it on the market and sell it.
 
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WOW, I am speechless!!



Jarbo said:
To WildBills point. I heard Shaq bought some Townhouse for $900K in the Jacksonville area just so he had a place to party and entertain guests. He has stated after the SuperBowl he will put it on the market and sell it.
 

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