Is the economic impact as big as touted? When the Kansas City Chiefs and Philadelphia Eagles square off this Sunday, Feb. 12, in Super Bowl LVII in Glendale, Arizona, plenty of eyes will be on the action on the field. However, there are numerous economic aspects going on around the big game as well. Benefits for the host city The opportunity to showcase a city to a massive worldwide audience is something public officials dream of, and economic reports that are released seem to make their case. In 2020 when the 49ers and Chiefs faced off in Miami, the Super Bowl Host Committee and Miami Beach commissions reported that the Super Bowl brought in over 4,500 new jobs to the area and had a total economic impact of $571 million. Last year in Los Angeles, where the Rams defeated the Bengals in brand new SoFi Stadium, the local economy was expected to gain up to $477 million. However Tim DeSchriver , associate professor of sport management in the University of Delaware’s Alfred Lerner College of Business and Economics , says those numbers can be overrated. “The visitors’ bureaus and business people with those cities are going to promote that […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
