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Unplug the NFL (view source)

Revision as of 18:43, September 27, 2015

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The overall economic return from hosting a Super Bowl may actually be a loss.

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*greater local church attendance

*less traffic jams

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== Poor Economic Impact of Super Bowl ==

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An economist concluded that the NFL's estimate of economic benefit to a city hosting a [[Super Bowl]] is "is inflated by a factor of about five."<ref name="Overhype">http://www.cbsnews.com/news/is-the-super-bowls-ecoomic-impact-super-hyped/</ref> The mayor Glendale, where the Super Bowl for 2015 was held, did not even attend and "was worried that his cash-strapped city of 230,000 won't be able to afford the added costs that come with the Super Bowl, including $2.1 million in additional security. To make matters worse, approximately 40 percent of Glendale's debt is earmarked to paying off sports complexes."<ref name="Overhype"/>

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In 2014, multiple articles explained that the NFL was grossly exaggerating any local economic benefit of hosting the Super Bowl, and one economist estimates that the economic benefit is zero. see, e.g., "Super Bowl 2014: Economist says NFL is full of it about local benefits of hosting game."<ref>http://www.nj.com/super-bowl/index.ssf/2014/01/economist_on_local_impact_of_hosting_super_bowl_the_nfl_is_full_of_it.html</ref> Meanwhile, government workers at taxpayer expense spent two years preparing for the event. After the Super Bowl in New Jersey in 2014, local businesses complained about the lack of boost in customers.

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The overall economic return from hosting a Super Bowl may actually be a loss. As observed by the ''Daily Beast'':<ref>http://www.thedailybeast.com/articles/2014/01/30/the-nfl-s-super-bowl-con-hosting-the-big-game-isn-t-an-economic-score-for-cities.html</ref>

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{{cquote|Typically, according to Baade’s research (PDF) and supported by related studies, Super Bowl host cities see a negative rate of return. 'If you do a pure economic evaluation, we may be able to cover the explicit costs…but we can’t make the argument that accommodating the Super Bowl is actually better than anything else.'}}

== See also ==

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