A noted critic of the NFLs economic impact boasts found fiscal shortfalls for cities hosting Super Bowls.
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A noted critic of the NFL’s economic impact boasts found fiscal shortfalls for cities hosting Super Bowls. For example, he pointed out that the Super Bowl inMiami led to a net increase of some 5,525 visitors. If they stayed for four days and spent $400 per day, the direct impact would be $8.8 million.
At a 6.5 percent sales tax rate, tax receipts would increase by $572,000. “But the additional fiscal costs associated with hosting the game were estimated at $4 million. Net impact: minus $3.4 million.” If you were an NFL official, how would you respond?
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