An estimated 1.3 million people visited Editor's note: The potential $460 million economic impact from a Cincinnati Bengals Super Bowl win is enough to boost the regions economy by 0.3%. While the Super Bowl LVII will be played in State Farm Stadium in Glendale, its going to cost Scottsdale over $2.3 million this year. Interestingly, this occurred when the Super Bowl also set its lowest TV rating since 1969 (Sports Media Watch, 2021). Cincinnati's consolation prize: $200M economic impact from Bengals Super Bowl run 'People want to go out and be normal again' By: Dan Monk. By Debbie Emery Feb 2, 2022, 2:58pm EST 1 Comment Each year, the Super Bowl brings thousands of jobs and can generate anywhere from $230 million to $475 million in economic impact. Houstons Super Bowl host committee wants it back for 2022, and has let NFL executives know. The Super Bowl's return to the Los Angeles area after a nearly 30-year absence is providing a much-needed boost to small businesses hard hit by the pandemic. In partnership with the NFL, the Super Bowl LVI Business Connect program identifies up to 250 women, minority, LGBTQ+, and veteran-owned companies in the Los Angeles area that can deliver goods and services during "The last time (we hosted the Super Bowl), there was a $720 million economic impact in the state of Arizona, and we look forward to having an Inglewood Mayor James Butts and L.A. Mayor Eric Garcetti highlighted the economic benefits of hosting the Super Bowl, saying it is expected to generate about $500 million for the L.A. region. The 2022 Super Bowl features the Cincinnati Bengals and the Los Angeles Rams, on Sunday, Feb 13, 2022, at SoFi Stadium in Inglewood, CA. Nola Agha, a professor of sports management at the University of San Francisco, estimates the economic effect from this years Super Bowl will be closer to $47 million. FEBRUARY 2022 LASUPERBOWLHC.COM #LASUPERBOWLHC 3-3-3 } Z >} vP o ^ }o,} }uu] The Los Angeles Super Bowl Host Committee has been established } o] a premier Super Bowl LVI ] v v drive lasting social, cultural, and economic impact Exit Full Screen. Suh has spent the previous three campaigns in Tampa Bay and played a massive role in their Super Bowl LV triumph. Arizona to host Super Bowl 57, capping 2022 NFL season. Los Angeles County will host Super Bowl LVI on Sunday, February 13, 2022 at the new, state-of-the-art SoFi Stadium in the per day, we forecast that Super Bowl LVI will produce economic benefits between $234 million and $477 million, including tax revenue to the LA region ranging between $12 million and $22 million. Approximately 150,000 out of town visitors came to Houston to enjoy the week's festivities. NFL votes Las Vegas to host Super Bowl LVIII, LVCVA estimates $500 million economic impact. These anticipated economic impacts are associated The 2022 Super Bowl set a new record for average spend per fan, hospitality firm Legends has revealed. and last updated 2022-03-23 07:51:45-04. Suh and his representation have failed to reach a middle ground with the Bucs in regards to his worth this offseason. On average, Matheson said that taxpayers pay $250 million for stadium construction. In early January 2022, it was reported that AT&T Stadium in Arlington, Texas, Budweiser, Coca-Cola, Hyundai and Pepsi were among the sponsors that returned after skipping the previous Super Bowl due to The NFL has confirmed a date for the 2022 Super Bowl in Los Angeles - an event that will showcase the new $5 billion SoFi Stadium and bring a Millions of additional tax dollars will go to the State of California. Arizonas two other NFL title games in the 21st century, Super Bowl XLII in 2008 and Super Bowl XLIX in 2015, generated thousands of visitors and dollars. The revenue stream includes more than $68 million in direct business travel spending, the study noted, including sponsorships, media, league operations and ancillary events. Once his contract extension begins in 2022, he can earn $1.25 million if the Chiefs reach the Super Bowl and an additional $1.25 million if hes named the NFL MVP. And those people liked what they saw. On a broader scale, L.A. County stands to gain as much as $477.5 million in economic benefits, the report said. The official economic impact report on Super Bowl LVI for the County of Los Angeles and the City of Inglewood lays out a compelling case for whats to be gained by playing host. The Super Bowl is the most iconic event on the American sports scene. Oftentimes it is not the local community or the small businesses who really need it. Matheson said Super Bowl impact reports often have large numbers before the event, but the real numbers are closer to $30 million to $130 million of added economic activity. June 1, 2022 11:46 am ET. Indianapolis has hosted the NFL Combine since 1987. For example, the economic estimate for the 2017 Super Bowl in Houston was around $350 million, while the year before was $240 million for Santa Clara. Furthermore, the NFL extends its dominance in regard to TV ads, with the 2021 edition of the Super Bowl raking in a record $545 million in ad revenues (Deadline, 2021). Returns as Even so, ticket holders will be paying a hefty tab to come out West. Cities vie to host Super Bowls because of the economic impact it brings. and last updated 2022-02-14 10:27:59-05. COVID protocol and red-carpet events revealed for Feb. 13's Super Bowl 56 in 2022. Super Bowl LVI, the first NFL championship in L.A. in 29 years, is merely the kickoff to a long list of mega-events coming to Inglewood. The economic impact estimates for the Super Bowl extend from one intellectual end zone to the other. Super Bowl 50 Produces $350M Economic Impact. With a 7% tax rate, the gross economic impact of Super Bowl XXXIX comes to about $3 million. Mark Bella/LA Tourism from $230 million to $475 million of economic impact. While City Hall has yet to release preliminary numbers on the economic impact of the Super Bowl, local leaders estimate the game injected about half VIDEO 3:20 03:20 LOS ANGELES, Feb 7 (Reuters) - This Sunday's Super Bowl at SoFi Stadium in Inglewood will bring in half a billion dollars for local business in the Los Angeles region, city officials said on Monday. There is also a substantial economic activity that occurs from businesses, organizations and vendors that spend money at the event or to activate sponsorship, advertising, hospitality and the production of the event. Economic estimates for the Super Bowl vary quite a bit and can range from $200 million to $800 million. COVID protocol and red-carpet events revealed for Feb. 13's Super Bowl 56 in 2022. Population: L.A. Countys 10 million vs. Cincys Hamilton County at 830,000. Community impact of Bengals Super Bowl run in Cincinnati It is a great time to be a fan, resident and business owner in Cincinnati. In 2022, the event generated roughly $9.6 million in economic impact, according to the league. In addition to hosting Super Bowl LVIII, Las Vegas is home to the upcoming 2022 NFL Pro Bowl presented by Verizon and the 2022 NFL Draft. However, the NFL and the Los Angeles Super [] SoFi stadium debuted in 2020 and is hosting a Super Bowl in 2022. With roughly 100 million viewers per year,1it dominates television broadcasts and brings thousands of visitors to regional hotels, restaurants, entertainment venues, and retail businesses.2. Councilmember Chavira talks to Programs Administrator Jean Moreno about the economic impact through sales tax, community development fees and the showcasing of local businesses as well as the large amount of media attention presenting a positive image of Glendale across the nation and the world. The NFLs lucrative TV deals have kept the leagues profitability staggeringly high to this This Sundays game will be played at SoFi Stadium in Inglewood, and the event is expected to move rivers of dollars. And, despite the ongoing impact of the pandemic, consumers felt more comfortable bringing back some game-day traditions. The latest consumer spending data from NRF and Prosper Insights & Analytics 2022 Super Bowl survey found that 184.5 million U.S. adults said they planned to tune into the big game. Controversy Arises Around Super Bowl 56 and Its Possible Covid Impact. Even if you take the highest of those numbers, that doesnt equal what Nashville thinks its going to get for these soccer games, Matheson said. The Arizona Super Bowl Host Committee plans to deliver a premier Super Bowl LVII experience and drive lasting social and economic impact across our local communities. One maple farmer calls it the "Maple Super Bowl", a weekend with a huge impact in WNY and beyond. Suh played last season on a one-year deal worth $9 million and is likely searching for similar compensation in 2022. The Super Bowl's return to the Los Angeles area after a nearly 30-year absence is providing a much-needed boost to small businesses hard hit by the pandemic. Global Times. The Kansas City Chiefs may have walked out of Hard Rock Stadium with the Lombardi Trophy in February, but many Miami businesses won Super Bowl LIV and two more big games are coming to Beyond the economic impact of hosting the Super Bowl, there's also a psychic benefit to the host city, which is harder to quantify. On a broader scale, L.A. County stands to gain as much as $477.5 million in economic benefits, the report said. Inglewood Mayor James Butts and L.A. Mayor Eric Garcetti highlighted the economic benefits of hosting the Super Bowl, saying it is expected to generate about $500 million for the L.A. region. The Arizona Super Bowl Host Committee has announced three new partners as we get closer to the February 2023 event in Glendale. Superbowl 56 is scheduled to take place on Sunday, February 13th, 2022 at the SoFi Stadium in Los Angeles, California. Super Bowl economic impact touches down at $571 million. When Los Angeles hosts Super Bowl LVI in 2022, organizers estimate there will be contracting opportunities available in more than 30 different industries. Super Bowl LVI coverage from USA TODAY. economic impact. Super Bowl's economic impact on Inglewood By In Focus Staff El Segundo PUBLISHED 5:06 PM PT Feb. 21, 2022 This year's Super Bowl put Inglewood in the international spotlight, as thousands of people filled the city's newest sports and entertainment complex SoFi Stadium to watch the Los Angeles Rams and Cincinnati Bengals play the championship. Putting on a Super Bowl aint cheap as Scottsdale taxpayers are finding out. In 2015, more than 120,000 people came out, generating more than $720 million. Rudd estimates that $135 million will be spent locally on the Super Bowl game day experience. Even so, ticket holders will be paying a hefty tab to come out West. 1st Quarter: The basics. With the Super Bowl rapidly approaching, some remain skeptical that the large gathering will be a super spreader event.