The 2023 Super Bowl was a legacy win for MVP Patrick Mahomes and the Kansas City Chiefs – and, according to ASU’s L. William Seidman Institute, a massive economic win for the Valley.
Arizona Super Bowl Host Committee Board Chair David Rousseau announced Wednesday that the event generated $1.3 billion in economic activity in the region, up 40% from 2015, the last time Glendale’s State Farm Stadium hosted the event.
A “river” of economic benefits awaits the city, said Arizona Cardinals owner Michael Bidwill, who touted the benefits of a program to woo companies and its CEOs to the state from 2015, the last time Arizona hosted the Super Bowl. “We bring together decision-makers to educate them on Arizona’s value proposition as they consider competitive projects and opportunities that they are considering across the nation,” Watson said.
Question over events true impactA Glendale city assessment in the aftermath of the 2015 Super Bowl found that the city likely lost between $579,000 and $1.2 million for hosting the event, despite a W.P. Carey School of Business study indicating $720 million in economic impact for the Phoenix metro area. Glendale Mayor Jerry Weiers also claims over $1 million in losses after Super Bowl XLII in 2008.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top Fall 2023 / Winter 2024 Shoe Trends 2023 / 2024 » Fashion AllureLatest Fashion Trends, Shoes and Accessories, Celebrity Style
Read more »
Jahja Ling's storied music career includes a Super Bowl, supporting young musiciansAfter all of his amazing experiences as a pianist and later conductor, Ling said that it all comes back to his passion for working with youth.
Read more »
These are the most popular Halloween candies in the US – can you guess Indiana's?Emily Cline shares her fall roasted vegetable bowl recipe on 13Sunrise Oct. 8, 2023.
Read more »
The Latin Swing: From Music To Sports | Billboard Latin Music Week 2023Presented by Rimas Sports Athletes and artists on the connection between music and sports. Moderated by Rapetón founder El Guru.
Read more »
The Superstar Songwriter Panel Featuring Edgar Barrera And Keityn | Billboard Latin Music Week 2023Presented by Sony Music Publishing Songwriters-producers Edgar Barrera and Keityn, the forces behind some of Latin music’s biggest hits, talk about how they write and produce their chart-toppers an…
Read more »