According to an economic impact report published by the Miami Super Bowl host committee and seen by the South Florida Business Journal, that was more than double the amount generated for the region when Miami last hosted the National Football League’s (NFL) champion-crowning game in 2010.
Click here to read the story from sportspromedia.com.
Questions for Classroom Discussion:
- What is economic impact?
- How can a major event like the Super Bowl impact the economy for host cities?
- According to information from this story, what was the average income of visitors to Miami for the 2020 Super Bowl? Who might that information be valuable to?
- Who conducted this economic impact study? Why do you think they conducted the study?
- Do you think economic impact studies are always 100% factually accurate? Why or why not? Why might some economists debate these types of studies? Be prepared to discuss your answers.