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| | #21 (permalink) | |
| CoolJunkie Join Date: Mar 2003 Location: Hollywood
Posts: 4,891
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Yes Daniel, its been forever.... come to cafeteria on saturday.. I'll be drrrrrrrrrr until about 2am or so.. then i'm heading to the shore club ![]() | |
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| | #24 (permalink) |
| MegaJunkie | Oh, when will people learn I am never wrong.. Here you go losers, I'll even source it for you. source Myth No. 2: Super Bowl hosts make super money Does the Super Bowl’s host city really roll in the dough? Bigwigs talk big about the revenue bump their cities enjoy by staging the Super Bowl. Fact of fiction? From politicians to chamber of commerce leaders, the boilerplate promises often include projections of hundreds of millions of dollars in hotel, restaurant and rental car spending along with retail and sales tax hikes. The South Florida Super Bowl XLI Host Committee – a private, not-for-profit group serving as the liaison between the NFL and local planning efforts – said the event “is expected to generate over $350 million in total economic impact for the region.” Meanwhile, the NFL says various studies and commissioned by local host committees and performed by local universities or research firms have found the Super Bowl’s economic impact is “usually in the $250-350 million range.” The actual number? “On the high side, there’s a $30 million impact. On the low side, it’s closer to zero,” said Andrew Zimbalist, an economics professor at Smith College in Northampton, Mass., and author of “The Bottom Line: Observations and Arguments on the Sports Business.” The exaggeration, Zimbalist said, is created by flawed reasoning in the studies — mainly the revenue estimates assume no tourists would be flocking to these warm-weather host cities if not for the Super Bowl. After Miami last hosted the game in 1999, a study by the national firm PFK Consulting found the city’s hotel occupancy rate that January was only 3.25 percent higher than the combined January average of 1998 and 2000 when the Super Bowl was played elsewhere. “Let’s say a city otherwise loaded with tourism in early February is hosting the Super Bowl. People coming down will replace golfers or water skiers or whatever the case might be. So there’s no noticeable net increase in tourism,” Zimbalist said. “There wouldn’t be any impact on revenue.” Answer: Fiction Kind of sucks, I'm always right, doesn't it!!! ha ha |
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