Glendale mayor, experts say NFL oversells economic benefit of Super Bowl

by Ray Glier, AlJazeera

While The Arizona Super Bowl Host Committee has estimated this Sunday’s game will bring the state about $500 million, both economic research and the host city’s own mayor suggest that number will be quite a bit lower.

But the Super Bowl is a bonanza for some, particularly the National Football League and its owners. On Friday, the average price of a ticket for the game was $10,517.80, according to TiqIQ, which tracks trends in event ticket buying. That makes this Sunday’s Super Bowl between the Seattle Seahawks and New England Patriots the most expensive sporting event since 2010, according to the ticket vending website. The average ticket price for the 2014 game was $3,375.88.

According to a confidential November, 2013 hosting bid document obtained by Minneapolis newspaper The Star-Tribune in 2014, the NFL keeps 100 percent of ticket revenue from the game.  Read the entire story.

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