Memo2 Subject: Economic advantages and disadvantages of hosting a Super Bowl

As we delve into the economic implications of hosting a Super Bowl event, it becomes evident that the impact
estimates vary widely sparking controversy and debate among stakeholders. This memorandum synthesizes diverse
perspectives on the economic impact of hosting a Super Bowl shedding light on the complexities surrounding this
issue.

Controversial Nature of Economic Impact:

Fluctuating Impact Estimates: The economic impact of hosting a Super Bowl is subject to wide fluctuations in
estimates, leading to uncertainty in resource allocation decisions by host cities and counties. Projections provided
by the NFL and consulting firms tend to be optimistic, potentially influenced by bid fee considerations and the
desire to enhance city prestige (NFL Reports).

Bias in Reporting: The NFL, inclined to portray significant economic benefits may exaggerate impact estimates to
attract potential host cities thereby driving up bid fees. Similarly, local politicians and civic leaders may commission
studies favoring liberal economic impact estimates to bolster their reputations and garner public support.

Academic Perspective: Contrary to optimistic projections, academic studies often assert that economic impact
estimates are overstated. These studies highlight limitations in accounting for visitor point of origin, monetary
leakages, and displacement, factors that may substantially diminish the net economic impact of hosting the event
(Academic Studies).

Expert Commentary: Dr. Patrick Rishe, Director of Sportsimpacts, a national sports consulting firm, provides
insightful commentary on the economic impact of hosting sporting events. According to Dr. Rishe, Super Bowls
confer net economic benefits through increased visitor spending, media exposure and cost savings associated with
tourism promotion. However, he cautions against relying solely on inflated impact estimates, emphasizing the
importance of critically evaluating the methodology and assumptions underlying economic impact studies.

Government Data Perspective: The Bureau of Labor Statistics (2014) provides valuable insights into unemployment
statistics, which play a crucial role in understanding the broader economic context within which Super Bowl events
are hosted. By considering labor market dynamics, policymakers and stakeholders can better assess the potential
economic impacts of hosting such events.

In navigating the discourse surrounding the economic impact of hosting a Super Bowl, it is essential to recognize
the nuanced perspectives and potential biases shaping impact assessments. While the event undoubtedly confers
economic benefits, careful scrutiny of impact studies is necessary to form informed judgments and allocate
resources effectively.

Thank you.