Super Bowl Could Come With Super Price Tag
By Alexandra Hill, WBGO News
December 2, 2013
The upcoming Super bowl could come with a super price tag.
Accroding to the Newark Star-Ledger, Organizers are planning to raise nearly $70 million to cover the costs associated with the production of the event, making it the most expensive super bowl ever. The New York/New Jersey region has been gearing up for the big game since 2010 that’s expected to bring hundreds of thousands of sports fans to the area. Rutgers economist Jeffrey Robinson says the economic benefits will far outweigh the cost.
“This is a major event for the region and so the estimates that I’ve heard have been around $550 million would be spent in the area in those days leading up to the super bowl and the couple of days afterward.”
Robinson says communities in and around the stadium might have to pick up some expenses associated with clean-up and traffic congestion but says the economic benefits should help cover the cost.