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Study: Super Bowl 50 Brought $240 Million Boost To Bay Area Economy
Study: Super Bowl 50 Brought $240 Million Boost To Bay Area Economy
Study: Super Bowl 50 Brought $240 Million Boost To Bay Area Economy
To accurately determine the financial impact associated with Super Bowl 50, Rishe and
his team of analysts tallied the spending by non-local game-day attendees; by out-oftowners who visited the Bay Area to participate in Super Bowl 50 events but did not
attend the game itself; by non-local event participants including media, sponsors,
vendors and NFL staff; and spending by event organizers on logistics and operations
originating from non-local sources.
Analysts did not count any spending toward the total spending that would eventually
leave the Bay Area, such as money brought in by non-locally owned rental car
companies. Analysts also largely excluded spending by Bay Area residents during
Super Bowl week, with the assumption that local would have spent their money
elsewhere in the region regardless of the presence of the Big Game.
After determining gross spending stimulated by Super Bowl 50, analysts also
considered spending potentially displaced by the Big Game such as locals that went
out of town to avoid the activity, tourists that decided against a Bay Area trip that would
have coincided with Super Bowl 50, or corporate travelers that may have otherwise
flown into the Bay Area had it not been for the game. This lost spending was subtracted
from the estimated economic impact.
Analysts also accounted for costs incurred by the host region, subtracting the
city/county dollars spent on things like additional transportation and ramped-up public
safety to accommodate Super Bowl 50 celebrations from the economic impact.
This is important it shows the financial impact was a net positive impact, Bruce said.
The money a city like San Francisco, for example, spent on increased services came
back several times over and benefitted the city enormously.
More than 57% of revenues benefitted San Francisco; 12.3% went to San Jose; 7.2%
went to Santa Clara; 7.1% went to areas near San Francisco International Airport; 3.7%
went to Oakland; and 12.6% benefited various other parts of the Bay Area.
A report issued by the San Francisco Controllers Office earlier this year found that
minority-owned, women-owned, LGBT-owned, and disabled veteran-owned businesses
brought in $6.6 million from direct contracts with the Host Committee and NFL.
Additionally, $13 million was contributed to Bay Area youth-serving nonprofits mostly
through the Host Committees philanthropic arm, the 50 Fund making Super Bowl 50
the most giving Super Bowl ever.
At the end of the day, Super Bowl 50 brought millions of dollars to community-serving
nonprofits, tens of millions of dollars to city coffers, and hundreds of millions of dollars to
the regional economy, said Bruce. Super Bowl 50 was a touchdown for the entire Bay
Area, its small businesses and workers, and, especially, its young people.
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