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The Super Bowl: Big Game, Big Bills - Online Term Paper

The Super Bowl: Big Game, Big Bills

The Super Bowl is an American icon that seems to define generations of fans, players, and coaches. However, the price of such a game seems to escalate year to year, making it difficult for each host city to “out-do” the previous host. For Super Bowl XLVIII, the projected cost peaks at a staggering $50 million due to the fact that it will be hosted close to New York City. Staging such a large-scale event requires a lot of money, but in order for this game to be in the vicinity of such a prominent city, the fundraising goal for the game had to be increased 25 percent, an unexpected increase. Although the budget is not yet written in stone, host site President, Mark Lamping seems optimistic ...

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sporting events are also known for bringing in revenue as well. However, skeptics worry that the New York area will not bring in the money expected because the northern site is now known for the game of football like Northern Texas for example, where the 2011Super Bowl was hosted. Although some may doubt the New York area’s ability to finance the $50 million, Mike Kelly, who led Super Bowl hosting committees in various locations, thinks that the game and its hosts raise the bar every year and because of the resources that New York has available financially, the NFL will not be disappointed when 2014 rolls around. Super Bowl XLVIII may actually exceed expectations of many and make the following Super Bowl hosting committees work harder to be bigger and better.
On the other hand, when it comes to Super Bowl spending, how much is too much? Will there one day be a point where the NFL puts a cap on the cost of its biggest game if the expenses keep climbing by the millions every ...

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The Super Bowl: Big Game, Big Bills. (2011, March 28). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Super-Bowl-Big-Game-Big-Bills/96989

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PAPER DETAILS

Added: 3/28/2011 07:01:06 PM
Submitted By: twill
Category: Economics
Type: Premium Paper
Words: 834
Pages: 4

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