What did Super Bowl XLVIII cost? (How do you write 100 million in Roman numerals…)
EAST RUTHERFORD — The books still have yet to close on last year’s Super Bowl in New Jersey, but the latest accounting confirms it wasn’t a cheap date.
An examination of new financial filings shows the New York/New Jersey Super Bowl Host Committee—which was responsible for organizing the NFL championship game at MetLife Stadium—took in and spent just over $81 million—more than twice the amount being raised in Arizona for Super Bowl XLIX next Sunday.
Separately, state and other agencies spent at least $36.9 million in public funds to help move fans, prepare for possible snow removal, and provide layers of security—costs that were not reimbursed by the committee or the NFL.
At well over $100 million, it was the most expensive Super Bowl ever played, the National Football League has acknowledged.
The Arizona Super Bowl Host Committee says it expects to raise $30 million, said spokeswoman Kathleen Mascarenas. The game will be played at the University of Phoenix Stadium in Glendale.
https://www.nj.com/news/index.ssf/2015/01/what_did_super_bowl_xlviii_cost_how_do_you_write_1.html
Probably not worth the cost just like the olympics no one seems to recoup the money spent and the taxpayer gets screwed again.
Although I am a big proponent of the free market, I’ve thought for a long time that these major sporting event deals end up screwing the taxpayer. Calculating ROI for these events is all but impossible.
How much did it cost the Village of Ridgewood?