Why media fall for sports industry's bogus economic claims
Are mega events in the Twin Cities worth it?
Neil deMause, Fairness & Accuracy in Reporting (FAIR)
Submitted by Evergreene Digest Contributing Editor Lydia Howell
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Jan 28, 2015 | With Super Bowl Sunday approaching, expect plenty of media reports on the projected economic windfall for host city Glendale, Arizona. Last year, when the NFL announced that its big game would provide a $600 million boost to the New York/New Jersey economy, that figure promptly became a fixture in news coverage of the event (CNN, 1/24/14; Newsday, 1/22/14; FoxNews.com, 5/21/14).
In one typical article, the New York Daily News (1/20/14) reported that city business owners were scurrying to grab a piece of the Super Bowl pie, quoting a local limo-service owner: “Nothing comes close to this. Everyone in New York City that has to do with transportation, bars, hotels — all will be making money.”
Neil deMause is a contributing writer for FAIR, and runs the stadium news website Field of Schemes.
Full story …
Are mega events in the Twin Cities worth it?, Compiled by David Culver, Ed., Evergreene Digest
- Economists — at least those not associated with host committees — find that economic impact studies overestimate the benefits of events like the All-Star Game or the Super Bowl.
- Part 1: 2014 All-Star Game was a hit, but not up to the hype
- Part 2: Minneapolis' final bid for Final Four goes 'flawlessly'
- Are mega events in the Twin Cities worth it?