Liam Motey
CST 100
February 23, 2023
Informative Speech Outline
The Financial Impact of Washington DC hosting the NFL Super Bowl.
Good Evening everyone, good to see you all.
Before we begin, how many of you watched the superbowl for the football and not just for the commercials and how many people, show by hands think the traffic in DC has gotten worse
Tonight, I will speak to you about Washington DC hosting the Superbowl and its financial impacts on the city and its residents.
I will speak to from the lens of a sports fan who has visited most cities that have hosted the Super Bowl
It's no secret millions of people visit DC every year
It's also no secret that DC locals can tell who is a tourist and who is not. From how people drive.
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When NBC, ABC, CBS and all national media along with social media influencers descend on a city to report, cover and even tweet about the Super Bowl, attention and spotlight is brought to that city. The weeks leading up to the SuperBowl is filled with lots of hype and cheer that remains months and sometimes years after the event.
The clout even extends globally in some cases as hashtags and pictures are distributed and shared globally throughout social media apps like Facebook and Instagram
Influx of People leads to direct and indirect Jobs.
According to Amir Somoggi the economic impact of the Super Bowl event is huge, with amounts exceeding $600 million in direct and indirect revenues. These huge figures create jobs for people in the days leading up to the event and after. Example, more Uber drivers are driving visitors around.
The Super Bowl also exposes a city’s lack of certain infrastructure like a bigger airport, more hotels and that leads to developers building these types of infrastructure leading to direct jobs in construction as an example.
Population Growth expands the tax base and results in more tax
Proper management of ticket scalping situations is vital to any and all teams and/or organizations. Someone working in the sports field to reduce risks should be aware of the regulations of ticket scalping in each and every state. Teams especially need to be on the lookout for people illegally scalping their tickets, as the Patriots did (a RARE circumstance where they can be commended for doing something right). If someone is making money off tickets, that’s money that should be going to the sport teams. Without maximizing profits, an organization in this economy could swiftly
My first topic/ issue is with the NFL and their team owners; the basic idea of this issue is how the NFL swindles the state and the taxpayers to buy them new things while on the other side the tax payers get bent over. In this article from “the Atlantic” it says how the Seahawks built a new stadium and the cost 560 million, 390 million which was tax payers money. They only pay 1 million for rent while the rest is just a profit to the team and the owners, the tax payers are paying a lot of money to build a new stadium while a lot of it is just going back into a billionaires pocket (Paul Allen). I don 't like it, I think paying guys millions to play football and act like idiots most of the time is ridiculous. Most of these guys are very uneducated
In the article titled, “Arrogance, Deceit, Oversaturation At Root of NFL’s Ratings Decline”, CBS Boston writer Michael Hurley provides a long list of reasons as to why he believes the usually strong viewership and high ratings of the NFL on TV have gone down dramatically this year. Hurley touches upon a myriad of varying potential causes for the decline of the NFL’s ratings in order to provide his audience, likely sports fans, with an idea as to what exactly is going on to create such a problem. Although Hurley notifies the audience of various factors that may be causing the ratings to go down, his argument lacks depth and credibility due to an evident lack of ethos. Furthermore, Hurley seems to undermine the problem’s complex nature by hastily
The article “Taxpayers Have Spent A 'Staggering' Amount of Money On NFL Stadiums” by Travis Waldron draws attention to two main points. First that American Taxpayers spent an estimated seven billion dollars to help construct twenty- nine of the thirty- one NFL stadiums in our country. This placed the risk of bankruptcy on the taxpayers rather than on the league whose annual revenue is more than ten billion dollars. Second, cities in America love their football teams and will spend very large amounts of money to keep their hometown franchises in place. The author finishes the article by saying, “That $7 billion figure will only continue to grow long after the NFL season begins Thursday night” (Waldron).
A few out-of-towners contribute by patronizing local hotels and restaurants” (Denver Post). During a typical football season there are only 10 games a season. Those games typically draw about 750,000 people. In my opinion I do believe that the Broncos have some kind of power over
For many years now, the National Football League’s economic status has remained a main focal point within the economic community. The National Football League is the highest level of professional football in the United States and one of the most prominent organizations amid worldwide professional sports. Many people within the business community argue as to whether or not the National Football League is truly a powerful modern day monopoly or cartel. “How They Gained Monopoly Power” written by Brent Tuchner and Andrew Goldberg address the argument of both parties.
Not only is the National Football League (NFL) the most popular sports league in America, it also draws in the highest revenue of any sporting league in the United States. Los Angeles holds the second largest GDP of any city in the United States, and the NFL runs on a model of revenue sharing among its owners and franchises. Therefore, the lack of an NFL franchise in the city of Los Angeles is certainly a glaring omission, as the opportunity to host an NFL team in Los Angeles would benefit the entire league economically. That being said, the San Diego Chargers and the Oakland Raiders present viable alternatives to the St. Louis Rams in placing an NFL team in Los Angeles. The lack of an NFL franchise in one of the America’s greatest cities is
That means that the main reason the NFL makes money is because they have so many fans viewing their product. Buyer power also affects the individual teams of the NFL. The consumer affects game day sales and profits, and the main reason why NFL teams move from city to city is because of lack of fan interest. Without fans, the NFL couldn’t survive;
On March 28, 1984, the history of Indianapolis changed forever, something many millennials will never come to know. At the crack of dawn, about a dozen Mayflower moving vans left the city of Baltimore. Having packed all night long in preparation to leave before the sun came up, the Baltimore Colts had made what seemed to be an abrupt decision to pack up their team and move to Indianapolis. This event in Colts’ history has had a lasting impact not only on the city of Indianapolis, but also on the city of Baltimore. From the economic aspects to the pleasure of fans, the Indianapolis Colts have made a dramatic transformation to the city of Indianapolis in a multitude of ways.
Why the Super Bowl Should Come to Kansas City “Every game I've ever played, regardless if it was pre-season or Super Bowl, meant the same to me, and I laid it all on the line.” Brett Favre. People love the Super Bowl because it’s the biggest game of the year for what some people call the most competitive sport. Having it in Kansas City would boost the city’s revenue and perhaps more people would come and visit again. The three reasons the Super Bowl should come to Kansas City are, the city has great transportation, hospitality, and food, it’s in the middle of the country so no one will have to travel cross country, and that the Super Bowl has never been to Kansas City, and where else is there to host it that’s as great a place as Kansas City?
Along with these renovations, the construction of a “Titletown district” surrounding Lambeau, will add shops, restaurants, team stores, and a tailgating spot for fans and tourists. The district is supposed to boost gameday profits and provide a fun atmosphere for fans. This will significantly add to the ultimate gameday experience. However, this is still only one of the numerous renovations that Lambeau is undergoing to improve the fan's experience and the quality of the stadium
The Olympics almost always cause negative economic effects for cities. Although cities expect to earn revenue through the Olympics, not many cities generate a substantial amount of revenue. Los Angeles, the host city of the 1984 Olympics, is a rare example of a city profiting from the Olympics: “Los Angeles actually profited by $100 million from the 1984 Summer Olympics mostly by using existing stadiums” (Perryman 17). That city did generate money, but cities
Have you ever watched the Super Bowl on TV and see that there are so many people filling the seats at the stadium? Well, let me just tell you that for the record, the game was not a very packed area because it did not oversell. The officials were expecting more than 94,000. The actual game had about
Another impact from football are the teams. NFL football teams bring in millions of fans, who bring millions of dollars in revenue to the cities. The NFL teams alone can make the city’s economy flourish. The NFL teams also offer millions of jobs to the people, from referees to maintenance workers (Easterbrook 256) Football also offers many scholarships and programs that helps many people go to colleges of their choice.
The sun illuminates countless all-American names, with the occasional Coke or Papa John’s sponsor signs. The play clock ticks down to zero, and the stadium is finally filled to maximum capacity. Kickoff commences, players scramble across the field, and suddenly the only problems in the world hinge on if the Nike plastered football is past the downs marker. There are the elite suites high above the stadium cloaked in shade, but the majority are cramped and blisteringly hot. We are all united as one, cheering our team to victory, and thriving on the culture that is modern day sports.