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Forenjunkie
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Frigid Super Bowl LII brought $370 million in net new spending to the "Bold North" Twin Cities area Harrison Phillips Jersey Bills , according to a report released Tuesday by Gov. Mark Dayton's office and the local host committee.
The final tally by Rockport Analytics came in $50 million over the consulting company's pre-Super Bowl projections. It also said the 10 days leading up to the Feb. 4 game at U.S. Bank Stadium in Minneapolis brought in $32 million in new tax revenue for state and local government.
"We hosted well," said Maureen Bausch, CEO of the host committee.
The report put gross local spending by visitors, companies hosting events, and the media and operations teams at more than $450. Subtracting $80 million for tourism displaced by the event resulted in net spending of $370 million that would not have happened but for the Super Bowl, it said. The figures don't include game tickets. Adding in the economic ripple effect brought the total incremental contribution to the metro area's gross domestic product to $400 million, it said.
That spending "resounded through the local economy," said Ken McGill, managing director of West Chester Dante Pettis Youth Jersey , Pennsylvania-based Rockport.
Sports economists tend to be skeptical of revenue claims from massive sporting events, saying that events may be fun for the community but any monetary windfall to a region is illusory.
"The Super Bowl is definitely positive, but nowhere near the $450 million positive in terms of dollars in local people's pockets," College of the Holy Cross professor Victor Matheson said. For examples, he said, hotel revenue goes mostly to out-of-state chains, and money from sales of jerseys mostly goes to the NFL and manufacturers.
Despite subzero cold and heavy snow, the event drew some 125,000 tourists Youth Markus Wheaton Jersey , which Rockport defined as ticketed and non-ticketed visitors who came from at least 50 miles away or spent a night in hotel. The report said 83 percent of first-time visitors said they would return. The Meet Minnesota convention and visitors bureau said meeting and convention leads are up 30 percent since the game was announced. Leads were up 10 percent year-over-year in the first four months of 2018 alone.
The report found that the average Super Bowl visitor spent $608 per day during an average stay of 3.9 days, compared with a typical tourist who spends about $124 a day. The Super Bowl generated more than 266,000 hotel nights with an average daily room rate of $249, the report said. Thirteen percent of visitors used peer-to-peer rentals such as Airbnb.
More than 1 million visits were made by locals and travelers alike to Super Bowl Live, the free fan festival held over the 10 days leading up to the game.
U.S. Bank Stadium will be in the national spotlight again next April when it hosts the NCAA men's basketball Final Four. Rockport predicts the tournament will bring $124 million in net spending to the region and $23 million in tax revenue.
The Jacksonville Jaguars will open free agency by adding two offensive pieces and re-signing another.
The Jaguars are poised to sign All-Pro guard Andrew Norwell and speedy receiver Donte Moncrief in free agency Thursday, according to two people familiar with negotiations. The people spoke to The Associated Press on the condition of anonymity Tuesday because NFL teams are prohibited from announcing signings until free agency officially begins Wednesday afternoon.
Norwell is expected to sign a five-year, $66.5 million contract that includes $30 million guaranteed, one of the people said. That would make him one of the highest-paid offensive linemen in the league.
Another person with knowledge of contract talks with receiver Marqise Lee says the team has agreed to terms with Lee on a four-year deal worth $38 million. It includes $18 million guaranteed.
Lee and Moncrief will be counted on to try to fill the void left by losing former Pro Bowl receiver Allen Robinson, who is headed to Chicago. Lee led the Jaguars in receiving in 2017 Giants Lorenzo Carter Jersey , catching 56 balls for 702 yards and three touchdowns. Moncrief had 26 receptions for 391 yards and two scores with Indianapolis.
Moncrief has the speed to loosen up eight- and nine-man defensive fronts.
The Jaguars made the ground game a priority when coach Doug Marrone and top executive Tom Coughlin took over in January 2017. They selected bruising running back Leonard Fournette and left tackle Cam Robinson in the first two rounds of the NFL draft last year and dedicated the offseason to becoming a more physical team up front. They also made Brandon Linder one of the NFL's highest-paid centers.
Norwell is expected to slide into Jacksonville's offensive line at left guard, between Robinson and Linder. The Jaguars have used five different starters at the position the last two seasons.
Although Jacksonville led the NFL in rushing in 2017, the running game stalled late in the season and barely was a factor in the playoffs. The Jaguars averaged 141.4 yards a game last season, but they topped 100 yards just twice in the final six games.
Norwell should help make Jacksonville's line, especially the left side, one of the best in the AFC.
He was the No. 1 offensive lineman available in free agency, a first-team All-Pro selection who didn't allow a sack or a quarterback hit in 2017, according to Pro Football Focus. He started 45 of 48 games over the past three seasons and helped the Panthers finished fourth, 10th http://www.buccaneersauthorizedshops.com/authentic...ppa-jer sey , and second, respectively, in rushing.
Moncrief and Lee have shown big-play ability despite a slew of injuries.
But neither looks like the go-to guy Robinson was expected to be. The Jags likely will end up relying on those two along with promising youngsters Dede Westbrook, Keelan Cole and Rashad Greene in 2018.
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