Heavy rain moving across parts of Minnesota

MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all. 

Turn Up Your Support

Gov. Mark Dayton said yesterday that the 2018 Super Bowl could have a $500 million economic impact on the state if the NFL picks the new Vikings stadium to host the game.

But as the Twin Cities learned with the Republican National Convention in 2008, that financial impact can be hard to find on the ground. Experts claimed the convention had a 

  six years ago. But the gathering brought downtown St. Paul to a virtual standstill and 

Experts say potential hosts should be skeptical about the Super Bowl, as well. The New York Times 

, with a word of caution from New Jersey businesses, today

Victor Matheson is a professor at the College of the Holy Cross in Worcester, Mass. and estimates that the real impact of the Big Game is at best far short of the claims, made as recently as 

. Rockport Analytics pegged the number there at $324 million.

"Economists not associated with the NFL do find a bump," Matheson says. "Unfortunately, the bump is somewhere between $30 million and $120 million -- not money that Minneapolis should turn down, but also a fraction of the numbers being tossed around by the NFL."

"There's at least three things that we think there are big issues that are counted poorly," Matheson says. "We actually do think the NFL does a pretty good job of counting everything up, and counting the economic activity that does occur because of the Super Bowl. We just don't do a very good job of counting the things that don't occur."

Sports generally crowds out and substitutes out for other things that go on in your economy, Matheson says.

Matheson says you can look to the Republican National Convention as an example: "You did have a lot of economic activity, with all those delegates in downtown St. Paul. But they crowded out all other economic activity. No one in their right mind came anywhere close to St. Paul during the Republican National Convention, because there was too much security, too many protests. Too many other things going on. If you were any kind of business that didn't cater to out-of-towners, that was a terrible week for you."

Here's Matheson's 2009 analysis of Super Bowl economics: 

Tim Nelson

Author

Gov. Mark Dayton says the 2018 Super Bowl could have a $500 million economic impact on the state. But as the Twin Cities learned with the Republican National Convention in 2008, that can be hard to find on the ground.

Three reasons a Super Bowl might not be worth as much as you think

Go Deeper.

Like this?