What Does The Super Bowl Effect?
Abstract What are the Super bowl Effects? The NFL (National Football League) makes millions of dollars every year from regular season games and playoffs leading up to the Super Bowl. The profit during Super Bowl weekend can be anywhere between 11.5 billion dollars to 14.7 billion dollars. Including ticket sales, merchandise apparel, advertisement on radio broadcasting and TVs …etc. Nearly all profit is shared equally between the teams and licensing deals. Such monies contribute for the paying of player’s extreme contracts, gear, facilities…the list goes on and on. Being the most profitable organizations, the NFL remains at the top for years to come. One of the reasons
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The ticket price average by brokers was $10,352, an increase cost that tripled over the prior year’s prices. It has been reported that seats on the 50 yard line were a staggering $28,888. Also in Super Bowl XLIX, NBC set the sales rate for a 30-second advertisement at $4.5 million, a price $500,000 above the record set by two preceding Super Bowls. NBC also offered 15-second ad spots for auto industries to reduce their advertising time during the game to be replaced by a wave of fifteen first-time Super Bowl advertisers, including Skittles, Morphine and Carnival Cruise Lines. The Super Bowl is the most watched television program event of the year in 2012 the game recorded and posted 12 million live viewers and making a direct impact on the hosting city revenues especially in sport bars and restaurants shopping malls. However there is a bad side to it and that it’s also one of the biggest sports gambling affair of the year. According to the American Gaming Association, which signifies the country’s casino industry, predicts that there will possibly be $100 million worth of legal action around this year’s Super Bowl. That’s a microscopic fraction of the $3.8 billion in illegal bets expected to be placed on the weekend of the Super Bowl a big reason for that is the recent surge in popularity for large amount of bets things like the coin flip outcome or length of the National Anthem which one exec has argued are now even bigger than the game. (
The ticket price average by brokers was $10,352, an increase cost that tripled over the prior year’s prices. It has been reported that seats on the 50 yard line were a staggering $28,888. Also in Super Bowl XLIX, NBC set the sales rate for a 30-second advertisement at $4.5 million, a price $500,000 above the record set by two preceding Super Bowls. NBC also offered 15-second ad spots for auto industries to reduce their advertising time during the game to be replaced by a wave of fifteen first-time Super Bowl advertisers, including Skittles, Morphine and Carnival Cruise Lines. The Super Bowl is the most watched television program event of the year in 2012 the game recorded and posted 12 million live viewers and making a direct impact on the hosting city revenues especially in sport bars and restaurants shopping malls. However there is a bad side to it and that it’s also one of the biggest sports gambling affair of the year. According to the American Gaming Association, which signifies the country’s casino industry, predicts that there will possibly be $100 million worth of legal action around this year’s Super Bowl. That’s a microscopic fraction of the $3.8 billion in illegal bets expected to be placed on the weekend of the Super Bowl a big reason for that is the recent surge in popularity for large amount of bets things like the coin flip outcome or length of the National Anthem which one exec has argued are now even bigger than the game. (