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Economic Impact of the All Star Game in New Orleans

Posted on 6/11/14 at 2:52 pm
Posted by TigerinATL
Member since Feb 2005
61511 posts
Posted on 6/11/14 at 2:52 pm
quote:

After projecting 2014 NBA All-Star to generate $89.6 million, a recent study by the University of New Orleans’ Hospitality Research Center found that the economic impact proved to be $106.1 million. A total of $60.4 million came in direct spending, with another $45.7 million in secondary spending.

Visitors spent an average of $904 during their mid-February trip to New Orleans, according to UNO’s study. As a result of such a large influx of out-of-town attendees at the event, roughly $4.9 million in tax revenue was generated for the state of Louisiana, with $3.2 million in tax revenue going to governments in the New Orleans area.

LINK
Posted by VermilionTiger
Member since Dec 2012
37586 posts
Posted on 6/11/14 at 2:58 pm to
Superbowl
BCS National Championship
Sugar Bowls (three of them)
NCAA Mens final four
NCAA Womans final four
SEC Mens basketball tournament
Wrestlemania

In the past 3 years, New Orleans has absolutely KILLED it in the tourism department with these big sports events.
Posted by SLafourche07
Member since Feb 2008
9928 posts
Posted on 6/11/14 at 2:58 pm to
But how much in tax incentives did Jindal give TNT to film it in Louisiana?
Posted by mm2316
New Orleans Pelicans Fan
Member since Aug 2010
6942 posts
Posted on 6/11/14 at 2:58 pm to
Nice. Here's to hoping it comes back in 2018.
Posted by JabarkusRussell
Member since Jul 2009
15825 posts
Posted on 6/11/14 at 3:55 pm to
While I like going to the game, they need to spread the venues out. Going to LA, Houston, and Nola twice in 10 years was too much. Memphis, Charlotte, OKC, etc. are a nice change of pace. Toronto should be exciting as they never hosted.
Posted by NOSHAU
Member since Feb 2012
11909 posts
Posted on 6/11/14 at 4:05 pm to
quote:

While I like going to the game, they need to spread the venues out. Going to LA, Houston, and Nola twice in 10 years was too much. Memphis, Charlotte, OKC, etc. are a nice change of pace. Toronto should be exciting as they never hosted.
Unless you are attending, why should it matter?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35341 posts
Posted on 6/11/14 at 4:42 pm to
quote:

But how much in tax incentives did Jindal give TNT to film it in Louisiana?



Paging IB Freeman
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35341 posts
Posted on 6/11/14 at 4:43 pm to
quote:

While I like going to the game, they need to spread the venues out. Going to LA, Houston, and Nola twice in 10 years was too much. Memphis, Charlotte, OKC, etc. are a nice change of pace. Toronto should be exciting as they never hosted.



It should be in NOLA as often as possible.
Posted by Diddles
LA
Member since Apr 2013
6981 posts
Posted on 6/11/14 at 4:53 pm to
And the city still can't repair the roads, and street lights.
Posted by Sheep
Neither here nor there
Member since Jun 2007
19498 posts
Posted on 6/11/14 at 5:46 pm to
quote:

Memphis, Charlotte, OKC


I take it you've never visited Memphis or OKC.
Posted by Thurber
NWLA
Member since Aug 2013
15402 posts
Posted on 6/11/14 at 6:31 pm to
That's awesome.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 6/11/14 at 8:52 pm to
Proving how corrupt the city is.

There is so much money in the coffers yet consent decrees are to be paid for with taxes not voted on.

Posted by VOR
Member since Apr 2009
63538 posts
Posted on 6/11/14 at 10:22 pm to
quote:

Memphis, Charlotte, OKC,


Trolling, no?

quote:

Toronto


Now that's a great city.
Posted by VOR
Member since Apr 2009
63538 posts
Posted on 6/11/14 at 10:25 pm to
quote:

And the city still can't repair the roads, and street lights


Jesus Christ, there's so much repair work going on right now (and has been for the last couple of years) wouldn't be able to move if there was more. Plus, there were tons of visible, tangible upgrades for the last Super Bowl.



Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35341 posts
Posted on 6/11/14 at 10:33 pm to
quote:

Jesus Christ, there's so much repair work going on right now (and has been for the last couple of years) wouldn't be able to move if there was more. Plus, there were tons of visible, tangible upgrades for the last Super Bowl.



This.

I'm working downtown this summer and it is bitch driving around right now with all the road work.
Posted by Diddles
LA
Member since Apr 2013
6981 posts
Posted on 6/11/14 at 10:59 pm to
Most of that is funded by the federal government flood project. Mitch even said a couple of weeks ago that they couldn't afford lights for the avenue.
Posted by VOR
Member since Apr 2009
63538 posts
Posted on 6/12/14 at 7:40 am to
Most people who are set in their ways will never be convinced, but the real issue these days is not corruption. Most of it on any large scale has been dealt with. The reality is that we have an inadequate tax base and tax structure in a city that requires a lot infrastructure maintenance and repair and the providing services to a significant percentage who can't/don't pay taxes (although, thankfully, this situation is slowly beginning to change in the last few years). Then, there is the consent decree clusterfrick, which as a practical matter, is inherited from previous generations, and, likewise, the firefighters' pension fund issue.
Posted by Galactic Inquisitor
An Incredibly Distant Star
Member since Dec 2013
15189 posts
Posted on 6/12/14 at 8:02 am to
quote:

the real issue these days is not corruption


Let's be real here, VOR. The last mayor of the city has been convicted of serious federal crimes. The cops are still lying about crime statistics to keep dollars coming. There may be other issues, but let's give it 10 years without a major federal investigation before we say the corruption is over.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35341 posts
Posted on 6/12/14 at 9:27 am to
quote:

but the real issue these days is not corruption. Most of it on any large scale has been dealt with.


How do you know this? You work for Mitch?
Posted by quail man
New York, NY
Member since May 2010
40926 posts
Posted on 6/12/14 at 9:51 am to
He never said it's over.
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