re: How much do the Saints cost the State of Louisiana

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*The overwhelming majority (97.7%) of visitors came to the metro area with the primary purpose of attending Super Bowl XLVII events. 70.2% of the responded reported having plans to attend the game.

*Super Bowl XLVII produced a total of $480 million in net economic impact for the New Orleans metro area economy. This total economic impact consists of $262.8 million of direct spending and $217.2 million of secondary spending. The net economic impact for Super Bowl takes into account the displaced economic benefits of potential convention and visitor spending that occur in the absence of a Super Bowl.

*Super Bowl XLVII was responsible for the creation and support of 5,672 full- and part-time jobs in the New Orleans area economy. These jobs created a total of $154.0 million in additional earnings for residents of the New Orleans area.

*Super Bowl XLVII generated nearly $21.0 million of state tax revenue, including sales, hotel, gambling, and income tax. These state tax collections included $13.1 million in direct state taxes paid from visitor spending within the local economy plus $7.9 million of indirect tax revenues resulting from the earnings attributable to organizational, media and visitor spending.

*In addition to state taxes, local governments in the greater New Orleans area received over $13.9 million in tax revenue attributable to the 2013 Super Bowl. This figure is comprised of $10.4 million in direct local taxes and another $3.5 million of indirect local tax revenues.

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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.

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While the NBA would not say how much of an impact the All-Star Game has due to a policy of not disclosing financial information, looking at the entire event, accounting for hotels, restaurants, tourism transportation, and general spending, Charlotte is estimated to lose$100 million according to the Charlotte Regional Visitors Authority.

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