Is Hosting The Super Bowl Worth It? : Planet Money An economist presents the case against hosting the Super Bowl. Bonus: today's show is co-hosted by NPR's Mike Pesca.

Is Hosting The Super Bowl Worth It?

Is Hosting The Super Bowl Worth It?

  • Download
  • <iframe src="" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Scott Halleran/Getty Images
INDIANAPOLIS, IN - FEBRUARY 01: An official Super Bowl XLVI sign is seen in front of the Soldiers&#039; and Sailors&#039; Monument prior to Super Bowl XLVI between the New York Giants and the New England Patriots on February 1, 2012 in Indianapolis, Indiana. (Photo by Scott Halleran/Getty Images)
Scott Halleran/Getty Images

This is what it's like to host the Super Bowl: For one weekend, your city is the focus of the sporting universe. Fans flock in droves. They eat at your restaurants and sleep in your hotels. They buy the "I ♥ [your city]" t-shirts.

The NFL estimates that hosting the country's premier sporting event will give the local economy a $300-500 million jolt.

Economist Victor Matheson of the College of Holy Cross doesn't buy it.

In today's podcast, co-hosted from Indianapolis by NPR's Mike Pesca, Matheson presents the case against hosting the Super Bowl.

He argues hosting the Super Bowl pushes out the economic activities that occur on normal, non-Super Bowl hosting weekends. No conventions are held. Museums are closed. Local residents do not come downtown simply because it's too crowded.

What's more, Matheson says, the majority of the money that's shelled out by out-of-towners does not even stay in the city. It flows to the big, national hotel companies and restaurant chains.

"More money than average is being spent in hotels and restaurants, but is then immediately leaving have lots of dollars changing hands but it's really money being sucked out of people's hands and disappearing, rather than money that goes to build the local economy or repay a big stadium subsidy."

Subscribe to the podcast. Music: Johnny Pearson's "Heavy Action" and Faith Hill's "Waiting For Sunday Night." Find us: Twitter/ Facebook/ Spotify.