Appearing live on the Huffington Post, Victor Matheson, associate professor of economics at the College of the Holy Cross,
question ed the NFL’s projection of the game’s $434 million analyzed the economic impact of Super Bowls from 1973-97 , Matheson ultimately concluded that the Super Bowl only contributes – at best – one-quarter of what the NFL promises the host city.
Matheson explained that part of the problem is that money that Super Bowl fanatics spend
in New Orleans on Super Bowl weekend won’t all go to the city’s local economy. “All this money is going back to corporate headquarters in New York City. So it’s being spent in New Orleans, but none of that is sticking in New Orleans,” Matheson reported .
This “Holy Cross in the News” item is by Sara Bovat ’14.
‘Boston student-athlete thrives after early turmoil’
Attacked by her knife-wielding father when still in the womb, Yonetta Harris, a member of the College of the Holy Cross class of 2018, has built a life that touches many. In...06/25/14
‘Sporting cold feet’
Canadian Broadcast Corporation News
With the FIFA World Cup at the center of attention around the world, Victor Matheson, professor of economics at the College of the Holy Cross, offers major Canadian news...06/20/14
‘Making it easier to fire teachers won’t get you better ones’
Los Angeles Times
In an article for the Los Angeles Times, Jack Schneider, assistant professor of education at the College of the Holy Cross, discusses the recent California Superior Court...