It’s no secret that economists and city officials love the Super Bowl. Sure, the game might be exciting, but they’re more in it for the economic benefit to the region, as the big game often generates hundreds of millions of dollars in economic activity, as fans and big companies pack flights, book hotel rooms and dine at local eateries.
When it comes to Los Angeles, economists at the economic research and consulting firm Micronomics in September published a report that estimated Super Bowl 56 at SoFi Stadium in Inglewood would produce between $234 million and $477 million in economic benefit. That includes tax dollars for the Los Angeles region ranging between $12 million and $22 million, and millions more for the state.