Super Bowl XLIX and $$$: 9 financial faces of the big game

Posted on 01-30-2015 by
Tags: Latest Headlines & Stories , trending news

Lightning round!

  • When is the Super Bowl?
  • Where is the Super Bowl being played?
  • Who is playing in the Super Bowl?

Chances are you probably knew the answers to most (if not all) of those questions. But thanks to CBS news here are 9 things you didn’t know about this year’s big game - Super Bowl XLIX:

  1. Tickets are the most expensive in years
    According to TiqIQ, the average price for the game is up to $4,676, up 23% from last year’s game. TiqIQ also says this this year’s Super Bowl will be the most expensive game in the last six years. The cheapest available ticket was selling Tuesday at $2,125.

2. Television viewers are spending , too
According to the National Retailers Federation annual Super Bowl spending survey, those who aren’t dropping big bucks to go to the game will spend around $78 this year. This is up from $68 last year. Viewers will likely spend around $14.3 billion.

3. A bunch of new advertisers
According to the Wall Street Journal, about 15 brands will advertise for the first time this year, including Carnival Corp., Loctite, Mophie and Wix.com. These companies are making expensive commitments as the cost this year to run a Super Bowl ad is running $4.5 million for 30 seconds.

4.  The host city expects to lose money on the game
Glendale lost more than $1 million when it hosted the Super Bowl in 2008 and Mayor Jerry Weiers told ESPN he believes the same will happen again this year. "I totally believe we will lose money on this.”

5. Boston: Educated and Wealthy
New England Patriot “turf” includes Boston, Cambridge and Newton, which is a well-educated area compared to rest of the U.S. Ninety-one percent of adults 25 and older are high school graduates, and about 45 percent have a bachelor's degree or higher. Because of this, Boston residents earn more than the rest of the country, with an income of $72,907 while the national median stands at $52,250.

6. Comcast is the real winner
The real winner of the game won’t be on the field, but the one televising the game- Comcast. A subsidiary of Comcast, Global Spectrum, is managing the University of Phoenix Stadium and Comcast also own NBC, who is network who is televising the game. According to the Inquirer, The Super Bowl is expected to generate around $350 million in ad sales for the network.

7. Seattle: A growing region
In 1976, When the Seahawks played its first season, Seattle only had about 530,000 residents. Now, the booming city is the 15th most populous in the country with a population of 3.6 million. According to the U.S. Census, about 92 percent of Seattle residents have graduated high school, and just under 40 percent have a bachelor's degree or higher.

 

8.  Deals for non-Super Bowl watchers
You could find some good deals at restaurants, spas and theme parks, places that aren’t showing the game. According to Time, Broadway shows that are normally sold out still have Feb. 1 tickets available, with some selling at a discount.

 9. Phoenix: In line with America
The Phoenix-Mesa-Scottsdale area of Arizona holds the 12th highest population in the country with a population of nearly 4.4 million in 2013.Of those 4.4 million, about 87 percent of residents graduated from high school and 30 percent have a bachelor's degree or higher.

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