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  #52  
Old 04-20-2017, 05:15 PM
xubrew xubrew is offline
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Originally Posted by ud2 View Post
You get paid to host, correct?

Also, there is the economic boost for your school/city/region and the media exposure for your school/city/region.


This is very hard to believe:

So how much money does each of these cities tend to profit for hosting such notable games? The answer, according to a study done by the Department of Economics at the College of Holy Cross, is not much. In fact, cities that go all out trying to earn the accolade of being a host city could end up losing money.

“The economic impact for host cities for the year the event is hosted is on average small and negative for the NCAA Men’s Final Four…The sum of the evidence indicates that cities ought to exercise restraint in undertaking public spending to host the NCAA Final Four,” said Victor Matheson and Robert Baade, who worked on the study.


Read more at https://www.quickenloans.com/blog/ho...SyuVJAI8LqI.99
You do not get paid to host. It's funny that people think that.

I don't know what's so hard to believe about schools actually losing money. They typically do. You're lucky if you make back what you spend on it. You're talking about thousands of people, not hundreds of thousands. After the participating schools and the corporate sponsors get their share of the ticket allotment, there really isn't much left for whoever's hosting, and they have to give a cut to the NCAA of what is left. A school like UD would make more money, by far, off of a buy game than they would off of hosting an NCAA Tournament game. If for no other reason than the crowd is about the same, but at a buy game it's all yours. At an NCAA Tournament game almost none of it is.

They move in to your place, tell you what to do, make sure that everything you have is at their immediate disposal, and then take all of the money for themselves. That's pretty much what hosting entails.

Last edited by xubrew; 04-20-2017 at 05:19 PM..
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