Inglewood could capture as much as $23 million of the benefits.
This weekend, Terry Dulan expects he’ll be slinging Southern food as fast as he can as the crowds descend for the College Football Playoff National Championship.
The eatery specializes in a variety of Southern dishes, ranging from fried chicken, black-eyed peas and macaroni and cheese, to cornbread dressing, collard greens and candied yams. He and Los Angeles County could score the equivalent of an economic touchdown thanks to the game between TCU and Georgia. One study expects it will generate $155 million to $225 million in economic benefits for the county., a Long Beach research and consulting firm, also predicts the game will produce $7 million to $10 million in tax revenue for the region and create up to 1,900 new jobs.
Inglewood, which captured 10% to 11% of the county’s economic benefits from last year’s Super Bowl LVI at SoFi, will likely snag the same share for Monday’s game. That equates to roughly $16 million on the low end and $23 million on the high end, according to Ryan Smart, an economist and principal at Micronomics.
Still, the research firm said studies of recent CFP National Championships indicate that, while the economic impact varies from year to year, it’s always significant and typically generates hundreds of millions of dollars for the host regions.in The Sports Journal notes that such studies typically ignore the “substitution effect.
The Micronomics study — sponsored by the Los Angeles Sports and Entertainment Commission — predicts LA County will get anywhere from 46,000 to 65,000 out-of-town visitors for the game, boosting hotel occupancy rates. The report also says the game will generate 69,000-97,500 room-night bookings throughout the county.still had openings on Thursday, but desk clerk Maria Padilla said business will be picking up. The hotel is 10 minutes from SoFi.
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