Each year, millions of people across America tune in to watch the NFL Super Bowl. Known for its iconic halftime shows, unbeatable advertisements and the culmination of champions, the Super Bowl isn’t just another football game - it’s an economic powerhouse. From advertising to tourism, it fuels industries and generates billions annually.
Here’s a look at its economic impact:
Advertising: $7 Million for 30 Seconds
In 2024, a 30-second Super Bowl ad cost $7 million. With over 100 million viewers, companies use this platform to launch campaigns and boost brand visibility, betting on a significant return on investment. Although these ads have a high price tag, they often spike sales and interactions with each brand involved.
Hospitality and Tourism: Local Economic Boost
Host cities see an influx of fans, media and executives attending the Super Bowl, benefiting hotels, restaurants and transportation. Economic impacts can range from $300 million to $500 million, though some spending can displace other activities.
Merchandising and Ticket Sales
An exclusive Super Bowl ticket can be quite the investment, with ticket prices often soaring into the thousands. Tickets and merchandise to the event, like jerseys and collectibles, generate millions. The annual event typically drives up NFL revenue by millions each year.
Halftime Show: Music Industry Surge
Although halftime performers aren’t paid directly, they gain massive exposure from their involvement. After her 2023 Super Bowl LVII performance, Rihanna’s music streams spiked 600%, showcasing the event’s influence on the entertainment industry.
Takeaways for DECA Members
The Super Bowl teaches important lessons in marketing, money management and planning. It is also a great example of economic success, from the value of ads to using big events to grow businesses. These ideas can help you create smart solutions to fuel your ultimate DECA success!