The Super Bowl's high price tag - New York News

The Super Bowl's high price tag

Posted: Updated:
NEW YORK (MYFOXNY) -

In about 61 days the Super Bowl will be played at MetLife Stadium in East Rutherford, N.J. The week of festivities leading up to the game is expected to generate a big economic boom for the region, but hosting the biggest game in the world in New York and New Jersey will also come with the biggest price tag in history.

In the New York City area, most things come with a premium price tag, and hosting the Super Bowl is no different.

Hosting the big game will cost a record $70 million, according to IRS documents obtained by the Star Ledger.

Al Kelly, the CEO of the New York New Jersey Super Bowl Host Committee, said: "In the case of this marketplace, it's just the general economic reality suggests that it will cost more than it might cost in another city or region."

The big dollar figure reflects the reality of the region and costs to create the committee itself.

"In our case this was a start from scratch. I was the first employee, we now have 31 or 32 employees," Kelly said.

The committee raises money through sponsors and soliciting donations. Costs include funding for the football themed Huddle Shuttle Tour and helping to turn a 10-block stretch of Midtown Manhattan into Super Bowl Boulevard.

"A Super Bowl is a great platform in which to engage and enrich your community," Kelly said. "We've chosen to invest quite a bit of money into our community."

The NFL has said there is no set cost for hosting a Super Bowl. The league covers the cost of the game itself.

  • Local NewsLocal NewsMore>>

  • Temperature drops; snow moves in

    Temperature drops; snow moves in

    Tuesday, April 15 2014 10:59 PM EDT2014-04-16 02:59:53 GMT
    Fox 5 photoFox 5 photo
    The mild weather made an exit in the Tristate region and snow moved in late Tuesday into Wednesday. Scattered showers, heavier rain, thunderstorms, and strong winds were expected. Reports of heavy, wet snow have come in from the Hudson Valley, northern New Jersey and New York City. The snow is not expected to accumulate for very long.
    The mild weather made an exit in the Tristate region and snow moved in late Tuesday into Wednesday. Scattered showers, heavier rain, thunderstorms, and strong winds were expected. Reports of heavy, wet snow have come in from the Hudson Valley, northern New Jersey and New York City. The snow is not expected to accumulate for very long.
  • Robert De Niro says Tribeca Film Festival is his passion

    Robert De Niro says Tribeca Film Festival is his passion

    Tuesday, April 15 2014 10:47 PM EDT2014-04-16 02:47:46 GMT
    Robert De Niro is a family man, a filmmaker, an entrepreneur and one of my favorite actors of all time. He's also a co-founder of the Tribeca Film Festival, which has more to see than ever before. De Niro wears just as many hats on screen as he does in real life. The father of six starred in six films last year, owns four restaurants and a hotel, and still finds time each spring for the Tribeca Film Festival, Lower Manhattan's annual cinematic showcase.
    Robert De Niro is a family man, a filmmaker, an entrepreneur and one of my favorite actors of all time. He's also a co-founder of the Tribeca Film Festival, which has more to see than ever before. De Niro wears just as many hats on screen as he does in real life. The father of six starred in six films last year, owns four restaurants and a hotel, and still finds time each spring for the Tribeca Film Festival, Lower Manhattan's annual cinematic showcase.
  • Obama congratulates UConn on NCAA dominance

    Obama congratulates UConn on NCAA dominance

    Tuesday, April 15 2014 9:47 PM EDT2014-04-16 01:47:07 GMT
    President Barack Obama has congratulated the University of Connecticut's men's and women's basketball teams on winning last week's NCAA tournaments. The White House says Obama commended men's head coach Kevin Ollie and his team on their decisive championship victory and noted how he enjoyed watching them throughout the tournament. He told women's head coach Geno Auriemma how impressive it was to see the team continue to dominate women's collegiate basketball.
    President Barack Obama has congratulated the University of Connecticut's men's and women's basketball teams on winning last week's NCAA tournaments. The White House says Obama commended men's head coach Kevin Ollie and his team on their decisive championship victory and noted how he enjoyed watching them throughout the tournament. He told women's head coach Geno Auriemma how impressive it was to see the team continue to dominate women's collegiate basketball.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices