The city’s final tab to host the Super Bowl in February came to $1 million, tourism leaders said Monday afternoon.
That’s $200,000 more than originally budgeted by the Capital Improvement Board of Managers
of Marion County, the entity that operates Lucas Oil Stadium and the city's other downtown sports venues.
But CIB and city tourism leaders said on Monday that the money was well spent considering the game could translate to $300
million in direct visitor spending over the next several years.
“There’s no question in my mind that the Super Bowl generated interest in Indianapolis,” said Leonard Hoops,
CEO of the Indianapolis Convention & Visitors Association.
The Super Bowl accounted for about $100 million in spending, with another $200 million expected from the additional interest
in room-night bookings that could result from the game.
In the first quarter of 2012, the ICVA logged interest in 998,000 room nights for future conventions, a whopping 156-percent
increase from the same time last year. If the city wins enough conventions over the next 10 years to fill a third of those
room nights, it should capture the additional $300 million in visitor spending, Hoops said.
Associations typically book conventions years in advance and consider several cities when exploring their options.
“To spend a million dollars on the branding of the city is a pretty good return on investment,” CIB President
Ann Lathrop said. “I would say it again, it was well worth it.”
The city spent a total of $6.6 million to host the Super Bowl, including roughly $3.5 for police protection and another $350,000
on insurance, legal fees and snow removal equipment that the National Football League did not reimburse it for. The city's
Department of Public Safety originally had billed the city $3.9 million but lowered the amount after choosing to keep vehicles
purchased for the game.
The CIB, though, received nearly $2.9 million for its share of hotel and food and beverage taxes, in addition to auto rental
taxes, from the influx of visitors, bringing its total bill to $1 million.
Food and beverage taxes exceeded CIB projections by $240,100, but hotel taxes fell short by $494,800.
The $1 million cost to host the Super Bowl should have little impact on the CIB’s annual operating budget of $100 million,
Lathrop said.
Her advice to any city considering hosting the game: “I would absolutely say that you should do it,” she said.

















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The city has broken off into these supposed 501c3's so they don't have to CLEARLY AND SIMPLY show $$$ coming from the taxpayer wallets.
How insulting the indignant Hoops professes a whole lotta blue sky in 10 years.
The airport is working out real nice for taxpayers......
http://www.advanceindiana.com/
So your telling us you have "interest" in "unsigned" conventions, but, you hope to sign them over the next "10 years", and that will somehow translate into $300 million in direct spending in the distant future?
I guess that NONE of those huge conventions that you anticipated signing within 90 days after the Superbowl worked out.
We deserve near term results after investing billions in new football stadiums, expanded convention center, airport, and hotels.
Our only reward so far has been financial losses and more unsupported long range projections and promises.
What about the Indianapolis Superbowl Host Committee, Indiana Sports Corp, Indianapolis Downtown Inc. and the City of Indianapolis?
Suspect they each incurred losses on this event also.