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Old Posted Aug 1, 2009, 12:15 PM
grumpy old man grumpy old man is offline
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Join Date: Jul 2009
Posts: 512
Quote:
Originally Posted by Migs View Post
If you think a GreyCup only brings in 1-1.5 million dollars in economic profit to the city then you aren't worth arguing with as your bias is clouding your judgement. That said, can I have your tickets to the grand opening?
Hate to disappoint ya, but if you do the math you'll discover the actual revenue/profits a Grey Cup bring in don't add up to the hundreds of millions you mentioned.

Let's play a game.

Assume 50,000 people spend $500 each over three days in Regina. So in three days maybe they spend $25,000,000.

Then there are the cost's to the city. Any idea what the Grey Cup cost's to host? Police and street maintenance and the spruce up costs, etc...

Don't get me wrong, the Grey Cup is a wonderful event that is great for the bottom line of the host city.

But we must be realistic when advancing the real worth of such an event. Hundreds of millions in revenues is absurd.