Go Minneapolis is your home for exclusive experiences and deals in Minneapolis. Find all the best Minneapolis coupons here and save on attractions, restaurants and hotels in Minneapolis.» visit go.minneapolis.org for exclusive deals and experiences
Omaha, Nebraska isn’t the only place that profits from the NCAA baseball tournament.
Omaha, of course, the long-time host of the College World Series, sees the tournament as a major economic driver as well as a showcase for the area. In 2012 it’s estimated the tournament generated more than $20 million worth of media coverage for the city. And a report by Goss & Associates Economic Solutions estimates that between 2008 and 2018 the CWS will add $514.8 million to the Omaha economy, or $385.6 million in 2008 dollars.
But other cities that are the hosts for the baseball regionals are seeing a positive economic impact as well. Tulsa’s first Big 12 championship baseball tournament’s five days of competition are expected to be exciting for more than just college sports fans.
According to the Tulsa Regional Chamber, the Big 12 Baseball Championship is expected to have a total economic impact of close to $5.6 million in revenue.
The Tulsa Sports Commission’s budget to put on the event was just less than $800,000, said Ray Hoyt, president of VisitTulsa and the Tulsa Sports Commission.
The Tulsa World reports that the $5.6 million in revenue includes $3.2 million, the amount spent by outside visitors; $221, the average each visitor who spends the night in Tulsa is expected to spend per day during the tournament; and $142, the average each visitor who doesn’t spend the night will spend per day.
A particular goal for this week is to run the event in a way and produce turnout that will strengthen the city’s relationship with the Big 12 as well as the NCAA. Tulsa has an application in to be the host for the 2018 Big 12 Baseball Championship as well as conference events as soon as next year.
Amenities added include a free “Fan Fest” area where about 6,000 were expected during the weekend, pop-up bars and other activities between games. To help fund the extras, a number of area businesses stepped up with donations and sponsorships.
As Ray Hoyt, president of VisitTulsa and the Tulsa Sports Commission told the Tulsa World, “Sports is a business. They (the businesses) understand the return on investment to Tulsa.”
Whether it’s the NCAA world series, a regional site or a conference tournament, CVBs and sports commissions are seeing the value in being the host for thousands of passionate fans, ready to party and ready to spend.