analysis: new york state mma: economic and fiscal benefits

7/29/2019 Analysis: New York State MMA: Economic and Fiscal Benefits

1/13

NEW YORKSTATE MMA:

JANUARY2011


2/13

Stud Findin s

Regulation of MMA would bring substantial .

1


3/13

Events produce economic and fiscal impact

Local Event

Spending Economic ActivityLocal

Contribution

Employment Employment

WagesFiscal

Impacts

Visitor Spending

2


4/13

MMA events would generate $23 M annually

212 jobsEconomic Activity: $23 M annually

State Fiscal Benefits

$1.3 M annuallyLocal Event Spending

Gross ticket sales$12.9 M

$10.5 M$9.7 M Visitor Spending

Spinoff Activity

Annual Attendance$2.8 M

3

145,000


5/13

$23 M in economic activity is generated by

UFC Events $16 M HSBC Arena (Buffalo)

$ 5 M

Non UFC MMA Events $ 7 M

Total Economic Activity $23 M

4


6/13

Total Economic Activity

Madison Square Garden (NYC)$16 M Gross ticket sales: $5.2 M

Attendance: 17,000

138 jobs HSBC Arena (Buffalo)Gross ticket sales: $1.5 MAttendance: 16,000

5


7/13

$5.3 million of direct event spending is leveraged 2 times to result in $11.3 million dollars of total activity in the local economy.

NYC Economic Activity: $11.3 M annually

$5.3 M$4.6 M

rec ven pen ng

Visitor Spending

$1.4 M

Spinoff Activity

6

source: Zuffa, LLC & HR&A input output analysis using IMPLAN


8/13

Im act includes 1.4 M in NYC visitor s endin

10,000 NYC TRANSIT

local spending

LOCAL ATTENDEES

5,100 $600,000

local s endin

$1.0 million

LODGINGLIRRMetro-North

Amtrak

DAYTRIPPERS

0.4 million

TOTAL SPENDING1.4 million

NJ T

1,900 OVERNIGHT

$345,000 local spending $380,000 lodging

7

VISITORS


9/13

$1.7 million of direct event spending is leveraged 3 times to result in $5.2 million dollars of total activity in the local economy.

Buffalo Economic Activity: $5.2 M annually

$1.7 M$2.1 M

v

Visitor Spending

$1.4 M

Spinoff Activity

8

source: Zuffa, LLC & HR&A input output analysis using IMPLAN


10/13

$1.4 M Buffalo visitor spending & 11%

.

,

No net

new

local spending.

$1.1 million

LODGING

.

7,000 daytrippers 475 000

0.3 million

TOTAL SPENDING1.4 million

2

local spending

6,000 overnight visitors $575,000 local spending

3

9

,

* Over any given weekend period


11/13

Im acts of Additional Non UFC MMA Events

Gross ticket sales $6.2 MTotal Economic Activity

Attendance 112,500

$6.7 M

Average Attendance/Event1,597

75 jobs

10


12/13

70 MMA events ro ected for New York State

State # of Events AverageAttendance

Average Ticket Price

Gross Revenue Per Event

California 66 1,460 N/A N/A

Nevada 45 930 $40.50 $38,000

New Jersey 69 2,000 $87.50 $175,000

Pennsylvania 22 680 $32.00 $22,000

New York 70 1,597 $56.00 $89,000

New York projections extrapolated based on activity in other states and expectation that- .

11


13/13

Events will boost market for Merchandise , ,

accounted for in economic analysis.

12

analysis: new york state mma: economic and fiscal benefits

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