March Madness in the House
1st and 2nd round games of the NCAA Basketball Tournament will be coming to Portland in 2009. Of course by then, the Blazers will be in a championship drive anyway so it won't really matter.
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posted by Bill McDonald @ 2:53 PM
5 comments
5 Comments:
Damn right--to get those games, we had to give up the revenue (and fun!) of the popular SportsAction lottery game.
Focking NCAA!
NICE!!!!
Don't shed a tear for Sports Action. The whole thing was a big sham. The odds and rules provided were ate 50% worse than Vegas or any local bookie.
If yuo REALLY want to palce a wager come NFL time, there is always a "shylock" waiting in the wings.
but it was legal and simple. And if it's a sham, so much the more revenue lost. I have a very hard time believing the short-term boost from a tourney regional takes the place of more than one year of SportsAction.
I second Torrid's remarks. These projections of "economic impact" are wild guesses that are usually wildly exaggerated. I can't see how this pencils out to match the genuine revenue that's being lost.
And as for "putting Portland on the map," well, 2006 first-round sites included Philadelphia, San Diego, Salt Lake City and Detroit. They also included Greensboro, N.C.; Dayton, Ohio; and Jacksonville, Fla. I've not yet noticed the world beating a path to their doors.
Let's assume the attendance for the weekend is 60,000, and the average outlay specifically tied to the tourney is $100. That's 6 million, quite a bit less than the 10 million hypothesized.
But I found out the yearly Sports Action is between 2 and 2.5mil. Assuming a best case scenario, it'd basically be a wash, I guess.
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