Well, it’s that time of year when fans are not only excited to see their favorite teams face off but also eagerly supporting their favorites in hopes of them emerging as the ultimate winners. Winter and college football playoffs are totally giving chills to the fans. However, the playoffs not only bring heightened intensity but also fuel up the stocks of the local communities where the teams will compete. The question is, how exactly will these games impact the economy of the surrounding area?
Addressing the impact, Ohio State, Indiana, and other top-ranked college football playoff teams will have where the games are going to be played today media personality Adam Breneman took to his Instagram, saying, “We’re talking $116 million in payouts on the line for conferences based on how far the teams advance. That’s some serious cash.” Pointing out the amount of money that will get generated when the top-tier teams perform in terms of tickets, hotels, or any other amenities. That’s a huge cash amount, which will end up benefiting a lot of local sellers.
ADVERTISEMENT
Article continues below this ad
View this post on Instagram
ADVERTISEMENT
Article continues below this ad
Regarding specific games that will raise the stocks for the localities, Adam said, “Imagine these matchups: Boise State at Ohio State, Indiana at Tennessee, Alabama at Texas, maybe the biggest Notre Dame at Penn State. These are not just games. These are local economic powerhouses.” Well, knowing the fact that Ohio State, Indiana, and Oregon are at the top of the charts automatically makes their showdown much more anticipated than expected.
Also, hosting just one game in places like State College, PA, will skyrocket their economy quickly. Knowing how dedicated fans CFB has, there is no doubt it’s going to be an economic boom for the local sellers, as Adam Breneman said in his video. For now, let’s talk about the changes made in this year’s college football playoffs.
Changed dynamics of the College Football Playoffs
ADVERTISEMENT
Article continues below this ad
What’s your perspective on:
Can local economies truly thrive on the back of college football playoffs, or is it just hype?
Have an interesting take?
This season is all about surprises. It is not only about the unexpected teams ranking up at the top of the charts but also the format that changed the dynamics of the college football playoffs. This season CFP has introduced a 12-team playoff rule where the top-highest-ranked teams will automatically get a spot in the top five teams conference, unlike last year, where there was a 4-team format. Following this, the seven teams remaining will fight against each other in the first round and will get selected based on their performance. However, the interesting part of this distribution is that among all the 12 teams, four top-seeded teams (1-4) will directly go to the quarterfinals without playing any further games.
Well, this new change in the college football playoff rules will not only reduce the time constraints but will also give the teams proper time to focus on their game, reducing any excessive showdown hassle. But one thing that is important to keep in mind is that this will increase the intensity of the competitiveness among them, as fewer games means more excellence, and every matchup will impact their positioning in the conference. For now, let’s see how the teams perform in their respective games and which one emerges as the ultimate champion of this season.
Have something to say?
Let the world know your perspective.
Debate
Can local economies truly thrive on the back of college football playoffs, or is it just hype?