2015 Summit League Tournament Generates Big Bucks for Sioux Falls
The more than 60,000 fans who attended the four-day event contributed an estimated $11.45 million in total business sales to the Sioux Falls economy, according to a new economic impact report. The report was compiled by the Sioux Falls Convention and Visitors Bureau with supporting data from the Sioux Falls Sports Authority.
In a press release, Teri Schmidt, Executive Director of the Sioux Falls Convention and Visitors Bureau said:
The Summit League Basketball Championship gives us an opportunity to showcase our city.
The impact of the tournament can be seen throughout our hotels, restaurants, stores, gas stations, and beyond.
The figures include local taxes, lodging, transportation, food, entertainment, shopping, organizer spending, and media exposure and represent $6.175 million dollars in direct business sales and $5.275 million in indirect business sales.
According to Wes Hall, Executive Director of the Sioux Falls Sports Authority:
The growth of the Summit League Basketball Championships has been unbelievable since its move to Sioux Falls in 2009.
The relationship between the Summit League and Sioux Falls is one of a great partnership that continues to grow and evolve year after year.
The 2015 Championships ranked as the highest attended conference tournament in League history.