05-06-2017 22:45 via feeds.bizjournals.com

CIAA impact down 17% to $47.4 million

Estimated economic benefit from staging the Central Intercollegiate Athletic Association basketball tournament dipped this year by $10 million, or 17%, according to figures released by the conference Monday afternoon.The men’s and women’s basketball tournament generated $47.4 million and brought in an estimated 103,000 to 138,000 visitors, the CIAA said. In 2016, the tournament added $57.4 million worth of spending and spin-off benefits to the local economy and $31.5 million in direc
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