Episode 81: Finances for the Superbowl..

The Cost of the Super Bowl
Episode 81: Finances for the Superbowl..

SHOW NOTES

Today, Mak & G look at the crazy amount of money that gets spent and earned at the Super Bowl.

 

We look at how COVID’s made the cost of tickets shoot up, why halftime artists play the show for free, and how much the players get paid…

 

We’re getting excited about the upcoming Super Bowl game and started thinking about all the money that gets spent, and earned, because of the games.

 

Advertising revenue alone brings in 500 million dollars, but think about all the hotdogs, beer, tickets, and merchandise.

 

This “Money With Mak and G” podcast episode, we dive into the ins and outs of the Super Bowl finances, how COVID’s caused prices to increase, and how much the players get for winning…

 

“Oh wait your hungry, just pull out some more money for that 12 dollar coke.” – G

 

“About 100 million people watch the Super Bowl.” – Mak


Time Stamps:

01:48 – Market movements and how many companies are in the Dow Jones, S&P, and Nasdaq.

03:06 – How well we’ve been doing at day trading.

04:10 – Who’s competing in the Super Bowl this year.

05:35 – How COVID’s brought the price of Super Bowl tickets up.

07:40 – The most expensive ticket being sold for the Super Bowl.

08:50 – How much tickets cost when the Super Bowl started.

11:22 – The cost of a 7-pound lobster at the Super Bowl.

12:13 – Why the Super Bowl is so valuable.

13:33 – How much a TV channel pays for the rights to show the Super Bowl.

14:20 – How much commercials cost.

17:08 – How much Tampa Bay makes for hosting the Super Bowl.

19:18 – The cost of all the Super Bowl rings.

20:40 – How much the players on the winning team get paid.

22:32 – What it means to be a ‘valuable team’.

23:47 – The only publicly owned team in the NFL.

24:33 – The overall cost for a family to go to the Super Bowl.

26:16 – Why artists play the halftime show at the Super Bowl for free.

28:06 – The number of people who return their new TVs after the Super Bowl.

30:46 – The amount we spend on beer and chicken wings and the power of a ‘Pot Luck’.

32:02 – How much productivity is lost at work because of the Super Bowl.

34:46 – How I got a free ticket to the Super Bowl.

36:37 – The crazy amount Peyton Manning earned across his football career.

 

Resources:

Seat Geek

StubHub

 

Connect with Ben Jones:

 

TRANSCRIPT

DAD: Hello and welcome back. This is Ben Jones on Money with Mak and G. Say hello Makenna. Hi. How about you Gman? Hello. Hey, this is a good one. This is Super Bowl Sunday. The game is about ready to start in a couple hours and we thought we’d get this in before the game which is going to be a little bit weird. But don’t forget to subscribe, like and review us, okay? So when you go ahead and hit those buttons, we are so happy to be here today. What’s the word for the week McAdoo?

MAK: I’m really excited for the Superbowl even though we’re not there. I just like watching it on TV. I’m not a huge football person, but I’m just excited because I don’t know. I like the commercials. The commercials are really funny.

DAD: Do you think it’s going to be a little bit different this time with Coronavirus?

MAK: Yeah, yes, it’s probably going to make more jokes about Coronavirus.

GRANT: Oh, yeah, I can think about that.

DAD: Grant, why don’t you turn it because I can’t really hear you, buddy. Oops. Hello. There, we gotcha. Okay, so I want to make sure that we get you captured but how about you? What’s your word for the day, for the week Gman?

GRANT: Super Bowl Sunday!

DAD: Super Bowl Sunday.

GRANT: I’m just really trying to watch the game, trying to get those TVs foreshadowing. And yeah, I’m exhausted.

DAD: All right. Well, you guys had a long day yesterday. You guys were at a big conference. But competition for robots. You guys built a robot. And that was pretty cool. So maybe we should talk about that one other time. But let’s go ahead and hit the markets really quick and let’s do this. really snappy. Makenna, how many people are in the Dow Jones, how many companies?

MAK: There are 30 in the Dow Jones. They’re all blue chips, right?

DAD: Yeah, the blue chips, which blue chip is like a poker chip, which is very valuable, which means they’re usually a really strong company. And we don’t see as much growth out of them as other companies. How many are in the s&p Makenna? We’re going to do this.

MAK: 500. Let’s go!

DAD: That’s good. And the NASDAQ, G, what does that cover?

GRANT: Those are all the tech companies.

DAD: Exactly. So we haven’t been here last week. We did the Tony Petro interview. But we saw some weird stuff. The week before last year are pretty much down across the board. And last week, were up across the board. And so the Dow was up about four, s&p was up about what last week G?

GRANT: 4.7%.

DAD: Yeah, let me round it to five is cool. Yeah, and then NASDAQ Mak, what happened last week with the NASDAQ?

MAK: It went up a whopping 6%.

DAD: So year to date the Dow is up about two Yeah. You guys are thinking about Burger King or something like that.

GRANT: You should wait till the day trade we cannot just say whopping. 

DAD: So what do you guys see on the day trade? How did we do last week? We had a negative the week before last but last week, what do we do? How big was it?

GRANT: 22.2%.

DAD: So year to day what do we do? What Colin and I get the year to date, so since the beginning?

MAK: 66.3%.

DAD: And your Apple for a year to date?

MAK: Yay. 2.4%. It’s going somewhere. It’s going places guys.

DAD: It’s going places. While day trading is very risky, we didn’t throw in a lot of money. And we’re doing fantastic. Before we get any level of confidence, we want to keep doing it. Do it six months or a year and see what’s going on but it’s actually doing pretty well. So markets are up pretty good. Bitcoin is out of rage. I think it was 10% up last week, right? Yeah. But day trading is still kicking Bitcoin from behind. That’s cool. So today, who is in the Super Bowl Mak?

MAK: We got the Buccaneers.

DAD: Alright. Tampa Bay Buccaneers and who else do we have? The Kansas City Chiefs. All right. And where are they playing the Super Bowl later today?

GRANT: In Tampa Bay.

DAD: In Tampa Bay and what’s so weird about that? Is there anything really unique about Super Bowl?

MAK: So basically, the Tampa Bay is like a stadium. Well, they have a stadium in Tampa Bay.

DAD: Raymond James it’s called, in Tampa Bay. Yeah, that’s the home stadium for who?

MAK: Tampa Bay Buccaneers. And this is the first time in Super Bowl history that we have a home team playing on the home field.

DAD: That is pretty cool. And it’s a little bit of a weird story and we’re going to get into the money because there’s so much money to talk about when you talk about the Super Bowl. But who is the quarterback for Tampa Bay do you remember? Tom Brady. So kind of interesting because it came from New England and that’s pretty interesting. But what’s the other potential? Well, it’s a second. But the back to back, which quarterback can go back to back and there’s only been Tom Brady who’s done it before? Who can go back to back this time? Kansas City Chiefs quarterback Mahone, right? Yeah. So we’ll see back to back wins in the Super Bowl. So we’ll see what happened. But let’s talk just a little bit about it because COVID is completely changing how the Super Bowl works, people getting together as well as the price of tickets. And what do we say determines the price of something guys? Come on. I always teach you this. Supply and demand. So how many people can they normally get into the stadium in Tampa Bay?

MAK: They can normally hold up to 75,000 people.

DAD: Yeah. If they make some changes, I think they can go from 65,000 to 75,000, which is what they would have done for the Super Bowl. And the ticket price, when they were thinking they get 75,000 in there, their ticket price was actually what a pack of four is that right, Mak? How much were they paying for these pack of four?

MAK: $6,750.

DAD: Yeah, for a pack of four. So you’re talking what about $1600, is that right? Do you have that? So it was you know, pretty pricey. But the thing is with COVID, what did they shrink it down to G? How many seats are they actually going to have filled for the Super Bowl?

GRANT: So only 22,000 but 7500 have been vaccinated.

DAD: Right. I don’t know if they required that or if they just are saying that. But it was such a round number. It seems like they’re requiring that 7500 seats we’re going to go to. So what happens now the supply is a ton lower, the demand, let’s say is the same, what happens to the pricing guys?

MAK: The price is now $5,950 per ticket rising to $21,500 for two tickets.

DAD: Wow. That’s pretty crazy, right? And if you go online…

GRANT: So it used to be $6750 for four of them, so about $7000 for four. But now it’s $6,000 for one person and that’s nuts! Yeah, so online, like, literally 400%

DAD: That’s a lot. That’s a lot of supply and demand changes that shoot the ticket price up. And if you go online, a scalper buys a whole bunch of tickets and tries to sell them for more than he bought him for. But if you look at the scalper, there’s two of them. What’s the most expensive ticket that I was looking at the other day on StubHub? Makenna, do you know how much that one was?

MAK: It’s literally the price of a house. It’s $217,000.

DAD: That’s a lot of clams. Grant you look like you’re about ready to say something? What were you going to say bud?

MAK: I was going to say that seems like a lot of people just have that lying around on their couch.

DAD: Okay, yeah. And what’s the cheapest ticket because you can actually go below that per person ticket. If somebody bought too many of them and was trying to scalp them, they had too much supply and not enough demand. What was that one going for?

MAK: It’s on Seatgeek for $4,177.

DAD: Whoa. So that’s getting pretty pricey. And for an average family, that is too much. And when we look at what was the first Super Bowl was in what year? 1967. And who played in that? Any ties back from this today back to theirs?

GRANT: The Chiefs.

MAK: And the Packers.

DAD: And the Packers. Were putting the Packers and like talking about the Packers. Well the Packers are interesting, we’ll get to them in just a second. But the Kansas City Chiefs, how much did they pay? G man, how much did they pay in money at that time for a ticket to the Super Bowl?

GRANT: It was $12 which is $90 today.

MAK: That is so much less!

DAD: That’s so much less. So $90 in today’s money, and now we’re paying about what was it five grand a pop, six grand a pop for a ticket. That is just nuts! And if you go on StubHub, which we just said had a $200,000 ticket. They’re so nice that they actually do what for you? They’ll finance it right G? Yep. And what are their options there for one of the tickets if you buy it, can you finance over 50 years?

MAK: They can pay for three, five or 12.

DAD: Three, five, or 12 months. And what is their interest rate?

MAK: It’s a very, very low 30%. We’ll help you out with 30% more money that will take from you! You know, we’re going to help you out!

DAD: And that’s not even as good as a credit card because we’re seeing credit cards are like 21, 22, 23, 24%. And so this is even more expensive. So, you know, just a little tip out there, if you don’t have the money to go to the Superbowl, you probably shouldn’t, because that $6,000 ticket, if we add 30% turns into $7,800. Right.

MAK: And yeah, if you have a TV, you can watch it there.

DAD: Yeah, you can watch it for free.

GRANT: Yeah, just save a bunch more money and buy a TV. It doesn’t even have to be big. It just like save money.

DAD: Oh, come on, you got to have a big screen for the Superbowl baby. We’ll talk about a quick number about that, as well as we go through some of the extra items here. But you’ve got a $12 ticket in $67, and now you’re shooting six grand, which they started a little close to seven grand for a four ticket. And it is ridiculous, it is very ridiculous. But I have to admit, before we get done, I have gone to Super Bowl. And I’ll give you a little bit of details on that one in just a second. But they also have some really cool game offers. I think I saw one a couple years ago, I probably should have dug a little bit deeper for this year. But a couple of years ago, they would give you seven pound lobsters and how much would they charge for you because they’d fly him in for the game?

GRANT: $20,000! Wow!

DAD: It is crazy. You got the seven pounds lobsters that were brought in, I don’t think very many. And maybe it was just seven pounds of lobster but it was flown in and they’re charging 20 grand for it.

MAK: Like why?

DAD: Like why? Because people just want to live completely large. And that’s what we’re talking about today. We’re talking about all the money that gets spent. Because quite honestly, the Superbowl I know we’re fans, right, but a lot of this is about money. And let’s talk about why it is so valuable. First up, how many people actually watch the Super Bowl? It’s it’s an estimate, it’s very close, could go up, could go down. Makenna?

MAK: It’s about 100 million people.

DAD: That sounds like a big portion. How many people in the US about?

MAK: 333 million.

GRANT: So, a third of the entire US…

DAD: is watching this thing. So you’ve got a lot of eyeballs on the screen. And it’s very valuable for whom who are all the people that want to pay money to the network in order to do what? Do ads. And what do we tell? We stand in front of the television, watch even the commercials, right? Yeah, and there are some really doozies out there, right?

MAK: I actually liked the commercials on the super super bowl, because they’re kind of funny.

GRANT: They are the Doritos ones. Can’t wait for that.

DAD: The Doritos ones. And what’s the other one? They have a lot of what? Bud Light. But how much beer is sold do you remember?

GRANT: It was like $1 billion worth of beer.

DAD: A billion dollars of beer this weekend. So we’ll get into that just a tad bit more. But how much of this does the network, so the TV channel that actually shows the Superbowl? How much they pay to get rights to show that? $1 billion. Oh, yeah, they pay about a billion dollars, right? That’s a ton. And how much ad revenue or commercials do they get?

GRANT: $500 million.

DAD: So that’s kind of crazy, right? We’re talking about the economy, we’re talking about, like money moving around. And if the spend on the commercials is big, then that usually indicates that people are willing to spend that, the economy’s doing a little bit better, right? And they’re going to get $500 million back in those ad revenues. And there’s all kinds of other stuff that’s in there. And I know we’re throwing a lot of numbers at you. But I like to break down and you hear it every year and I get it. But a 30 second commercial, Mak, will run you about how much? Just pocket change, right? Just pocket. Yeah. How much is a 30 second commercial? Because by the time that you’re done talking about it? Yeah, it’s it’s about 5 million bucks. And how much is it a second? Oh, $160,000 a second. By the time that it took you for you to look for it, you probably spent $10 million bucks. Yeah. Isn’t that crazy? And we talked about some of our favorite commercials. And I don’t know if anybody out there listening can remember when the guy comes to the IRS, he has a problem and he’s sitting there talking to the guy he says hey, you know I got this problem with my tax return and you know, being the money guy that I am I’m just laughing because every tax return that I did for somebody, guess what they always think? You’re going to give me a refund. And it never works like that, because they always forget something. Oh, yeah, I earned a little money over here and oh, I didn’t really spend that much money. And on the Doritos commercial guys like sitting down and he’s talking and he goes well, what’s it look like? In the guy says, I smell refund. No. And the guy goes, really? He goes, no, not really. And to me, that just makes me laugh so much, because I have been through that because everybody’s going, why don’t you get me a refund? And it’s nothing that I could do. But that was one of my favorites. There was like E trade that we saw with the little baby doing some crazy stuff.

GRANT: They were just like talking to each other.

DAD: They were talking to each other. What was the one that you liked? Didn’t you like one of the Doritos?

MAK: I like the Dorito one because he had like a bunch of Doritos like taped it all over him. He looked like a Doritos monster. Oh, and then he shooted a Doritos to the side of the guy’s neck.

DAD: Yeah, he was like get away, and he whipped out of Doritos and hit the guy in the neck. But, but it’s $160,000, a second $5 million for a 30 second dollar spot plus or minus. I remember the GoDaddy, there was a GoDaddy commercial that it started on the Superbowl and it was the first one ever to link it to the website, or we could link it to the internet. And so she starts doing crazy stuff and says go to the internet to check out what happens next. And so they actually moved that $5 million commercial to an additional commercial on the website. Ain’t that’s smart? Oh, so instead of having a one minute for $10 million bucks, they had a 30 second for $5 million and they got everybody to go to their website. And now they’re all hitting the website, I think they might even crashed. So I have to take a look at that. But that’s crazy. And where is the Superbowl this time? Tampa Bay. Does Tampa Bay earn any additional money out of this, like the government in Tampa Bay? Because if people are buying stuff and drinking alcohol, is there a tax on the alcohol? Yes. Yeah. I forget the the number it’s like $50 million in just tax revenue. But Makenna, the hotels, they’re doing it. And is it like $10 million? $20 million? $100 million? A couple 100 million?

GRANT: Yeah. It’s like when you’re going there, people are going to come from around the states. And for the Super Bowl, so you’re going to want to get like a place to sleep. You’re going to want to go out and eat at restaurants,] depends if you want COVID or not.

DAD: But think about this time, it’s probably less. You know why it’s probably less? Because the home team in Tampa lives right there and they want nobody has to come in. But Kansas City still has to fly in. Yep. So a lot of people for Kansas City probably have a better chance of getting a flight in, right? Because you don’t have like two teams from all over the country fighting for trying to get into where the actual Super Bowl is being played, but the actual host city Tampa Bay is usually makes a couple of hundreds of millions of dollars. And then when you’re there, what do you buy when you’re there? Do you buy a big foam finger? Whoo. Yes, sir. We do. And how much was it estimated that they do for that one?

GRANT: $200 million in merchandise.

DAD: And I don’t know about anybody listening, does that just freak you out? It’s like the numbers are just astronomical.

GRANT: Like I didn’t think it’d be nearly that much. I thought maybe like $1 million tops but like geez!

DAD: $200 million and just extra merchandise.

GRANT: Because these jerseys are like $50 each, $100 maybe Yeah, it’s very expensive!

DAD: And so you got to do $200 million in merchandise. And interesting enough, you were talking about the rings. Did you guys see the rings? Okay, you guys got to pull up the rings. And as we talked about the rings, check this out. The ring is given to the winning team right? But it’s also given to I think what all the coaches and staff and owner. And so there are a lot of rings. Do you guys type in Super Bowl ring? Wow. Go ahead. You guys can look at it. I’ve seen it before. You don’t have to show me. Oh going to try to get it in there. Look at that bad boy. Okay, Mak, way to go.

MAK: It is very big and looks expensive.

DAD: But what I saw was it’s red. How many rings are produced? You can put that down now. Be very careful.

GRANT: 150 people that get the rings.

DAD: And they’re averaging I think about now how much? $40,000 each. So if you really did the math, and we were just saying, hey, it was about $5 million. But if you really do the math, 40 times 150 is actually $6 million, because 15 times four is $6 million. So you messed up, I didn’t mess up. That was just what they’re saying. But that’s $6 million bucks just in the ring. And when I see that, I just roll my eyes back in my head. But what happens to the team that wins, the players?

MAK: Okay, so the players get around here.

DAD: Go ahead, you guys can load it up. So the average salary in the US is, I believe, below $45,000. So to put it in perspective, per year, let’s call it $40,000. Let’s just call it 40 to make it easy on the numbers. How much does each one of the players on the winning team get as a prize for winning the Superbowl?

GRANT: Regular per year for an average American $40,000 a year.

DAD: And I can look it up, but it’s somewhere I think, right around there.

GRANT: So just for the winning team, just for the superbowl, one player, the winning team, they get $120,000 just for my game if they win.

DAD: And that’s not the regular salary, right?

GRANT: Yeah, but the losing team, they get money too. They just have to be there basically to get that money. They got to get beat up. $60,000 already, just from one game! And then plus like all the other stuff.

DAD: All the bonuses, they get to get for the Super Bowl, because you’ve got to play multiple games. And what else do they get? I’m putting my fingers up. The winner gets the ring, which is an extra bling bling of how much? It like about 40k. That’s to the winner. That’s like a full year right there, that’s a full year.

GRANT: No, that’s like a full four years.

DAD: Well, no, yet you’re right, because it’s a full year for the ring, and then three years for the $120,000.

MAK: But they get that for one game, one day for like, three hours, four hours.

DAD: Probably around on the field the whole time, right, because they’re not. But that is just amazing. And if we talk about investing, we have Tom Brady, who came back down from New England Patriots. And we already know that New England is one of the top teams, most valuable teams, right? What makes a team valuable? I got a little caught over there G? Yeah. G is kind of stuck there. Is one of the most valuable teams, which means they sell a lot of jerseys, people always come to the games, they have rights, because people want to see them. They work with the network and say, hey, if you’re going to show my team, you know, I get a lot of people watching, so you got to pay me more. But how much do you spend to buy from what, we did a little research on that?

MAK: He’s spent an investment of a New England Patriots of $172 million.

DAD: So he spent $172 million.

MAK: It’s now around $4 billion!

DAD: Maybe more. Now that they’re in the Superbowl again. And what kind of return is least those numbers? Because that’s pocket change, right? $172 million? Yeah, totally. So it goes from $172 million to $4 billion. And what’s the return on that one? Because I’ll take this any and all day.

MAK: 2,000%. Thousand!

DAD: Can you believe that? That’s absolutely insane. So that’s one guy who owns the entire team. And we spoke about 1967 that we had the Packers and the chiefs that were playing each other. And the Packers I said were interesting because I believe from the information I have, they’re the only publicly owned team. So instead of one guy owning it, a lot of people own it. How many people own it, Mak?

MAK: About 360,000 people.

DAD: So they actually have to do financial statements and everything else. So the Green Bay Packers are owned by their stockholders, which are about 360,000 people. Did you know that? That’s pretty crazy to think about. And then you’ve got this one guy owning it, 2,000% increase. So what are some of the prices because if you’re going to go to the Superbowl, you’re spending five or six grand to be there. You’re going to spend two grand to get there unless it’s in Tampa Bay.

GRANT: Oh wait, you’re hungry? Let’s just pull out some more money for that $12 Coca Cola bottle.

DAD: So it’s a $12 cola. I don’t think it’s a bottle or it comes in a cup. But, that’s actually cheaper because it’s just syrup, right? The syrup to taste and then bubbly water. And the last one that we looked at was like 11 or 12 bucks last year. So it’s got to be at least 12 bucks, right? Yes. And then how much is a hot dog? How many hot dogs can you get? Can you get like six hot dogs for a buck like you do in the store, two bucks or whatever?

MAK: Nope. $8 for one hot dog!

GRANT: Why not? Why not?

DAD: So is this like a good thing to take the whole family? Come on, guys, let’s go to the supermarket. Take the family. And if you took the entire family, you would talk $20 for each person, $8 and $12 right, the hot dog and the coke? And then we’d be over five grand a person.

GRANT: And then $40,000 for tickets.

DAD: Yeah, you did pay a lot for tickets depending on whether you get the cheap ones or the big ones right? $30 or $40 then you have to fly in and food while you’re there and everything else. It’s absolutely crazy. So I don’t even know who’s the halftime entertainment. Oh my gosh! Look it up, Mak look it up right now, who’s halftime entertainment? But here is an interesting fact that Bruno Mars and I’m picking on Bruno just because I think the guy’s pretty awesome. And I love some of his songs. Like I want to be a billionaire. But he did the halftime show. How much did he get paid?

MAK: Oh, this is going to be COVID for sure.

DAD: Well then you’re going to get it too so I’m passing around. If it’s a covideo!

MAK: Oh, The weekend.

DAD: The weekend, you know them oh my gosh, I must be too old. Are they good?

GRANT: Yeah. So anyways, you’re going to be surprised, they’re payday is something.

DAD: It has a lot of zeros, right? Yeah, yeah, it’s 330.00. Yeah, don’t get paid. Go ahead G, sorry.

GRANT: They don’t get paid but you know why? Because usually the following week…

DAD: No, not usually, for Bruno Mars. This is just Bruno Mars, what happened to him. They get exposure so that people see what they do.

GRANT: So they get to see that their albums and Bruno Mars, he sold five times as many albums as he did the week before the Superbowl.

DAD: So though he did the show. Everybody thought he was awesome because I did. I mean, he’s fun to watch. And that following week, he sold five times as many as he did the week before. Yeah, that is super cool. So he gets paid Zippo at the Superbowl probably has just a great time, right? But then he sells a lot more records and he’s going to make some money. Go ahead Mak.

MAK: Does he get a free seat?

DAD: I would sure as heck hope so. We’ll have to look for The Weekend, whoever those guys are. Whether or not they’re at the game and watching, having fun.

GRANT: Okay, this next part is pretty funny.

DAD: Okay, so what is the next part you want to use?

GRANT: Makenna you want to explain it?

MAK: Yes, I really would.

DAD: So what happens when you want to throw a SuperBowl party or you want to see the SuperBowl, do you have a tiny TV Mak?

MAK: No. You have like humongous TV

DAD: Which they call like a big screen right?

MAK: Yeah, but of course you don’t have just random humongous TV laying around. Do you?

DAD: No. And you probably don’t have like $1,000 laying around? No, but you really want one so what do you do?

MAK: You go to the store, get your brand new TV. And then you’re like yay, invite a bunch of friends over, brag how great your TV is.

DAD: Wow, you’re working this, I like that!

MAK: Then like, the week after, you’re just going to be like this too much money. I mean, I was planning about this but I’m just going to return it. No one will ever know.

GRANT: Let’s just give it back. They’ll never know.

MAK: Totally not illegal.

DAD: I don’t even know if they actually do that. They just kind of bring it back. Ooh, that thunder rolls. You just kind of hit the table. So, they take them back and is there like a percentage? What’s the percentage of return TVs the week after the Super Bowl? It’s it up to like 1% or 2%?

MAK: No. It’s up 200%.

DAD: You’re kidding me! They actually buy these things and then they use them for the Super Bowl and return them. Oh my gosh, I don’t think I’m very happy with people doing that but that’s what happens. 200% return on large TVs the week after the Super Bowl. Oh geez. Well, I guess that’s one way to save money and the average person spends around how much at a Super Bowl Party, but this is pre-COVID right, this number? So how much do you spend if you just kind of hang out going to a Super Bowl party? What is it guys?

MAK: $90.

DAD: $90. And they say that the younger kids, which I think was somewhere between 24 and 30, what do they say? Did they spend more or less?

MAK: More. They spend $120.

DAD: $120. So you know if you’re trying to watch your money, this is something that you have to be careful with. The big party tray so you’re having everybody over, should you buy the big party tray? The cut, the one that has all the cut.

MAK: They can make it all at home.

DAD: Cauliflower, broccoli. You make it at home, because it’s diy. What kind of percentage is it more if you buy it pre cut? And I know everybody didn’t have the time.

MAK: 200% more. That’s like double, more than double.

DAD: So a quick thing to talk about is hey, do it at home, do it yourself or if everybody comes over what do you do?

GRANT: Potluck.

DAD: And what’s a potluck, bud?

GRANT: So everyone brings their own thing like, Lil Susie’s going to bring over the chips, Johnny boy’s going to bring the cheese and then old uncle Tim’s going to bring over the beer.

DAD: That’s right. So everybody else chips in, which is really good. Keeps all of the money down, which is great. Or you go generic. So instead of buying the name brand chips or whatever, maybe take it down a notch. Hey, after the first couple of beers, maybe they don’t even know because we just said, they spend about a billion dollars on beer, right? Yeah. Oh, man. How many chicken wings do we eat over that weekend?

MAK: Over $400 million on chicken wings. That’s over a billion wings.

DAD: Can you believe that? There’s $400 billion in chicken wings or a billion wings that are eaten? That’s really hard.

MAK: That poor chicken. Oh my gosh, that’s sad.

DAD: That is, yeah. And what happens on Monday, if you drink all that beer…

MAK: And eat all that chicken…

GRANT: You’re going to be drowsy and sick.

DAD: Can you believe how much productivity means people who don’t go to work the day after the Super Bowl, it’s like a huge holiday. A third of the people go to the Super Bowl party or watch it and then the next day they call in and say I’m so sick, I’ve been drinking Pepto Bismol. And how much productivity is lost meaning people are not working when they should have been?

GRANT: $2 billion lost on productivity.

DAD: Man! So people, if we’re trying to watch our money, don’t overdo it. Because get to work and get your money, you know, earn your money and go to work. Because $2 billion of productivity is lost.

MAK: I bet the owners are kind of happy like that they gotta keep that.

DAD: No, they don’t get to go out. Maybe you’re right. But they need stuff done. Yeah, they need stuff done.

MAK: Oh, yeah, they still pay them. Okay.

DAD: Excuse me, what? You know, the NFC and AFC right? Yep. The National and American Conference. NFC is Tampa Bay, Kansas City is the AFC. So there has been and this was a while ago, they used to call it like the Super Bowl indicator, which if, for instance, the NFC one, because you have a group of teams coming from the NFC and you have the best team. And then you have a group of teams from AFC and the ones that go to the Super Bowl, if the NFC one, this was about 15 years ago, if at 1, 90 plus percent of the time, the stock market would do what?

MAK: Go up.

DAD: And if the AFC 1, what would happen?

MAK: It would go down.

DAD: I know. So they used to call that the Super Bowl Market Indicator and or the effect. Yeah, Super Bowl effect. And so when you talk about that, that was pretty crazy. Now does it correlate this in some way to the markets? No, not really, it just happened. It was crazy. And now it’s about 70%, the last five years it was wrong. Yeah. So it said it was going to go down and it went up and said it was supposed to go down or down. And so that was kind of interesting to sit there and research that a little bit. Now it’s in the 70% range. So better than 50/50 but it’s 40 out of 53 times and there’s some debate on who should have been included because I don’t know if you know but those divisions kind of moved around a little bit and who was in them and stuff but something about the Steelers was pretty high on that. But I went to it when the Colts played New Orleans in Miami. And guess what? You know how much my ticket costs cost me? Any ideas? What’s my four letter favorite F word?

MAK: Free!

DAD: Yay, I’m who thought something very, very bad or wiped out in your mind.

GRANT: That’s inappropriate.

DAD: Because my favorite four letter F word is free. And I got a free ticket. I flew down there, didn’t have a ticket, hooked up with my brother in law, who you guys know, Tony Petro, you heard from him. He got me into a party and a guy came around and said, does anybody need a ticket? And I go, yeah, how much do I owe you? And he said, oh, it wasn’t free. Oh my gosh, it wasn’t. He said I had to pay face value, I couldn’t give him any more than face value. Because he was with the Indiana government. I can’t remember the name of the guy. So I paid him face value.

MAK: What’s that?

DAD: Means whatever is on the ticket is what I paid him. I didn’t pay any more or less. I thought it was like $400 now they think about it. Geez. So I got in, I saw the team. I saw Indianapolis, they lost but New Orleans just had Katrina, which wiped out the entire city. So I felt terrible for the Colts because I wanted them to win. But New Orleans just needed a win themselves.

GRANT: Well, yeah. Who won then?

DAD: New Orleans won. Yeah, maybe because they had Katrina. And you guys probably don’t know Katrina, it wiped out the entire city.

MAK: We know about Katrina.

DAD: Oh, you do? Yeah. Okay. I didn’t know you know, me.

GRANT: We have school. We go to school dad.

DAD: And when I was thinking about it, I looked back at Peyton Manning and what do we know about Peyton Manning? Other than you know, he was really fun to watch when he was here but the Colts.

MAK: He was the only person in the…

DAD: Not the only. He earned the most over his entire career.

MAK: Oh, he earned the most and over his entire football career and he’s the only person that did one back to back.

DAD: No, that wasn’t him. That’s Tom Brady. Tom Brady did it but he was the guy that actually earned what?

GRANT: He earned $250 million in his football career. And his brother was second with $190 million. So still, that’s a huge difference. That’s a $60 million difference.

DAD: But he did really well. And he won so many games. He did so many great things.

MAK: Who is his brother?

DAD: Eli Manning out of the New York Giants and Eli won a Super Bowl. So it was all good. So today is Super Bowl Sunday. Yeah, really cool. We’re going to go up and maybe have a pre party and all that fun stuff. But we wanted to have just a little get together. I know this will come out in a couple of days. Before we go, Makenna, who are you going to win?

MAK: Well, yeah, since other people are going to see you guys.

GRANT: Yeah they are going to see this after the Super Bowl.

MAK: Pressure, pressure.

DAD: And what do you think the score is? Come on now. Grant, do you know?

GRANT: Score? Okay, so I think the chiefs are going to win.

DAD: By how much?

GRANT: By 30…

DAD: I think the spread is three which means that they anticipate the Chiefs will win by three.

GRANT: Okay. Well, I think different, okay? Is 35 a possible score because I don’t watch football. 35.

DAD: Are you American?

GRANT: 35 to 24.

DAD: 35 to 24, Grant says the Chiefs. Mak?

MAK: I think that the Buccaneers are going to win by two points.

DAD: Two points. And how much? 19-17, 22-20, what?

MAK: I think it’s going to be 21-20. Is that possible?

DAD: Yeah. 21 to 20 but that’s not two points, it’s one point. 22-20?

MAK: 22-20. There we go.

DAD: Okay, and I’m just going to say I think Kinsey is going to win by seven just throwing out a number. And I think it’s going to be a little bit higher scoring. So I think maybe 30-23 How’s that sound?

MAK: That sounds more accurate. Okay,.

DAD: That’s it. Why don’t you say goodbye, and then we’ll go ahead and get upstairs. Ready? 1, 2, 3, bye!

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