State Boys Hockey Tourney Expected to Generate $10M
St. Paul businesses are expected to see a boost in sales during the boys’ state high school hockey tournament, which kicked off Wednesday.
Tournament attendees are expected to spend about $80 each, an official from convention and visitors bureau Visit Saint Paul told KSTP. Multiplied by the 120,000 people expected to attend the event, that represents an economic boost of about $9.6 million, the station reported. Some area businesses are opening early or boosting staff levels during the tournament to meet demand.
The tournament, which is being held at the Xcel Energy Center in St. Paul, should provide some relief for local businesses: KSTP pointed out that it is being held after the NHL lockout cost the city about $1 million on the day of each cancelled game.
Hockey has long meant big money in Minnesota. In a November 2011 cover story, Twin Cities Business took an in-depth look at the time and money spent supporting kids’ hockey in the state. An analysis of several factors, including ice time, gear, association fees, and related injuries, found that on average it costs $30,000 to guide a child through everything that it takes to become a contender capable of playing in the state high school hockey tournament—and from there, perhaps earning a position on a postsecondary hockey team along with either a college scholarship or paycheck.
To read more about the business of high school hockey, click here.