Ohio economy to win big with future NCAA games


The madness is here to stay in Ohio.

Cities like Dayton, Cincinnati, Cleveland and Columbus stand to win big economically after being named host sites for future rounds of the NCAA men’s basketball tournament.

All four cities were chosen Tuesday to host games for the March Madness tournament but the biggest winner was the University of Dayton, which was chosen to extend its streak for hosting the First Four tournament at the UD Arena through 2022.

The tournament games bring in major revenue for hotels, airports, restaurants, bars and other businesses in the state. Those cities and several others in the state will also host NCAA championships for other sports too.

“Ohio is no stranger to hosting successful sporting events,” said Ohio Sen. Sherrod Brown. “Welcoming sports fans from across the country to Ohio is an opportunity to support local jobs and show visitors all our state has to offer.”

» MARCH MADNESS: NCAA First Four to spur economic growth in Dayton

Columbus and the Ohio State University were selected to host the first and second rounds of the 2019 Division I men’s basketball championship, and Cleveland will host the first and second round games of the Division 1 men’s basketball championship at Quicken Loans Arena.

The University of Cincinnati will host the first and second round games of the 2022 NCAA men’s basketball tournament, and the games will be played at U.S. Bank Arena. It’s the first time Cincinnati has hosted any round of the NCAA Men’s Basketball Tournament since 1992,and the bid was submitted in collaboration with U.S. Bank Arena, UC and the Cincinnati USA Sports Commission.

“We look forward to working with our membership, the cities and local organizing committees who may host for the first time, as well as the groups who will repeat as host sites,” said Joni Comstock, NCAA senior vice president of championships.

» RELATED: 5 things to know about NCAA First Four tournament in Dayton

The men’s basketball games alone generate billions of dollars in economic impact across the state. Last year, the Final Four had a projected economic impact of $300 million in the host city of Houston, and the First Four has generated $66 million in Dayton since 2001.

UD has hosted the games since the First Four’s inception in 2011, and the university’s history with the NCAA goes back farther than that. Now, they’ll build on that reputation for another five years — adding major dollars in economic impact for the city.

The Big Hoopla First Four Local Organizing Committee works “collaboratively to drive significant, long-term economic value for the Dayton region,” a university statement said. The Big Hoopla is comprised of Dayton business leaders like Dayton Development Coalition President Jeff Hoagland, Downtown Dayton Partnership Sandy Gudorf and JP Nauseef, president and CEO of Krush Technologies.

“Every year, there’s a tremendous effort to make sure we’re doing everything possible to create a great atmosphere, and ensure we bring this event to Dayton in the future,” said Jacquelyn Powell, president and CEO of the Dayton Convention & Visitors Bureau.

The university and committee both have worked to tailor the First Four experience for players and fans from the time they enter the city. When teams touch down at the Dayton International Airport, bagpipers play the schools’ fights songs and the celebration starts.

From the Dayton International Airport to local bars and restaurants, the games ramp up spending in the local community. Hotels are booked by out-of-towners, and hungry and thirsty fans takeover locals bars and other joints. The city and UD have been praised in the past for their hosting efforts.

“Dayton has proven it has the people, experience and enthusiasm to put on a world-class effort, and I look forward to seeing it continue to play a big role in future tournaments,” said Gov. John Kasich, in a previous statement.

The NCAA received more than 3,000 bid submissions from NCAA member schools, conferences, sports commissions and cities vying to championship rounds for different sports.

A total of 613 sites were awarded this cycle. Host sites had to meet adherence to several bid specifications, have ample lodging and hotels, and also had to able to create “what will be an exceptional experience for student-athletes.”

MEN’S DIVISION I BASKETBALL HOSTS IN OHIO

  • March 19-20, 2019 –University of Dayton Arena, Dayton
  • March 22 & 24, 2019 –Nationwide Arena, Columbus
  • March 20 & 22, 2020 –Quicken Loans Arena, Cleveland
  • March 17-18, 2020 – University of Dayton Arena, Dayton
  • March 16-17, 2021 – University of Dayton, Dayton
  • March 15-16, 2022 – University of Dayton, Dayton
  • March 17 & 19, 2022 –U.S. Bank Arena, Cincinnati

BY THE NUMBERS

11 Division I championship rounds or finals will be hosted in Ohio

4 Division II championship rounds or finals will be hosted in Ohio

8 Division III championship rounds or finals will be hosted in Ohio

5 National Collegiate rounds or finals will be hosted in Ohio

Source: NCAA

FIVE FAST BUSINESS READS

• LOCAL IMPACT: Another teen clothing retailer to close 400 stores

• Former Dayton firefighter starts Washington Twp. design company

• RETAIL ROUND-UP: 4 good announcements from stores this week

• After major growth, Allegiant looks to add more flights in Dayton

• JC Penney postponing store closures



Reader Comments ...


Next Up in Business

BBB warns job seekers about employment scams
BBB warns job seekers about employment scams

Finding a job can be a challenging task, and scammers know it. Better Business Bureau warns job seekers that not all job postings are legitimate. Some may misrepresent services, offer outdated or fictitious jobs or charge high upfront fees for services that may not lead to a job. Last year, there were over 1,300 complaints across the U.S., Canada and...
Parents get late start to back-to-school shopping
Parents get late start to back-to-school shopping

Nearly a quarter of parents haven’t started shopping for back-to-school items yet, and national retailers are feeling the impact. Of parents surveyed last week, only 13 percent had completed all their shopping, and 23 percent had not started at all, according to the National Retail Federation, which forecast families will spend $83.6 billion...
5 new flight options out of Cincinnati and Dayton airports
5 new flight options out of Cincinnati and Dayton airports

Air carriers have added dozens of new flights out of the Cincinnati/Northern Kentucky International Airport and the Dayton International Airport in the past year. Cincinnati’s airport just announced that WOW air will add services — bringing discount, international flights to travelers in Southwest Ohio. The low-cost transatlantic airline...
Starbucks introduces their own sushi burrito
Starbucks introduces their own sushi burrito

The coffee giant is at it again, this time jumping onto the sushi burrito bandwagon. Starbucks calls it a Chicken Maki Roll and lists it under sandwiches. The company has labeled the new concoction “a classic California chicken burrito with a twist,” according to the corporation’s press release. Unfortunately for us in Ohio...
Crowds line up in Springfield stores for $700M Powerball jackpot
Crowds line up in Springfield stores for $700M Powerball jackpot

With a near-record Powerball jackpot worth $700 million, a steady stream of customers filed into the Plum Food Mart in Springfield and other stores across Clark and Champaign counties on Wednesday. Plum Food Mart’s owners expected progressively bigger crowds as the clock ticked toward Wednesday night’s drawing, and the business planned...
More Stories