Robert Baumann
In a story about the Stanley Cup finals being played in Boston and the boost the event could bring to local businesses, Robert Baumann, associate professor of economics at the College of the Holy Cross, “contends that championship games might not generate the economic windfalls some claim. It’s difficult to quantify the financial benefits of major sporting events such as the Stanley Cup finals,” he said.
“There’s an indirect advertising effect [as a result of] having your city in the spotlight for two weeks, but we’ll never be able to measure how much that impacts Boston.”
This “Holy Cross in the News” item by Kristine Maloney.
A winning Bruins team should bring in more spectators next year. You could compare the sales from last in the restaurant and bars near the Garden. Just having the Bruins in the playoffs brought in more money. Go down and ask any bartender. The newspapers said that a million people will attend the parade. I’m not sure it’ll be that much, but whatever it is it’s better than nothing.