SANTA CLARA — As Levi’s Stadium enters its10th season, a new report released Monday from the San Francisco 49ers says the venue has generated more than $2 billion to the local economy in Santa Clara County since it opened.
The 81-page report, which was compiled by marketing and research firm SportsEconomic, LLC, said $350 million went to the city of Santa Clara and the Stadium Authority through hotel and sales taxes, ticket surcharges, city parking fees and stadium rent. The report used surveys and data gathering during events, as well as previous public research and government data to compile the information.
During the last fiscal year, Santa Clara paid off about $35 million of its debt on the stadium, leaving $245.2 million remaining. The stadium hit its debt peak in March 2014 at $653.4 million. In the coming years, Levi’s Stadium is expected to host several more large scale events including the 2026 FIFA World Cup and Super Bowl LX. In 2016, the stadium hosted Super Bowl 50, which had an economic impact on the region of $240 million, according to the Super Bowl 50 Host Committee.