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Economic Impact Analysis of Virginia Tech Football

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2015-02-20

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Virginia Tech. Office of Economic Development

Abstract

This report estimates the economic contributions of Virginia Tech football to the New River Valley MSA and the Roanoke Valley MSA (NRRV). Virginia Tech football contributes economically to the NRRV in two ways. First, the Virginia Tech Athletics Department collects football revenue from outside the NRRV and spends it inside the region for its operations. Second, Virginia Tech football attracts visitors, who might not otherwise come to the region, and their spending puts new money in the regional economy.

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