in_the_media

Luxury suites rule in professional sports revenue

Media Outlet: 

CNBC

All 137 luxury suites at this year's Super Bowl were sold out months ago. With a minimum reported price of $80,000 per box, luxury suite revenue has turned into one of the most dominant forces in sports. "Luxury suites have been growing in importance since the 1990s and are an essential part of any new stadium being built," said Emily Sparvero, an assistant professor at Temple's Sport Industry Research Center.