Bashing this year’s Super Bowl city

super bowl xl.jpgYesterday’s league championship games decided that the Steelers and the Seahawks will tangle in Super Bowl XL, but it remains decidedly unclear whether this year’s big game in Detroit will be the hot ticket of Super Bowls past.
As noted in previous posts here and here, last year’s Super Bowl host city Jacksonville was ill-equipped to handle the logistical demands of handling the Super Bowl. Now, as Phil Miller notes in this post, Detroit is getting even a worse reaction from from prospective Super Bowl attendees than Jacksonville:

With the NFL’s first cold-weather Super Bowl in 14 years, and only the third one in the event’s 40-year run, just three weeks away, many of the firms that arrange Super Bowl hospitality trips report that clients are not as eager to go this year.
The tepid response is largely due to the expected cold weather, with the average high termperature in February in Detroit at 36 degrees. That combined with the city’s lackluster reputation, have led some clients to depart for other locales such as Vegas and the Caribbean for viewing parties, or simply taking a pass and booking early for the 2007 game in south Florida.

Well, so much for building a stadium to get a Super Bowl to promote the city!
That’s from the latest issue of the Sports Business Journal. The article starts out by mentioning that Dan Marino and John Elway will be raising money for their charities during Super Bowl week – in Las Vegas. Ouch!

Speaking of football, here is a nice story about a couple of football fans who have a special interest in the upcoming Super Bowl.

Flying the friendly chapter 11 skies of United

UAL-logo12.gifAfter wallowing over three years in chapter 11, United Airlines parent UAL Corp. finally emerged from bankruptcy this past Friday (previous posts here) amidst the usual wave of optimism that greets such achievements. Recent trading in bankruptcy claims and UAL’s unsecured bonds indicates that the reorganized UAL’s stock might perform better than anticipated, which would generate more for unsecured creditors than the estimated four to eight cents on the dollar dividend that UAL estimated during the disclosure and confirmation hearings in regard to its chapter 11 plan.
Count me as not so bullish on the reorganized UAL’s prospects.

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