Study looks at economic impact of NCAA event

Visit Wichita commissioned the report

WICHITA, Kan - A study by Wichita State University said the NCAA men's basketball tournament brought millions of dollars to the Wichita economy last spring. 

The Visit Wichita convention and visitors bureau commissioned the study by the WSU Center for Economic Development and Business Research.   It looked at the local economic impact of the Division I first and second round tournament games that were played at Intrust Bank Arena. 

The study said out-of-town visitors brought in by the tournament generated an estimated $6.5 million in new economic activity in the area.   Local tournament attendees spent an additional $3.5 million.  There was an estimated $6.2 million in economic activity that was retained in the Wichita area as a result of the tournament.   That economic activity generated about $495,000 in tax revenue. 

Wichita will again host first and second round games in the NCAA men's tournament in 2021, and the city will be a regional host site for the women's tournament in 2022. 

 

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