Home >> National News >> Boston Marathon to Bring in $181.9 Million to Economy

Boston Marathon to Bring in $181.9 Million to Economy

BOSTON, April 14, 2015 – The 119th Boston
Marathon® on Monday, April 20, 2015, and surrounding Marathon-related
events including the John Hancock Sports & Fitness Expo and the
B.A.A. 5K, will bring an estimated $181.9 million (USD) in spending
impact to the Greater Boston region, according to Greater Boston
Convention & Visitors Bureau (GBCVB) President and CEO, Patrick
Moscaritolo. Held annually on Patriots‰Ûª Day, the Boston Marathon is the
world‰Ûªs oldest consecutively run marathon and ranks as
one of the world‰Ûªs most prestigious road racing events. The Boston
Athletic Association (B.A.A.) has managed and organized the Boston
Marathon since the event‰Ûªs inception in 1897.

 

This year, there will be more than 30,000
official participants in the Boston Marathon, including more than 5,400
participants from 86 countries outside the United States. In addition,
more than 1,200 members of the media from more than
200 outlets are expected to cover the Boston Marathon, providing the
Greater Boston region with unparalleled international exposure. 

 

‰ÛÏAfter a very difficult winter for Boston‰Ûªs
visitor economy we are all looking forward to this year‰Ûªs Boston
Marathon and the remarkable spending impacts this historic event brings
to our community,‰Û said Moscaritolo.

 

‰ÛÏThe B.A.A. and Boston Marathon welcomes
participants, spectators, and media members from around the world each
April, nearly all of whom will patronize Greater Boston‰Ûªs shops,
restaurants, hotels , and local businesses,‰Û said B.A.A. Executive
Director Tom Grilk. ‰ÛÏThis year we look to build off of the great
success that was the 2014 Boston Marathon, celebrating the spirit of
Boston and unity of our community.‰Û

 

The 2014 Boston Marathon generated $176.8
million (USD) and had a starting field of 32,458 athletes, second only
to the Centennial Boston Marathon in 1996 (38,708).

 

The estimated $181.9 million (USD) in spending impact will be generated from the following categories:

Total spending by 30,000 participants and their guests                                    $101.8 million (USD)

Charity fundraising by Marathon participants                                                      $25.0 million (USD)

Total spending by spectators & visitors                                                                  $30.0 million (USD)

Total sponsor and media-related spending                                                          $15.0 million (USD)

Total spending by the Boston Athletic Association                                            $10.1 million (USD)

 

TOTAL $181.9 million (USD)

 

For the 30th consecutive year, the principal
sponsor of the Boston Marathon will be John Hancock Financial Services.
John Hancock provided the first-ever prize purse for the Boston Marathon
in 1986 and has provided over $17.3 million (USD)
in prize money for the event. This year‰Ûªs prize purse totals $830,500
(USD), plus bonuses.

 

The John Hancock Sports & Fitness Expo will
be located at the John B. Hynes Veterans Memorial Convention Center at
900 Boylston Street from Friday, April 17, through Sunday, April 19.
This Expo is widely regarded as the running industry‰Ûªs
premier expo for new products and services and will feature more than
200 exhibitors and attract more than 100,000 attendees in 2015. Boston
Marathon participants must claim their bib numbers for this year‰Ûªs race
at the Expo.

 

Also among 2015 Marathon-related events is the
B.A.A. 5K on Saturday, April 18, two days prior to the Boston Marathon.
This year‰Ûªs B.A.A. 5K has an event record field size limit of 10,000
entrants. The 3.1-mile course starts and finishes
at historic Boston Common and takes participants across the Boston
Marathon finish line. More than 600 participants from outside of the
United States will participate in the event.

 

 

About the Boston Athletic Association (B.A.A.)

Established in 1887, the Boston Athletic
Association is a non-profit organization with a mission of promoting a
healthy lifestyle through sports, especially running. The B.A.A.‰Ûªs
Boston Marathon is the world’s oldest annual marathon, and
the organization manages other local events and supports comprehensive
charity, youth, and year-round running programs. Since 1986, the
principal sponsor of the Boston Marathon has been John Hancock
Financial. The Boston Marathon is part of the Abbott World
Marathon Majors, along with the international marathons in Tokyo,
London, Berlin, Chicago, and New York City. More than 60,000 runners
will participate in B.A.A. events in 2015. The 119th Boston Marathon
will be held on Monday, April 20, 2015. For more information
on the B.A.A., please visit www.baa.org.

 

Check Also

5 Sub-2:05 Men, 11 sub-2:23 Women & P Past Champions to Contest Boston Marathon (full lists)

John Hancock Announces 2019 Boston Marathon Elite Team 82 Elite Athletes, Including Olympians, Paralympians, World …

Leave a Reply

Do NOT follow this link or you will be banned from the site!
X