
When the NFL draft comes to town, the host city’s hotels, bars and restaurants fill, while its downtown gets three days of national exposure.
Detroit’s 2024 draft drew more than 775,000 fans and generated a reported US$214 million in economic impact, including $161 million in visitor spending, according to The Associated Press. Visitor spending is the money directly spent by visitors coming into the city for the event, whereas the economic impact includes the ripple effect of money circulating before, during and after the event – like restaurants buying more food from suppliers, hotels hiring extra staff, and vendors purchasing additional inventory.