As Super Bowl 58 came to a close, the talk about the Super Bowl wasn’t just about the game; it also focused on the high costs of attending, showing how some can afford luxury while many others struggle to afford basic needs.
Ticket prices started at $8,000 while prices for private suites were between $800,000 and $2 million.
These high prices were blamed on things like Taylor Swift's appearance to support her boyfriend Travis Kelce, the appeal of celebrity performances and the excitement of the Super Bowl being in Las Vegas for the first time.
Don't Miss:
- This Los Angeles startup is closing a real estate market gap worth hundreds of billions and you can invest in it with as little as $100.
- This startup is accepting investors for as little as 25 cents – what’s the catch?
Lisa McCaffrey, mother of NFL player Christian McCaffrey, expressed shock at the prices, highlighting the staggering expense of attending such events.
"We are not in a suite, I will tell you that. They are outrageously expensive. They are stupidly expensive. I don't know if it's the Taylor Swift factor or the first time in Vegas factor," said McCaffrey on a podcast.
While some can easily spend big on luxuries, millions of families in the U.S. don’t have enough to eat.
A recent report by the United States Department of Agriculture showed that more than 17 million households in the country struggle with not having enough food, showing that many Americans face serious financial challenges.
Trending: Here is where your most successful angel investment may be hidden.
"The 2022 prevalence of food insecurity was statistically significantly higher than the 10.2 percent recorded in 2021 (13.5 million households) and the 10.5 percent in 2020 (13.8 million households)," according to the report.
The stark disparity between the extravagant costs of Super Bowl tickets and widespread food insecurity gripping a significant portion of the population serves as a poignant reminder of the deep-rooted economic inequalities in society. While some can indulge in luxury, many others are left grappling with the fundamental challenge of putting food on the table for their families.
Read Next:
- Join the ranks of investors like Bill Gates and Mark Cuban by tapping into early-stage startups. Get the inside scoop on this innovative startup here.
- Are Wall Street’s days numbered? This startup’s game-changing solution could disrupt finance forever.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.