Football game to bring $300 million to Dallas - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

Football game to bring $300 million to Dallas

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DALLAS (AP) - The Dallas area is expected to see more than 60,000 out-of-state fans and $300 million in spending when it hosts the new college football championship game.

The Texas Comptroller's Office projected the economic impact when it approved a major events trust fund for the Jan. 12 game at AT&T Stadium in Arlington.

The trust fund is anticipated revenue set aside to help pay for expenses. The state estimates sales, car rentals, hotel rentals and alcohol taxes.

The Dallas Morning News reports (http://bit.ly/1t1C64g ) that the money earmarked for the game is the eighth-largest sum in the trust fund's 10-year history. That's roughly equal to spending on the Final Four basketball tournament held at the stadium earlier this year.

The spending is expected to generate more than $16 million in tax revenue.

Information from: The Dallas Morning News, http://www.dallasnews.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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