Super Bowl 2023: Everything you need to know about the finances and the big game
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Super Bowl 2023: Everything you need to know about the finances and the big game
Super Bowl 2023: Everything you need to know about the finances and the big game
Super Bowl LVII is almost set to kick off, but it's not just about the teams taking the field. The big game is a billion dollar business. Major companies like T-Mobile (TMUS), Budweiser (BUD), General Motors (GM), Netflix (NFLX) and Uber (UBER) and set to spend millions of dollars to air a commercial during the broadcast. Betting will also take center stage, with over 50 million people expected to wager billions on sites like DraftKings (DKNG), MGM (MGM) and more. Food prices will also dominate the night; while chicken wings and avocados are cheaper this year, beer prices are on the rise. Yahoo Finance's Seana Smith, Dave Briggs, Josh Schafer and Alexandra Canal take a look at the finances behind the big game. Key Video Takeaways. 05:00 - DraftKings CEO Jason Robins 11:45 - Governor Katie Hobbs, (D) Arizona 18:00 - Philadelphia Eagles Defensive Tackle Ndamukong Suh 30:00 - Halftime show expectations 42:00 - the big business of Super Bowl ads 49:00 - How stocks perform based on the winning team 55:00 - Rising food costs
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Super Bowl 2023: Everything you need to know about the finances and the big game57:44
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Super Bowl LVII is almost set to kick off, but it's not just about the teams taking the field. The big game is a billion dollar business. Major companies like T-Mobile (TMUS), Budweiser (BUD), General Motors (GM), Netflix (NFLX) and Uber (UBER) and set to spend millions of dollars to air a commercial during the broadcast. Betting will also take center stage, with over 50 million people expected to wager billions on sites like DraftKings (DKNG), MGM (MGM) and more. Food prices will also dominate the night; while chicken wings and avocados are cheaper this year, beer prices are on the rise.
Yahoo Finance's Seana Smith, Dave Briggs, Josh Schafer and Alexandra Canal take a look at the finances behind the big game.
Key Video Takeaways.
05:00 - DraftKings CEO Jason Robins
11:45 - Governor Katie Hobbs, (D) Arizona
18:00 - Philadelphia Eagles Defensive Tackle Ndamukong Suh
30:00 - Halftime show expectations
42:00 - the big business of Super Bowl ads
49:00 - How stocks perform based on the winning team
55:00 - Rising food costs
Video Transcript
DAVID BRIGGS: Hey, everybody, Dave and Seana. We got an hour of big game coverage coming for you. The quarterback match-up-- Jalen Hurts versus Patrick Mahomes.
SEANA SMITH: And we are talking to him Ndamukong Suh of the Eagles. A huge game on Sunday. He'll obviously be involved with that. We'll talk about the game, also, his investments. Fun fact, he's buddy-buddy with Warren Buffett.
DAVID BRIGGS: And one analyst says Apple could win the Super Bowl. We'll tell you why. Also, how much it costs to go to the game and stay home, even to buy those chicken wings.
SEANA SMITH: Yeah, those prices are racking up there. And, also, the number of people expected to bet on the Super Bowl-- 50 million Americans, one of the big prop bets, what's going to be the color of that Gatorade shower? What do you think?
DAVID BRIGGS: I'm going red.
SEANA SMITH: I'm going orange. I was going to go yellow. Reds a bold bet. I like it. We will see who the winner is.
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