Economic impact grew to $44.3 million for the CIAA this year, a 19% increase over 2010, according to figures compiled by the Charlotte Regional Visitors Authority. The 2011 tournament ended March 5.
“This is a great time for the CIAA,” CIAA Commissioner Leon Kerry said in prepared remarks. “Not only have we reached the goals we set for this year’s tournament, but we’ve continued to raise the bar to provide our alumni and fans with a new and exciting experience each and every year.”
CIAA Tournament Soars to New Heights
HAMPTON, Va. – The Central Intercollegiate Athletic Association’s (CIAA) 66th annual men’s and women’s basketball tournament soared to new heights in 2011 by breaking previous economic impact and attendance records.
According to the Charlotte Regional Visitors Authority (CRVA), the 2011 CIAA Tournament accounted for a total economic impact of $44.3 million* over the six-day Tournament period; a 19 percent increase from 2010. Overall attendance for official CIAA and Uptown functions increased to over 190,000** as the multitude of event options continued to bring fans to the area. The Tournament is unique in its ability to draw loyal fans from across the country who continue to support the Conference, as well as, those who just want to be “part of the scene” – much like the Superbowl or NBA All-Star Weekend.
Videographer: SportsGrooveTV
The CIAA increased its ticket revenue to $2 million, a five percent increase from 2010, maintaining the momentum through its loyal fans that view the Tournament week as an absolute must-attend annual event.
“Year-after-year we have seen the validation of Charlotte as a destination for the CIAA men’s and women’s basketball tournament and the reunion of its alumni, friends and family. Charlotte has embraced the CIAA, its history and its importance in the lives of those who attend,” said Tim Newman, CEO of the Charlotte Regional Visitors Authority. “We are so fortunate to have grown this not only into a $44 million record year in 2011 in terms of economic impact to the Charlotte region, but one that we can truly say has initiated lifelong friendships and memories.”
The week-long Tournament made Charlotte its home in 2006 and together the CIAA and the city of Charlotte have produced a series of successful tournaments for the member schools, its fans and sponsors, and the local community. The CIAA’s marquee event showcased its rich tradition and prestige as the Conference celebrated 99 years of existence in 2011 as a prelude to the CIAA’s 100th anniversary celebration – February 27 through March 3, 2012 in Charlotte.
“This is a great time for the CIAA. Not only have we reached the goals we set for this year’s Tournament, but we’ve continued to raise the bar to provide our alumni and fans with a new and exciting experience each and every year, none of which is possible without the help of our corporate sponsors and our partners in Charlotte,” says Leon Kerry, CIAA Commissioner. “The CIAA is excited with the momentum we have generated leading into the CIAA’s 100th anniversary celebration in 2012. We have the support of our loyal fans, member institutions and sponsors. As a team, we’re constantly enhancing the Tournament and affiliated activities to ensure the ‘CIAA Experience’ is as strong as ever.”
The CIAA generated $1.55 million in scholarship dollars, which will be split amongst the 13 member institutions providing educational opportunities for students to attend any CIAA school.
The CIAA welcomed back Winston Salem State University and Lincoln University (PA) during the 2011 Tournament. The Tournament also proved successful from a corporate standpoint, as sponsor support and activation programs remained active with the addition of Toyota as the CIAA’s new automotive partner.
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