The NFL season kicked off last night, and while it’s bound to be an exciting one for football fans, it will apparently also be a costly one.
A new LendingTree survey finds:
- 67% of Americans will spend money on at least one item for the football season.
- The most popular thing people will spend money on is food and drink for game watching parties (26%), followed by:
- Food and drink outside the home (22%)
- Streaming service or cable TV to watch the games (22%))
- Merchandise (20%)
- Single game tickets (17%)
- Sports betting (10%)
- Fantasy football (10%)
- Season tickets (10%)
As for how much people expect to spend this football season:
- 22% say they’ll spend at least $1,000.
- More men than women will spend this amount (25% vs. 19%)
- Gen Z (27%) and Millennials (26%) are more likely to spend $1,000 or more as compared to older generations.
- 25% of people think it’s extremely or somewhat likely they’ll go into debt spending money on football.
And after not getting to see a game in person last year due to COVID, many people plan to splurge this year.
- 14% of people say they plan to splurge and attend a live game this year.
- 10% will splurge on merchandise.
- 9% will splurge on special seats
- 9% plan to splurge and travel to a game
- Overall, 20% of football fans do plan on attending a game in their city this season.
- 13% plan to go to a game in another city.
- 6% plan to travel to another state for a game.
Source:LendingTree
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