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Cryptocurrency News Articles
What Would Have Happened If You Invested the Cost of Super Bowl Tickets in Bitcoin Over the Last 14 Seasons?
Feb 09, 2025 at 12:30 am
The Kansas City Chiefs have won the last two Super Bowls and are attempting to be the first NFL team to win three in a row in Super Bowl LIX.
Fans of the Kansas City Chiefs will have the opportunity to attend Super Bowl LIX in New Orleans and watch their team attempt to become the first NFL franchise to win three consecutive Super Bowls.
While some fans will pay thousands of dollars for a ticket to the big game, millions of others will watch from the comfort of their home or at a Super Bowl viewing party.
Here's a look at what would have happened if a person invested the amount they would have spent on Super Bowl tickets for the last 14 seasons in Bitcoin (CRYPTO: BTC) instead.
What Happened: Bitcoin was launched in January 2009, with the first 50 BTC mined. The launch of the cryptocurrency, which today is the largest by market capitalization, followed a whitepaper that was released in October 2008.
It took several years for Bitcoin transactions to reach mainstream and it to become easier for users to buy and sell the cryptocurrency on major exchanges.
One of the first-ever recognized Bitcoin transactions happened in October 2009 when a Finnish computer student sold 5,050 Bitcoin for $5.02. Less than a year later, in May 2010, one of the most famous Bitcoin transactions of all-time took place when programmer Laszlo Hanyecz sought out a person to buy him pizza in exchange for Bitcoin.
A person in England spent around $41 to buy pizza from Papa John’s for Hayecz in what is widely believed to be the first retail transaction using Bitcoin.
Today, investors can buy and sell Bitcoin across many cryptocurrency platforms and stock brokerages. Bitcoin is also an acceptable payment form in several places.
Mark Yusko, who is the founder of Morgan Creek Capital and Managing Partner of Morgan Creek Digital, shared on X, formerly known as Twitter, that investing in Bitcoin over Super Bowl tickets is his advice.
“Every year, I advise people to take the money they would have spent on Super Bowl tickets and buy Bitcoin instead,” Yusko said.
Related Link: 7 Things To Know About Bitcoin In 2024
Investing In Bitcoin Over Super Bowl Tickets: The price of Super Bowl tickets has risen almost every year and continues to be one of the most expensive sporting events annually.
Sometimes fans shell out thousands to go and support their team and other times fans of the National Football League go to celebrate the potential once in a lifetime opportunity or because the Super Bowl is in a city near where they live.
Here’s a look at how much a ticket to the Super Bowl cost each year since 2012 using data from various sources, including GoBanking, and how much Bitcoin a person could buy with the ticket money instead. The value of Bitcoin today is based on a price of $95,922.53 at the time of writing.
Year Ticket Price Bitcoin A Person Could Buy
2024 $7,760 0.081
2023 $6,680 0.070
2022 $6,680 0.070
2021 $6,680 0.070
2020 $6,680 0.070
2019 $6,680 0.070
2018 $6,680 0.070
2017 $6,680 0.070
2016 $6,680 0.070
2015 $6,680 0.070
2014 $5,680 0.059
2013 $4,680 0.049
2012 $3,680 0.038
Total $57,760 314.109In total, buying Super Bowl tickets the last 14 seasons would have a cost of $57,760 per person. This amount invested each year in Bitcoin instead could have generated a sizable return.
In total, the person would have over 314 Bitcoin and have turned their investment of $57,760 into $30,161,220.26.
For comparison, investing the amount of the Super Bowl ticket in the SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the S&P 500, would have generated much smaller returns of $203,867.
A trip to a Super Bowl can be a once in a lifetime experience, but for many
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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