At Tuesday's City Council meeting, the Sports Commission is expected to guarantee $50,000 to C-USA if it chooses El Paso over any other bidders. Brian Kennedy of the Commission said his group will also guarantee $100,000 in case there is that much in financial losses (poor ticket sales.)
Now if other entities (city/county) add guarantees in case of losses, that helps make El Paso look good to the conference. It would mean the conference is guaranteed to make money here.
The near week-long event is expected to mean a $3.5 to $4.5 million economic impact on El Paso's economy. The tournament will see 10 other conference members' men's and women's teams eat, sleep and recreate in El Paso.≤p≥ This year's event is at Tulsa. Here's some thinking: UTEP men's team is leading the conference this season, and there are no seniors on the squad. Conferences make money if the home team lasts at least into the championship game, and don't usually make much money if the host is knocked out early (ticket sales).
UTEP looks to be the team favorite next season, thus would be a good bet for C-USA.