Tag Archives: Chicago Marathon

Marathon Makes Money

The Chicago Marathon is a great money maker.   Last year, revenue was outstanding with a contribution of $378 million to Chicago’s economy.  In 2017 the figure was also high but $40 million less.

This year there were 45,857 participants in what was the 41st Bank of America Chicago Marathon.  Nearly 30 percent were visiting from overseas which is also great for tourism and the economy.  Further, it adds to Chicago’s prestige as a tourist destination.  Indeed, according to Mayor Lori E. Lightfoot:

 “The Bank of America Chicago Marathon is not only one of the largest and most prestigious marathons in world, but it is also an economic engine for our city – including a record-setting $378 million last year – that takes runners through 29 dynamic neighborhoods that together showcase our city’s diversity, history, and beauty. As mayor and as a fan, I look forward to joining Chicagoans and cheering on runners from all 50 states and more than 100 countries for the 42nd annual Bank of America Chicago Marathon.”

Jobs are also created from the marathon. For example, in 2018, 2,592 jobs were created, equaling $127 million in salaries.