Results identified in an economic impact study.
The primary impact measures the initial first-round expenditures associated with tournament activities including tournament production, Tour player goods and services, spectator goods and services, hotels and lodging, media production, charitable contributions and sponsorship activities. The estimated primary impact is $8.35 million within Santa Clarita Valley. The induced, or multiplier, impact measures the subsequent rounds of respending the first-round primary impact expenditures in the region, which is estimated to be at $10.85 million. The total economic impact is the sum of the primary and induced impact, resulting in a $19.2 million impact on the greater Los Angeles region.