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The Economic Impact Of Made In America

LOS ANGELES (CelebrityAccess) — Jay Z's two-day Made In America, which took place on Labor Day weekend in Los Angeles, will cost the city almost $475,570 in police overtime alone, the Los Angeles Times reported.

The overtime bill for the police is in addition to expenses related to safety inspectors, transportation and sanitation workers who were also involved in the event and subsequent cleanup.

Live Nation, the promoter of the event, had previously agreed to pay Los Angeles a $500,000 fee for use of city services during the event, as well as an additional $600,000 to Los Angeles County for services from the sheriff's department and for the use of the venue, Grand Park.

The festival, held in Los Angeles for the first time in 2014, was advocated for by Los Angeles Mayor Eric Garcetti, who touted the festival as a "cultural destination." Garcetti also pointed to the festival's economic impact for Philadelphia when it was staged there in 2013, suggesting that it infused as much as $10 million into the local economy.

The festival, which was co-sponsored by Jay Z, attracted approximately 70,000 fans over the course of two days and featured a lineup which included Kendrick Lamar, Las Vegas rock band Imagine Dragons and English DJ Gareth Emery. – Staff Writers