NFL: Seattle win costs Houston furniture man $7 million
The Associated Press
First Published Feb 03 2014 11:21 am • Last Updated Feb 03 2014 11:28 pm
Houston • Seattle’s victory in the Super Bowl has cost Houston furniture store mogul Jim McIngvale some $7 million.
McIngvale is the owner of one of the nation’s largest independent furniture stores, Gallery Furniture. He promised customers who spent at least $6,000 in the past two weeks and took delivery before Sunday’s game that he’d refund their purchase cost if Seattle won.
The Seahawks routed Denver 43-8.
McIngvale said Monday his accountant is "pulling his hair out." He says he didn’t do well financially, but did build his brand. He says the promotion was not covered by insurance.
Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
About Reader Comments
Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account
. See more about comments here.