MVP Von Miller is bad news for markets


Von Miller #58 of the Denver Broncos forces Cam Newton #1 of the Carolina Panthers to fumble the ball during the fourth quarter of Super Bowl 50 at Levi's Stadium on February 7, 2016 in Santa Clara, California. Getty Images
Von Miller #58 of the Denver Broncos forces Cam Newton #1 of the Carolina Panthers to fumble the ball during the fourth quarter of Super Bowl 50 at Levi’s Stadium on February 7, 2016 in Santa Clara,
California.
If the AFC’s Super Bowl success wasn’t enough to spook the market, that might do it. (The market historically has had subpar years after AFC wins, rising 3.6 percent on average.)
Read More What was Super Bowl 50’s most talked about ad?
The last time an AFC defensive player nabbed the MVP hardware was in 2001, when Ray Lewis’ Baltimore Ravens were champions in a year that cost investors nearly 12 percent. The only other time it happened, in 1973, the S&P 500 pared more than 14 percent after Miami Dolphins safety Jake Scott recorded two interceptions on the way to a Super Bowl VII victory.
In Sunday night’s defensive matchup, the market would have preferred any of the Carolina Panthers defenders to win. Correlation may not mean causation, but of the six years an NFC defensive player won MVP, markets rose an average of 14 percent.
There’s a silver lining for investors, at least if they’re not also Panthers fans: The two years the Denver Broncos won the Super Bowl (1998 and 1999), markets added 28.34 percent and 20.89 percent.
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