Houston Furniture Icon “Matress Mack” Loses $7 Million on Super Bowl Sales Stunt!
Jim "Mattress Mack" McIngvale is out $7 million this morning after losing a Super Bowl bet with his customers.
The Houston furniture magnate said that if the Seattle Seahawks won the Super Bowl, he would give a full refund to anyone who spent $6,000 or more in the previous two weeks and had their furniture delivered by 5pm Sunday.
Seattle defeated the Denver Broncos 43-8.
Gallery Furniture announced on its website after the loss that Mattress Mack would be giving $7 million in refunds.
Mattress Mack is known for his wild promotions. Last month, he's reported to have lost more than $600,000 over store deals made during the AFC and NFC championship games.
Just to note it is also being reported he did NOT take out an insurance policy against his latest stunt which, if true, has got to hurt worse than anything the Broncos did ( or didn't do) last night.
So how was YOUR Sunday?