Published: Nov 01, 2012 10:56 PM EDT
Updated: Nov 02, 2012 12:56 AM EDT

COLLIER COUNTY, Fla - Two major lacrosse tournaments are coming to Naples in the next three weeks and the economic impact is more than $5 million dollars.

The first tournament starts this weekend at North Collier Regional Park. This is the second year the Paradise Shootout will be in Naples. Saturday 40 teams from all across the country will be here, not only playing lacrosse, but filling up hotels and restaurants.

Thursday at North Collier Regional Park, preparations were underway for the second annual Paradise Shootout.

"A number of colleges will be sending their head coaches as well as assistant coaches down to watch the talent of kids from all over the country," says Lee Corrigan.

Corrigan is president of Corrigan Sports Enterprises out of Baltimore Maryland. He says picking Naples as a tournament destination wasn't difficult.

"Naples is paradise and hence the name of the tournament, The Paradise Shootout," says Corrigan.

The country's top elite club teams will flock to these fields and spectators will fill the stands, but most importantly more than 2,500 visitors will fill local hotels.

"The economic impact is tremendous," says Ralph Pryor. "It brings in almost all out of state travelers so they're going to stay here."

Pryor has been instrumental in getting the Sports Council of Collier County off the ground and bringing major sports tournaments to Naples during the slow season.

"To get 300 room nights in early November is spectacular for us," says Jason Parsons, General Manager of Naples Beach Hotel & Golf Club. "We wouldn't have been sold out this weekend and now we are sold out so the economic impact speaks for itself. It's really great."

The men's tournament is expected to have an economic impact of $1 million and in two weeks The President's Cup will feature 150 of the country's top women's teams with an economic impact of $4 or $5 million.

"Whenever you can land a piece of business like this it's going to make its way to everyone. It trickles down left, right, south, north," says Parsons.

The tournament will be held at North Collier Regional park on Saturday and Sunday. There will also be a number of college coaches on hand hosting clinics throughout the day.

The President's Cup will be November 16-18.