Republican strategist Karl Rove’s American Crossroads super PAC became the worst performing outside group of the election cycle on Tuesday with a success rate of just 1 percent on the more than $103 million in ads that it ran.
An analysis by the Sunlight Foundation found that American Crossroads spent $103,559,672 and none of the candidates it supported won. The group did see a small “return on investment” by spending 1.29 percent of its ad money on opposing two losing candidates.
American Crossroads spent $84 million opposing President Barack Obama and another $6 million in support of Republican presidential nominee Mitt Romney. Rove had predicted that Romney would win at least 285 electoral votes and later refused to accept the fact that his candidate had lost, virtually halting coverage of the election as Fox News was forced to explain the network’s call to him on Tuesday night.