• Loading stock data...
Friday, November 15, 2024
Want a chance to win $250? Take a few minutes to complete our survey and help us improve with your feedback! Take the Survey

Salt Lake City Requires $2.2B Budget for Winter Olympics

  • The Utah Olympic committee has projected that cost of hosting a future Winter Olympics in Salt Lake City.
  • Hosting in Salt Lake City would require a budget of up to $2.2 billion.
Salt-Lake-Olympics-Team-USA
Jeff Swinger-USA TODAY Sports/Design: Alex Brooks

The Utah Olympic committee has projected that hosting a future Winter Olympics in Salt Lake City would require a budget of up to $2.2 billion. 

Salt Lake City has yet to decide on whether it will submit a bid for 2030 or 2034, but the host of the 2002 Winter Olympics is in a position to be successful. A decision is expected following the Beijing 2022 Winter Olympics and Paralympics.

“Salt Lake is ready,” said USOPC chief executive Sarah Hirshland. “We don’t have to build anything. We don’t need to garner public support. We don’t have a lot of barriers.” 

Breaking Down the Costs

Salt Lake City beat out Denver, Colorado, and Reno, Nevada, as host for the next Winter Olympic and Paralympic Games. 

  • The budget is calculated using inflation to represent 2030 costs.
  • Operational costs are estimated to reach $1.75 billion
  • A $200 million contingency is included.
  • The remaining $250 million would be allocated toward legacy projects and winter sports.
  • No infrastructure costs are included in the projected budget. 

Holding the Winter Olympics in Salt Lake City in 2030 faces an uphill battle due to the 2028 Summer Olympics in Los Angeles. Two consecutive Olympics in the U.S. could pose logistical challenges and would require the two cities to jointly raise private funds to avoid heavy use of public money.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Vanderbilt Commodores quarterback Diego Pavia (2) throws the ball as Auburn Tigers take on Vanderbilt Commodores at Jordan-Hare Stadium in Auburn, Ala., on Saturday, Nov. 2, 2024. Vanderbilt Commodores defeated Auburn Tigers 17-7.

Vandy QB Pavia Sues NCAA for 2 More Years of Eligibility

Diego Pavia beat Alabama. Can he beat the NCAA’s eligibility rules?

Inside Cosm’s Plans for a Fourth Location—and Beyond

The downtown Detroit site will add to the city’s sports and entertainment district.

World Series Delivers 7-Year Ratings Record, Marking MLB’s Big Comeback

Viewership of the five-game win by the Dodgers soared by 74% over last year.

Money Well Spent: Dodgers Top Yankees in World Series

The financially robust MLB club wins its first full-season league championship since 1988.
podcast thumbnail mobile
Front Office Sports Today

NBA and TNT Want to Make It Work

0:00

Featured Today

Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
Members of the NY Giants run onto the field to start the game between the New York Giants and the Washington Commanders at MetLife Stadium in East Rutherford on Sunday, Nov. 3, 2024.
November 8, 2024

The NFL Is Becoming the League With No Borders

Where will the NFL go next? International expansion will only get bigger.
November 5, 2024

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion
November 2, 2024

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.

Premier League Transfer Spending Has Already Topped $2 Billion As Deadline Looms

Saudi Pro League teams haven’t yet matched their English counterparts.
August 11, 2024

Passing of the Torch: Los Angeles Set for Olympic Firsts in 2028

The city last hosted the Summer Olympics in 1984.
Paralympics Tiktok
August 25, 2024

The Wildly Successful Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
August 1, 2024

Saudi Arabia Submits Bold World Cup Bid That Includes a Cliffside Arena

The Saudis are proposing a new stadium in a futuristic city called Neom.
John John Florence (USA) surfs in men’s round two competition during the Tokyo 2020 Olympic Summer Games at Tsurigasaki Surfing Beach.
July 29, 2024

Olympic Surfers Won’t Get Their Full Paris Moment

‘We’re kind of separate off on our own little thing over here.’
Teahupo'o Tahiti Surfing
July 26, 2024

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 25, 2024

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.