Denver and Colorado officials officially started talking about the 2022 Olympic Games Saturday.
A hand-picked committee by Governor John Hickenlooper and Denver's Mayor Michael Hancock laid the groundwork for a three-month exploratory process on whether Colorado could and should host the Winter Games.
"Now, more than ever, the illusions of division threaten our very existence. We all know the truth: more connects us than separates us. But in times of crisis the wise build bridges, while the foolish build barriers. We must find a way to look after one another as if we were one single tribe.” -King T'Challa, Black Panther
The truth is incontrovertible. Malice may attack it. ignorance may deride it, but in the end, there it is. ~Winston Churchill
I think Governor Hickenlooper is asking the right questions and I would be interested to know what the financial benefits would be for the state and the cities (assuming not all of the events in a Winter Olympics could be held in one place) that would serve as the host. I have to assume that some facilities would have to be built or improved and in the past it seems that the local governments are looked to for the financing of these activities. Imagine the impact to traffic on I-70 if Vail, Aspen, or any of the other ski areas along I-70 were selected to host the skiing events. Would there be enough profit from the Olympics and associated business before and after the Olympics to cover what it cost to put the infrastructure in order to host the Olympics?
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
Pretty sure Otis, that I heard No place that has hosted a winter games has come out on top financialy. I think that is refering to the state, municipality, etc. The local economy probably benifits.
That's where my thoughts are going, if the state has the money and there are some obvious benefits to the local economy is it still a good choice? Many people would probably say it would be more appropriate to fund education and other issues that need funding. Ten years out it seems impossible to me to forecast what our collective financial situation will be.
I suppose there is some prestige to be had for hosting the Winter Olympics and facilities that were built to host the Olympics would be world renowned for a while but would any of that bring enough business in to the local economies to make it worth while?
Not a fair comparison but I'm thinking back to the bicycle race last summer that shut down parts of 285 as an example. Lots of money was laid out by the State and County governments and there where plenty of spectators but the disruption to traffic was a PITA and I can't say that local businesses where any better off. I'm not a local business owner either so what do I know? Then there is the nut job factor, what better place to set off a couple of bombs or kidnap an athletic team than the Olympics in the name of (insert cause here)?
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
Canada lost alot of money with thier Winter Olympics. They spent something like 8Billion dollars and only saw 2billion in return revenue.
But they do have a cool new convention center in Vancouver, and a giant Empty building.
Martin Ent Inc wrote: But if we do get them I'm thinking Curling. Old dudes can do that, and have a beer in between rolls.
And admire the women curlers.
The ultimate question; if you can drink a beer while you play is it really a sport? I suppose curling is one of those sports, think anyone will freak out if I show up on the ice wearing my track spikes and a snowmobile suit?
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
The Salt Lake Games faced a bribery scandal and some local opposition during the bid, as well as some sporting and refereeing controversies during the competitions. Nevertheless, from sporting and business standpoints, they were among the most successful Winter Olympiads in history; records were set in both the broadcasting and marketing programs. Over 2 billion viewers watched more than 13 billion viewer hours.[5] The games were also financially successful raising more money with fewer sponsors than any prior Olympic Games, which left SLOC with a surplus of $40 million at the conclusion of the games.
Looks like Romney led the charge when he helped pull those Olympics out of the red and made a few enemies by taking most of the credit, again, according to Wikipedia.