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Old 02-22-2010, 09:57 AM
 
1,588 posts, read 3,562,745 times
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USOC won't bid for 2020 Games

Heavy Medal - USOC won't bid for 2020 Games

Recently rebuffed in its attempt to hold the 2016 Summer Games in Chicago, the U.S. Olympic Committee does not plan to enter a U.S. city in the race for the 2020 Summer Games and remains uncertain about when it will next attempt to bring a Games to U.S. soil, U.S. Olympic Committee Chief Executive Scott Blackmun said Saturday morning.

"The cold and hard reality is Chicago spent approximately $80 million on its bid," Blackmun said. "It's going to be difficult to get U.S. cities to continue to invest to that level unless they think they have a realistic chance of winning. The IOC sent us a message, loud and clear, that they don't want the Games to be in the United States."

Blackmun also said: "Unless we get some signs from the IOC, I think it's highly unlikely we would mount a bid on our own initiative."
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Old 02-22-2010, 10:49 AM
 
7,848 posts, read 18,271,767 times
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Quote:
Originally Posted by jufrbo View Post
Pretty sure I've heard every city that hosts the olympics actually loses money. It isn't profitable at all.

Baghdad would be a cool one, but who knows what it will be like in ten years.
The 1996 Atlanta Olympics were profitable...as were the 1984 Los Angeles Olympics. Even with all of the unwarranted criticisms, both cities did it the right way.
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Old 02-22-2010, 10:56 AM
 
Location: Huntington Beach, CA
5,847 posts, read 11,021,296 times
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Olympic Games Profits Since 1984

1984: Los Angeles Olympic Games made profits of US $250 million.

1988: Seoul Olympic Games made profits of US $300 million, a record high for a government-run Olympiad.

1992: Barcelona Olympic Games made profits of US $5 million.

1996: Atlanta Olympic Games made profits of US $10 million.

2000: Sydney Olympic Games Organizing Committee generated an income of US $1.756 billion.

2004: Athens Olympic Games ended in a lost

Source: Beijing Olympiad: Profit or Loss? (I'm sure there are other sources)
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Old 02-22-2010, 10:58 AM
 
Location: Huntington Beach, CA
5,847 posts, read 11,021,296 times
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I also think LA turned a $1 million dollar profit in 1932. Not bad in a depression era Olympic Year
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Old 02-22-2010, 12:39 PM
 
7,848 posts, read 18,271,767 times
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Quote:
Originally Posted by DinsdalePirahna View Post
Olympic Games Profits Since 1984

1984: Los Angeles Olympic Games made profits of US $250 million.

1988: Seoul Olympic Games made profits of US $300 million, a record high for a government-run Olympiad.

1992: Barcelona Olympic Games made profits of US $5 million.

1996: Atlanta Olympic Games made profits of US $10 million.

2000: Sydney Olympic Games Organizing Committee generated an income of US $1.756 billion.

2004: Athens Olympic Games ended in a lost

Source: Beijing Olympiad: Profit or Loss? (I'm sure there are other sources)
...and the majority of Atlanta Olympic venues have had high usage since 1996 - a claim that most Olympic cities simply can't make. We weren't stuck with paying off an Olympic stadium that's sitting empty for years following the Games.

(I'm not sure I exactly have faith in the above numbers from China.org.cn)
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Old 02-22-2010, 01:18 PM
 
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Denver might work, as they have the facilities and actually won the bid for the 1976 Winter Olympics, but turned it down due to costs and possible environmental impact: 1976 Winter Olympics - Wikipedia, the free encyclopedia
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Old 02-22-2010, 06:58 PM
 
Location: Huntington Beach, CA
5,847 posts, read 11,021,296 times
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Quote:
Originally Posted by DeaconJ View Post
...and the majority of Atlanta Olympic venues have had high usage since 1996 - a claim that most Olympic cities simply can't make. We weren't stuck with paying off an Olympic stadium that's sitting empty for years following the Games.

(I'm not sure I exactly have faith in the above numbers from China.org.cn)
I'm sure there are other numbers around. I don't really give a Chinese Website much credibility either.

Besides Eric Rudolf and the Chevrolet's disgraceful pre-opening ceremony show, I think the Atlanta Olympics were pretty good. Atlanta now has some nice facilities. Lake Lanier is a premier regatta venue.
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Old 02-23-2010, 11:47 AM
 
7,848 posts, read 18,271,767 times
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Quote:
Originally Posted by DinsdalePirahna View Post
I'm sure there are other numbers around. I don't really give a Chinese Website much credibility either.

Besides Eric Rudolf and the Chevrolet's disgraceful pre-opening ceremony show, I think the Atlanta Olympics were pretty good. Atlanta now has some nice facilities. Lake Lanier is a premier regatta venue.
Exactly...I had never before heard that the Seoul Olympics were the most profitable in history!
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Old 07-08-2010, 08:08 AM
 
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New Orleans would be a good host for 2024 olympics. this gives new orleans enough time to bid and plan ahead
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Old 07-08-2010, 09:05 AM
 
Location: Up on the moon laughing down on you
18,509 posts, read 28,169,813 times
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Quote:
Originally Posted by jluke65780 View Post
I though it would be beautiful to see the runners running through Houston's breathtaking picturesque refineries and ports.
which ones?
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