Salt Lake City’s bid to host the 2034 Winter Olympics just dropped its first budget projections: a cool $4 billion! $2.84 billion of that covers operational costs—like organizing events and keeping the lights on—while the rest supports logistics and community programs.
Same Venues, New Vibes
No shiny new stadiums here! The city plans to reuse and upgrade facilities from the 2002 Games, avoiding costly construction. Think of it as the ultimate sustainability glow-up.
Budgeting Like a Pro
Olympic budgets are notoriously tricky (think: Russia’s $51B splurge in 2014 ). But Salt Lake’s team claims their operational costs are actually 1% lower than 2002, adjusted for inflation—even with 40% more events planned!
Will They Break Even?
Organizers are banking on $1.8 billion from sponsorships to balance the books. A $260M legacy fund for local sports programs is also in the mix, but let’s hope the math adds up!
\"Olympic budgeting is… an unofficial Olympic sport,\" joked bid COO Brett Hopkins. With the IOC’s final vote on July 24, all eyes are on Utah.
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$2.84 billion of that covers operational costs—like organizing events and keeping the lights on—while the rest supports logistics and community programs.
). But Salt Lake’s team claims their operational costs are actually 1% lower than 2002, adjusted for inflation—even with 40% more events planned!
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