Salt Lake City Olympics Bid Projected to Cost $4 Billion

The cost of bringing the 2034 Winter Olympics back to Salt Lake City, Utah, is projected to total just under $4 billion, including $2.8 billion in operational costs, organizers of the effort said on June 10. The good news for taxpayers is that the whole event would be privately funded. With the help of a targeted $1.8 billion in domestic sponsorships, ticketing, and hospitality revenues, the Salt Lake City-Utah Committee for the Games expects to break even. Although the event has grown 40 percent since Salt Lake City first hosted the Games in 2002, the city’s existing infrastructure is estimated to lower operational costs by 1 percent this time around, when adjusted for inflation....