Judge Dismisses NFL Painkiller Lawsuit MLB "Monitoring" U.S.-Cuba Relations Nationwide Increasing NHL All-Star Presence Aspen Could Lose '17 FIS Event Garcia Resigns From FIFA Committee DC United Stadium Plan Approved Luck Leaving WVU For NCAA Tommy Hilfiger Signs Nadal As Endorser Twitter Me This Minding My Business: UFC's Clint Cox
USOC Names Working Group On Possible Future Olympic Bid
Published August 28, 2012
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
The pros of bidding for a Summer Olympics are that the USOC would stand to bring in more revenue and host an event with wider appeal to Americans. The cons are that it will face more competition and have to convince an elite U.S. city to pay for a bid, which can cost more than $70M. The pros of bidding for a Winter Olympics are that a bid likely would face less competition and cities already are interested in bidding, including Salt Lake City, Denver and Reno-Lake Tahoe. The cons are that the Winter Games would generate less money and not have as broad an appeal.
A study that the USOC commissioned last year showed the difference in revenue generated by a Summer and Winter Games was marginal.