Lions Owner Spoke To NFL About Missed Call NBA League Pass Ad-Free For Int'l Subs Dartmouth Coach Talks Tackling Dummy MLB Relaxes Pace-Of-Game For Playoffs Wisconsin, Under Armour Agree To Terms Minnesota Expected To Approve $166M Project Red Sox Ticket Prices Rising Slightly MLB Sees Record Wild Card Audiences In '15 Busch Brand To Sponsor Harvick's Ride Geico To Sponsor ECHL In Multiyear Deal
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.