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Hosting '26 Winter Games Would Require Calgary To Use $2B In Public Funding

Published in SportsBusiness Daily on 06 / 20 / 17

The Calgary City Council yesterday learned that hosting the '26 Winter Games would require more than $2B (all figures C) in public funding and "risks running a massive operating deficit," according to a front-page piece by Annalise Klingbeil of the CALGARY HERALD. The Calgary Bid Exploration Co...

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05/16/17
USOC Posts $78.5M Surplus In '16

The USOC posted a $78.5M surplus on $336M in revenue during the ‘16 Rio Games year, benefitting from Games-time boosts in TV and sponsorship revenue, according to its annual IRS filing published yesterday. Team USA booked $173M in broadcast rights fees in ‘16, its share of what NBCUniver ...

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05/15/17
LA 2024 Impresses IOC In Evaluation Visit

LA 2024 last week "threw down the gauntlet" to rival bidder Paris with a plan that IOC Evaluation Commission Chair Patrick Baumann "said had no major risks and venues that he described as 'mind-blowing,'" according to Steve Keating of REUTERS. Baumann said, "Los Angeles is already a great Olymp ...

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05/12/17
Garcetti Wants More IOC Execs To See L.A.

L.A. Mayor Eric Garcetti said the city’s bid for the '24 Games would do better if not for IOC ethics rules that keep most voting members from visiting the city. "I feel stronger and stronger ... if we’d have the opportunity for 90-something IOC members to spend the kind of time -- which ...

Tags: Olympics

05/12/17
LA 2024 Show Existing Venues Strength

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Tags: Olympics

05/11/17
IOC Not Addressing A Dual Bid Selection

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Tags: Olympics

05/11/17
LA 2024 Promoting Budget, Venues To IOC

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Tags: Olympics

05/10/17
Probst Opens High-Stakes Meeting With IOC

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05/09/17
IOC Officials Visiting L.A. This Week

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05/08/17
Ticket Sales Slow For PyeongChang Games

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05/05/17
Wasserman Praises Trump's Support Of LA 2024 Bid

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