Salt Lake City-Utah Committee for the Games President Fraser Bullock said that "cutbacks will be considered when Utah next hosts an Olympics" due to the financial impact from the coronavirus pandemic, according to Julie Jag of the SALT LAKE TRIBUNE. Other facilities in addition to the ski jumps and bobsled tracklocated on site include a 2002 Winter Olympics and Ski Museum, day lodge, summer aerial training spla… We make the field of play the best in the world. And they just want to compete.

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Japanese organizers are having to cut nearly $300 million from their budget, Bullock said. Everything else behind the scenes can be scaled down.”. You know, we’ve all been chomping at the bit to be able to get moving forward, to be able to really bring the Games back,” Cindy Crane the committee’s chairwoman, told reporters at a news conference held after a meeting of the bid’s governing board. In 2002, Salt Lake hosted the Olympic Winter Games. The budget for another Salt Lake City Olympics is on its 35th draft, Bullock said. SALT LAKE CITY — The price tag for hosting another Olympics in Utah is going to be higher than the $1.35 billion estimate released two years ago, according to leaders of the effort to bring another Winter Games to the state as soon as 2030. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Cookies are used for measurement, ads and optimization. Here are his insights from a TedXSaltLakeCity lecture. 12 Cougars play host to 1-5 Texas State on Saturday looking to complete a sweep of Lone Star State teams, all while trying not to look ahead to more difficult games on the horizon. There may be an update on the budget at their first meeting since February, expected to be held sometime next month. To learn more or opt-out, read our Cookie Policy. Will Utah kids be out gathering candy on Halloween? Also, what would amount to $4 million today to pay for cancellation or postponement insurance will likely fall far short after the Tokyo Olympics were delayed, he said, adding that organizers of the 2002 Winter Games spent about $2.5 million on a cancellation policy that would have provided $150 million.

Our blog is the source for everything you need to know about the city. Here are 7 things Collin Kartchner said about how to #SavetheKids from social media. The 2002 Winter Games in Salt Lake City were among the very few Olympics to turn a profit. Catherine Raney, a four-time Olympic speed skater, said the ceremonies and souvenirs are just window dressings. “You know, they have been training for 10, 15 years straight, and this is their dream and this is the pinnacle. “And so that just really gives us a leg up to be to be able to put on the games and to be able to provide that experience to the athletes.”. That could produce hundreds of millions of dollars of savings, though that is but a fraction of the approximately $15 billion the Tokyo Games were expected to cost even before the delay. The Utah Olympic Park is a winter sports park built for the 2002 Winter Olympics, and is located 28 miles (45 km) east of Salt Lake City near Park City, Utah, United States. ", ‘We will play whoever wants that smoke’: BYU still working to upgrade its pandemic-depleted schedule. All rights reserved. Bullock was speaking Wednesday following the first board meeting of the SLC-Utah Committee for the Games since it formed in February. The 2020 Tokyo Summer Games were supposed to start this weekend. Although there were risks associated with the 2002 Winter Games, the first major international event held after the Sept. 11, 2001, terrorist attacks against the United States, Bullock said “risk is now a capital ‘R’ and we need to look at every element to make sure we protect the state and the communities from any financial obligation.”. Trick or treat? But, Bullock said, the cost of inflation over the next decade could raise the price tag between 30-36%, so he’s welcoming any ideas for places to trim the fat.



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