The IOC will study the numbers later this month and is expected to officially award the 2034 Games to Utah's capital at a meeting on July 24 in the lead-up to…
The IOC will study the numbers later this month and is expected to officially award the 2034 Games to Utah's capital at a meeting on July 24 in the lead-up to the Paris Olympics.in Salt Lake City released their first budget estimate Monday, projecting total costs of just under $4 billion, with $2.84 billion of that slated for operational costs.
Olympics are notorious for coming in over budget, and also for being difficult to track money-wise — in part because of the different elements that make up “operating” and “total” costs and also because of an often-opaque process used in filtering those numbers through governments and the IOC to the public.
Four years later, South Korea spent $12.9 billion for the 2018 Games that were originally projected at between $7 billion and $8 billion.
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