Legacy of 2002 Winter Olympics lives on in Utah's economy

By Scott Haws, Deseret News

Published: Tuesday, Feb. 21 2012 11:37 a.m. MST

Workers load giant signs on to a truck in Olympic Square in Salt Lake City the day after the closing ceremony of the Salt Lake 2002 Winter Olympics on Monday, Feb. 25, 2002.

Laura Rauch,Associated Press

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Summary

There's no doubt the Salt Lake Games of 2002 were a huge success, garnering praise from officials and athletes from all over the world. But along with the Olympic legacy that every host city enjoys in the years that follow, there's the economic legacy.

SALT LAKE CITY — There's no doubt the Salt Lake Games of 2002 were a huge success, garnering praise from officials and athletes from all over the world. But along with the Olympic legacy that every host city enjoys in the years that follow, there's the economic legacy.

There was a lot of uncertainty in the first couple of years after the Olympics.

The Salt Lake Olympics was the most expensive winter Olympics in history with a budget of nearly $2 billion. While much of that came from private sources like television networks, local, state and federal taxpayers footed an estimated $625 Million of that.

Read the entire story online here.

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