In our opinion: Utah must weigh costs and benefits in Olympic bid

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  • EPJ Grantsville, UT
    Oct. 25, 2017 6:49 a.m.

    Save the taxpayers billions of dollars by not playing the bribery and graft games.

    Use a fraction of that amount to increase the state tourism advertising budget. Advertise the honest claim of already having many top-notch Olympic-quality facilities and ski resorts. Capitalize on those assets and we can gain the same attention.

  • 1covey Salt Lake City, UT
    Oct. 23, 2017 4:23 p.m.

    it seems to me that professionals ports as well as collegiate sports pays for itself pretty well. Is there any reason why the Olympics can not do the same ? Utah benefitted from an enormous amount of voluntarism last time around. Did Utah come out with a profit ? How much did Utah ante up for those games, and how much are we supposed to ante up this time? Only one thing is for certain, The IOC is rolling in the dough. The Olympics are not the only international sports competition.

  • Howard Beal Provo, UT
    Oct. 22, 2017 9:05 p.m.

    I thought the Olympics were great last time around. Bring on the games!

  • No One Of Consequence West Jordan, UT
    Oct. 22, 2017 7:51 p.m.

    This is not in the best interest of the taxpayers of Utah, but then, when was the ruling class every concerned with the little guys?

  • Ultra Bob Cottonwood Heights, UT
    Oct. 22, 2017 4:35 p.m.

    When a group of people seek to do a business venture there should be a rock solid agreement that all the investors receive the profits from the venture in perfect relationship to the investment put at risk. That means that every profit and every cost are properly accounted for in money and not mistreated into false benefits.

    Every dollar spent by the taxpayer that produces profits must be accounted for as an investment at risk and redistributed to the taxpayer in the same manner as any other investor. Like, if a hat shop makes and sells a hat related to the venture, a part of the profit from that hat must be counted as part of the venture and be distributed to the investor tax payers.

  • The Educator South Jordan, UT
    Oct. 21, 2017 1:39 a.m.

    How much money could be better spent on infrastructure, health care, education, and the homeless rather than throwing millions away to crony capitalists for games? Let’s solve important issues first before throwing more money at games.

    Get Educated

  • Fullypresent Salt Lake City, UT
    Oct. 21, 2017 12:36 a.m.

    There are certainly benefits to hosting another Olympics. But, there are so many critical needs in our community they should take priority over another Olympics. The legislature, city and county leaders, and the governor need to be as responsible as they can with taxpayers money. Many people go without many things to pay their taxes. They need to remember that.

  • Howard Beal Provo, UT
    Oct. 20, 2017 10:09 p.m.

    I strongly opposed the Olympics coming to Utah in 2002. I was dead wrong, what a great event. Let's bring them back, it will be great for the state.

  • Fitz Salt Lake City, UT
    Oct. 20, 2017 1:25 p.m.

    Hard for me to decide, but I lean towards not brining in another Winter Olympics. I was just a small player for helping create the 2002 Olympics security. I am not sure that it would benefit Utah.

    They are talking about a lot of what was; there is much more to dig into what really will cost Utah and what facilities need to be significantly improved with some requiring to be built from scratch. And where will they house players, security LEOS and those that will want to see it in person?

    There is a huge amount required to get the facts of the future. I still lean towards no more Winter Olympics in Utah.

  • 2 bits Cottonwood Heights, UT
    Oct. 20, 2017 12:44 p.m.

    Have you talked to Mitt Romney yet?

    Only way I would say we should do it is if Mitt Romney was on board from day-1 this time. He was barely able to save it last time. We were over budget and on our way to a financial disaster before Romney came along last time. I don't trust those guys who were in charge before Romney took over to do it this time, without him.

    So... is he on board with this?

    If you can say you have Mitt Romney's commitment to run it... that will probably help a lot to get buy-in from the general public.

    But that's the problem with these bids... you don't need buy-in from the general public to do them. Just the buy in from the people who will benefit financially from doing it. Of course THEY want to do it.

  • 2 bits Cottonwood Heights, UT
    Oct. 20, 2017 11:01 a.m.

    We probably need to do this every few years to keep our place as the Mecca for winter sports and training center for many US Olympic teams. I'm pretty sure some places close by (Colorado) would love to take over that responsibility.

    If we don't... our facilities will gradually slip in to not being used frequently enough to maintain them. And then they become a sad sight.

    I've been to other cities that let their facilities fall into disrepair (in Gemany, Japan, and USA) and it's sad.

    Utah has actually done a great job of maintaining their facilities, and using them, and not letting them fall apart.

    It all takes money. Good thing we had a wise leader back when we did it, and he thought to fund an endowment to maintain the Olympic facilities after the Olympics were over (funded with donor money, not tax payer money). That would be Mitt Romney.

    Trash him all you want lefties... he did a good job taking over late in the game to save our bacon when the Olympics were in huge financial trouble in Utah. Probably could have done a similar financial rescue/reform for USA too if we let him. Oh well.

  • JoeCapitalist2 Orem, UT
    Oct. 20, 2017 10:49 a.m.

    It's not just a 'net benefit' equation. Utah might spend X dollars and get a benefit of X + Y dollars; but if the bulk the benefits do not go to those who bore the costs, then it is just a money transfer system. As with all capitalistic transactions, there will be inequities; but if all the benefits go towards a few with all the costs born by many, then it is a loser deal even if the 'state' comes out ahead when you add up all the debits and credits.

  • Hutterite American Fork, UT
    Oct. 20, 2017 9:23 a.m.

    I'm not sure the five ring circus can ever bring benefits to a host again. Things like security and one upmanship have made it almost impossible.
    I still believe the whole thing should be scaled back and held in one place on an ongoing basis.

  • Jacob_Z Brigham City, UT
    Oct. 20, 2017 9:15 a.m.

    It's interesting that last Sunday the citizens of Tyrol, who have hosted the Winter Olympics twice, and more recently (2012) the Winter Youth Olympics, voted against submitting a bid for the 2026 Olympics. The vote was 53.35% against, 46.75% for submitting a bid. In Innsbruck, which has been the host city each time, the percentage of votes against was even higher, with 67.41% of the voters voting "no," and only 32.57% voting "yes." (Source: Austrian Broadcasting Corporation (ORF)).

    If hosting the Olympics is such a good deal, why did a place with so much experience in the matter vote against hosting it again?

  • Red Salt Lake City, UT
    Oct. 20, 2017 7:36 a.m.

    The Olympics should beg Utah to host the games! We proved ourselves more than worthy the first time.

    Why would we want to spend $30 million chasing the self serving Olympic committee who leaves a wake of debt and junk behind them?

    Everyone on the team to review the Olympics needs to be reviewed themselves. They are most likely self dealing as well.

    Why allow this nonsense to even happen in Utah?

  • Den Den West Jordan, UT
    Oct. 20, 2017 6:50 a.m.

    I was taught early on in my career, you need to spend money to make money!

    What was the cost to tax payers for the 2002 winter games and how much did the economy benefit as a result?

  • Impartial7 DRAPER, UT
    Oct. 20, 2017 6:17 a.m.

    "but before the state squares up to head down that slope, it’s worth weighing the full costs and benefits."

    Anyplace else, and this makes sense. In Utah, it doesn't work. Just like the unnecessary prison move, as long as there is money to be made off of taxpayer dollars, the Legislature will put their best interests over those of taxpayers.