China Proved That Hosting The Olympics Is $50 Billion Dollars Well Spent

Senior Writer
04.09.12 3 Comments

For longer than I’ve lived in Central Florida, there’s been this quiet optimism that there could one day be a Summer Olympics right in Mickey Mouse’s back yard. There have been plenty of proposed ideas of how it could happen – from using Disney’s seemingly endless property on a loaner to a joint venture between Orlando and Tampa with facilities all along Interstate 4 – and none of them would ever work in a million years. But every time the International Olympics Committee meets to choose future summer sites, people in Florida start buzzing.
And the point of this edition of “Cool story, bro” is that hosting the Olympic games is severely overrated because cities just don’t make any money anymore. Back in 2010, city officials in Chicago spent $50 million just to bid on hosting the Olympics in 2016. Had their bid been accepted, Chicagoans would have been on the hook for $5 billion in up front expenses. Luckily, the bid wasn’t accepted, as Chicago didn’t even make it past the first round, so *flush noise* to that $50 million.
Not everything is doom and gloom, though. Atlanta proved that there is life after the Olympics by turning all of its event venues into state-of-the-art facilities for the city’s current sports teams – the Olympic Stadium is Turner Field, for example. Perhaps it would have been nice if someone had sent that blueprint to the folks in Beijing, as some people recently asked the question, “Hey, what happened to all of those venues the Chinese constructed to host the 2008 Summer Olympics and cost the country an absurd, record-setting $48 billion?”
Oh, they’re just chilling. Presumably holding a ton of brand new wigs.

(Images via Reuters)
“Am I clear on that side?”
Oh neat, there’s a baseball field!
Let’s play two!
Nice to see the $2,500 banner lasted longer than any of the facilities.
“Hey honey, go climb up into that unstable cylinder… perfect. Now lick that rust.”

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