Tags: Colorado | Olympic | bid | jeopardy

Colorado's Olympic Bid in Jeopardy

Wednesday, 31 Aug 2011 07:22 AM

By Greg McDonald

An international dispute over revenue sharing is threatening to upset Colorado’s chances of landing the 2022 Winter Olympic Games, according to a report Tuesday in the Denver Post.
The U.S. Olympic Committee pulled out of the bidding for the games just last week because of a bitter dispute with the International Olympic Committee, which is apparently demanding a larger cut of global sponsorship and U.S. broadcasting rights fees.
The decision comes at a difficult time for Denver and the state, according to the Post, because Gov. John Hickenlooper and Mayor Michael Hancock have begun talks about how to prepare and win the bid, which must be submitted by 2013.
The paper reported that boosters around the state have also been laying the groundwork for a bid for some time.
It hasn’t been easy because Colorado voters rejected the 1976 Olympic Games, after they had been awarded to Denver, out of concern that any cost overruns might have to be paid by taxpayers. 
“This may be just coming up on people’s radar screens now, but we are not starting from scratch,” Rob Cohen, the founder of the Denver Metro Sports Commission, told the Post. “Our goal for the last couple of years is to put Denver in consideration. I think we have definitely done that. Now it’s up to the governor and mayor and community as a whole.”

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Hershey's Cadbury Lock Keeps Out British Chocolate Imports

Wednesday, 28 Jan 2015 06:35 AM

An agreement recently struck between Hershey and a British importer that would prevent Cadbury chocolate from being impo . . .

NYC Economy: Blizzard Miscue Put $200M Hit on Businesses

Wednesday, 28 Jan 2015 06:11 AM

New York City took a $200 million hit from the bungled shutdown of its transit system as a not-so-historic blizzard appr . . .

Hope Solo's World Cup Chances to Hinge on Alcohol Counseling?

Wednesday, 28 Jan 2015 05:47 AM

Completion of alcohol counseling may be one of the tasks set for goalkeeper Hope Solo by the U.S. Soccer Federation if t . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved