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Winter Olympics Salt Lake City
FILE - The scoreboard at the University of Utah's Rice-Eccles Stadium promotes Salt Lake City's bid to host another Winter Olympics in 2034 as International Olympic Committee members prepare to tour the stadium and other venues on April 10, 2024, in Salt Lake City. Organizers of the Salt Lake City Olympic committee will reveal on Monday, June 10, 2024, the estimated budget for hosting the 2034 Winter Olympics. (AP Photo/Rick Bowmer, File)

Salt Lake City Olympic bid projects $4 billion in total costs to stage 2034 Winter Games

Organizers for the proposed 2034 Winter Olympics in Salt Lake City released their first budget estimate, projecting total costs of just under $4 billion, with $2.84 billion slated for operational costs

By Eddie Pells
Published - Jun 10, 2024, 11:03 AM ET
Last Updated - Jun 10, 2024, 03:06 PM EDT

Organizers for the proposed 2034 Winter 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.

The committee said even though there will be 40% more events than the last time Salt Lake City hosted the Olympics, the number for operational costs for 2034 is 1% lower than that for 2002 when adjusted for inflation.

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.

Salt Lake City has been focused on using many of the venues that were in play for 2002. It says no new venue construction is planned for 2034, as it will use facilities that have been kept in use and upgraded since 2002.

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