For all the talk of global honor and prestige that the
Olympics bring to a host city, talk largely promoted by the
International Olympic Committee itself, the truth is that the Games tend
to smother cities in debt and saddle them with venues they can't ever
use again.
Best-case scenario? Host cities get a pat on the head and a "way to go, slugger!" as the two-week IOC circus leaves town. Worst-case? Host cities become the eternal butt of jokes ("nastier than a Sochi hotel room" will resonate for a generation) as their nations spend decades dragging themselves out of debt.
Best-case scenario? Host cities get a pat on the head and a "way to go, slugger!" as the two-week IOC circus leaves town. Worst-case? Host cities become the eternal butt of jokes ("nastier than a Sochi hotel room" will resonate for a generation) as their nations spend decades dragging themselves out of debt.
"Pay dearly for the honor of
hosting our Games" is a scam the Olympics have pulled for over a century
now, and it's a scam that the world's cities are finally catching onto.
The 2022 Winter Olympics are the next Games to be awarded, and as it
turns out, city after city is declining the "honor" of hosting them.
Residents of Krakow, Poland
overwhelmingly rejected the idea of hosting the 2022 Games, leading city
officials to withdraw Krakow's bid on Monday. This follows Stockholm,
Sweden's leaders' decision to withdraw; Munich, Germany's voters'
rejection of an Olympic chase; and Davos/St. Moritz, Switzerland's
defeat of a referendum on hosting the Games. For those keeping count,
that's four of an original eight host cities which had considered
hosting the Games.Two more cities' bids, while not technically dead, may
as well be: Lviv, Ukraine is having real military issues and can't
afford to waste time thinking about the Olympics, while Oslo, Norway's
bid is floundering politically.
Why the sudden mass exodus from
hosting? Because cities with an eye for financial reality have seen the
results: Russia spent $51 billion on the Sochi Olympics, an
incomprehensible sum for any nation but particularly one teetering on
the edge of political turmoil. China spent $40 billion for the 2008
Beijing Games. Montreal lost nearly a billion dollars hosting the 1976
Games, and it took 30 years to pay off that debt. Nagano, Japan, which
hosted the Olympics in 1998, apparently still hasn't paid off its debt.
It's no surprise, then, that the
only two cities seriously still in the running for the 2022 Winter
Games are Almaty, Kazakhstan and Beijing, China: two locales where the
people don't get a choice in whether the Games come or not.
"The failed and aborted 2022 candidacies all have one thing in common," notes Deadspin's Barry Petchesky. "When actual citizens are allowed to have a say, they say they don't want the Olympics."
The Olympics themselves aren't
the problem. The Games give us some of each year's finest sporting
moments every time they come around. The problem is the naked greed that
slithers in the Games' wake, the demands that host cities do more,
more, more to make each Games more spectacular than the last.
It's a never-ending game of no-limit poker, and the IOC is happily
watching as the stakes skyrocket every two years. Want to play? Go right
ahead, cities of the world. Your grandchildren will be just fine with
paying it off, right?
Click on the image below for photos of abandoned Winter Olympic venues:
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