By pooling television, signage and advertising revenue, permanent sites could easily become a reality. There would be no need build new facilities for the next Summer or Winter Games
Building permanent facilities will cut costs; free up billions to improve quality of life
WASHINGTON, D.C. — The Olympics are in need of a financial intervention.
While there’s nothing better in the dog days of summer than to cheer on Katie Ledecky, Michael Phelps and the U.S. women’s gymnastics team, the price tag for host nations has soared too high. That’s why we need to seriously consider permanent sites for the Summer and Winter Games.
Despite Brazil sliding into a self-declared “financial calamity,” the Olympics went on as scheduled in Rio de Janeiro.
