WASHINGTON (Sputnik) — Boston can expect a financial gain of $210 million from broadcasting rights, tickets sales and other sources of revenue.
“The last three games in the United States generated a surplus,” the plan read on Monday. “[The Olympics in Boston] project a $210M contingency/surplus.”
On January 8, 2015, the US Olympic Committee announced that Boston will represent the United States in its bid to host the 2024 Summer Olympic and Paralympic games.
Boston’s new bid plan projects $4.6 billion in operating costs and promises to expand the tax base while creating jobs and housing.
Aaron Leibowitz, spokesperson for No Boston Olympics, told Sputnik in January 2015 that the city’s bid to host the Olympics has been pushed without asking city residents for input and without holding any community meetings.
But the bid committee said it developed the new “Bid 2.0” plan after holding 22 community meetings and 150 community events.
“Bid 2.0 reflects community feedback, detailed budget assessments, significant community benefits and a fair assessment of the risks,” it said.
The host of the 2024 Olympics will be announced in 2017 in Lima, Peru.