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2022 Olympics would cost Denver $1.5B

Updated: January 7, 2012, 5:35 PM ET
Associated Press

DENVER -- Holding the Winter Olympics in Denver in 2022 would cost about $1.5 billion -- most of which would be privately raised, a Colorado-based sports marketing company told city and state officials on Saturday.

Alem International Management Inc. made the inflation-adjusted estimate after looking at the cost of the 2002 Salt Lake City games, The Denver Post reported. The 2010 Winter Olympics in Vancouver, by contrast, cost $1.86 billion.

The Denver estimate came at the first meeting ...

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