RE: Give the Olympics a permanent location. Then you don’t have to re-invent the wheel every 4 years.
They can rotate the locations for 4 specific sites KNOWN TO HAVE MADE A PROFIT from their Olympics.
The following Olympic sites have turned profits:
LOS ANGELES, USA
SEOUL, KOREA,
SYDNEY, AUSTRALIA
LONDON, ENGLAND
Let these 4 sites ROTATE their hosting.
For instance ( Setting aside Rio 2016 and Tokyo 2020 ):
2024 : Los Angeles, 2028 Seoul, 2032 Sydney, 2036 London and then back to L.A. in 2040, etc.
btw- you notice all the cities you mentioned turned profits after LA in ‘84?? Know why? One man- Peter Ubberoff who had the common sense to bring sponsorship into the Olympics....when its run like a business, as it should be, they lessen the potential for economic damage...
South Korea has a winter Olympics coming up, hopefully they don’t mess it up as bad as Sochi Russia with its fake hotels and stuff
Why LA?
Why not in the US?
Seriously, London made money? That is surprising, and somewhat encouraging.
Atlanta was profitable but people whined that it was too commercialized. I guess people would rather have crazy tax bills than see a McDonalds logo on a sign.