DENVER — The exploratory committee convened to study a possible bid for the 2022 Winter Olympic Games issued a report Wednesday and urged local leaders to move forward with the idea.
Colorado Gov. John Hickenlooper and Denver Mayor Michael Hancock would have the final say on whether to put together an official bid, but both are already on record as unabashed supporters of the idea.
The committee, which was convened by Hickenlooper and Hancock, has been assessing four key aspects of bidding for and hosting an Olympic and Paralympic Winter Games including: community strengths and benefits, financial commitments, operational requirements and host city guaranties.
“Our analysis found Denver and Colorado are capable of financing an Olympic bid without seeking additional financial contributions from the public,” said Don Elliman, Chancellor of the University of Colorado at Denver Anschutz Medical Campus and Co-Chair of the committee.
“Our in-depth research of previous bid cities found that even where bids were not successful, the opportunity to bid for the Games had a significant and worthwhile community benefit.”
It’s report comes just a month after the U.S. Olympic Committee reached a revenue-sharing deal with the International Olympic Committee, ending a protracted impasse that could have hindered any bid by Denver or another U.S. city.