Support our non-partisan non-profit newsroom 💜 Donate now

In 1984, Los Angeles actually made money hosting the Olympics

Aug 5, 2016
David Goldblatt, author of ‘The Games,’ outlines L.A.’s winning business model
U.S. fans wear patriotic Olympic Rings sunglasses during the 1984 Olympic Games in Los Angeles.
Allsport UK /Allsport

Hosting the Olympics and coming away with a profit? Imagine that. Three cities that bucked the trend

May 29, 2014
The $51 billion price tag of Sochi is a reminder that the Winter Games can create an avalanche of public debt. But which cities actually managed to come out of their hosting stint on top?