Utah 2002 Olympic Games venues need money, more games

The Legacy Fund loses $4 million every year.

(Leah Hogsten | The Salt Lake Tribune) The Spencer F. Eccles Olympic Mountain Center ski slopes are located on the west side of Olympic Park and are partially visible from the nearby I-80 freeway.

Utah Olympic Park and other 2002 Olympic Games venues have always had a deficit, and the deficit is increasing.

The Utah Olympic Legacy Foundation filed Wednesday with Summit County Council for a routine contract extension for Utah Olympic Park.

The nonprofit’s President and CEO, Colin Hilton, added an appeal: Utah’s legacy Olympic venues need help.

“Financially we have problems,” he said.

The foundation subsidizes losses at its venues with its Legacy Fund, which Hilton says is worth $46 million. However, economic pressures have depleted the fund at a faster rate in recent years.

Read more at kpcw.org.

This article is published by the Utah News Collaborative, a partnership of Utah news organizations whose goal is to educate readers across the state.

Justin Scaccy

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