Utah’s 2002 Olympic venues need money, another Games

Legacy Fund is bleeding $4 million every year.

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

Utah Olympic Park and other 2002 Olympic venues have always operated at a deficit, and now that deficit is increasing.

The Utah Olympic Legacy Foundation went before the Summit County Council for a routine renewal of the Utah Olympic Park’s contract Wednesday.

The nonprofit’s president and CEO, Colin Hilton, added a plea: Utah’s old Olympic venues need help.

“Financially, we’re struggling,” he said.

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

Read more at kpcw.org.

This article is published through the Utah News Collaborative, a partnership of news organizations in Utah that aim to inform readers across the state.