Calif., Nevada merge Tahoe’s bid for 2022 Olympics
April 5, 2012
SACRAMENTO (AP) – California and Nevada officials announced Thursday that they are joining forces in their effort to lure the Winter Games back to the Lake Tahoe area in 2022, forming an exploratory committee to start the process.
In a statement provided to The Associated Press, California Lt. Gov. Gavin Newsom and Nevada Lt. Gov. Brian Krolicki announced the merger of two separate state committees that had been exploring a possible bid for the Olympics.
“Our new committee is the evolution of years of work by many people, and if the United States Olympic Committee decides to bid on the 2022 Winter Games, we will be ready to showcase the Tahoe region’s scenic majesty and winter games capabilities,” Krolicki said in a statement.
If successful, the games would return to the United States for the first time since Salt Lake City hosted the Winter Olympics in 2002. Squaw Valley, a resort on the California side of Lake Tahoe, hosted the Winter games in 1960. The lake is ringed by ski resorts on or near its shores, on both sides of the state line.
Salt Lake City and Denver also are vying for the 2022 Winter Games. U.S. Olympic Committee Chairman Scott Blackmun said in February that Bozeman, Mont., also has expressed an interest in bidding for 2022.
Lake Tahoe has stringent guidelines for any kind of development and a special regional planning board that includes members from California and Nevada. Restrictions on development could pose a challenge for expanding Olympic venues unless the issue is addressed early.
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“We can’t do this without the environment being front of mind for us,” Newsom said in a statement.
Andy Wirth, president and chief executive of Squaw Valley Ski Holdings LLC, which operates Squaw and neighboring Alpine Meadows, will be the committee’s interim chairman.
The U.S. Olympic Committee has to decide by 2013 whether to submit a formal bid and promote a single nominee for 2022.
Officials have said the committee will not bid for any Games until it agrees on a new revenue-sharing deal with the International Olympic Committee. The U.S. lost bids for the 2012 games in New York and 2016 games in Chicago.
Negotiations aimed at resolving the dispute over the U.S. share of Olympic television and marketing revenues began more than a year ago. The IOC believes the American cut is excessive and should be redistributed. Under the current deal, the USOC receives a 20 percent share of global sponsorship revenue and a 12.7 percent share of U.S. broadcast rights deals. Any new formula would go into effect after 2020.
A decision about 2022 likely will not come until July 2015, giving the states a lot of time to prepare a compelling bid.