In the summer of 1996, Atlanta Georgia played host to the 23rd modern Olympic games. It was easily the greatest thing to happen to Atlanta in the 90's and there were many benefits brought its way as a result. Of all these benefits, the most significant ones were (1) the legacy of all the facilities built for the event, (2) the revitalization of the downtown area, (3) the exposure it gave to the city and (4) the economic benefits it gained as a result of all this.
In order to host the event Atlanta had to make sure it had all the facilities to be able to provide athletes places both to practice and perform. Although the city had fairly adequate facilities already, there were improvements that needed to be made. By making sure facilities were up to scratch for the athletes, they were also improving facilities for citizens, because ultimately once the Olympics were over, these new and improved facilities would still be there.
The people to benefit from this most were colleges and universities in the downtown Atlanta area. A new gym and swimming pool were made and donated to Morehouse College, Clark Atlanta College received a new football field. As a result of it being used as the Olympic village, Georgia Tech got 7,000 dorm rooms, while Georgia State (who also housed athletes) got 2,000 new rooms.
However they weren't the only ones to benefit greatly. The centerpiece of the games and the location where the opening and closing ceremonies were held was a new $209 million stadium, now called Turner Field and now home to the city's finest baseball team, the Atlanta Braves.
The games also impacted the downtown area of the city as much renewal took place in order for Atlanta to put its best face forward. A more attractive inner city area was the result. Improvements were made to public transportation, retail amenities and public areas such as parks and walkways.
The rejuvenation of the area also meant the rejuvenation of old buildings. The Rialto Theater, once an old crumbling cinema in need of work, was one of the many buildings in the downtown area to be renovated and is now home to plays and various musical productions. An old church was turned into a blues parlour for the Olympics and following the games became a music venue for live bands.
Some of the renewal came after the Olympics, but were done as an indirect result of the games; these included raising a dilapidated housing project and transforming the land into low and middle-income housing.
The sports franchise gains by reducing the amount of capital that it has to spend in building the new stadium. They receive a new stadium with more seats and therefore they receive more profit. The local businesses gain financially as well with increased traffic of fans who come to the games. More fans means more meals, rooms, and souvenirs sold. In addition, as least at the beginning of the project more construction jobs are created in order to build the new stadium and possibly new jobs are created at the stadium itself. The elected officials is motivated by receiving a good track record of successful referendums, by trying to sell the stadium to the public as something they should really want in their communities. The people who are losing through the outcomes of the new stadiums are those who do not want one in their community. Perhaps people who do not like sports and will never attend a game or people who do not appreciate the added traffic on the roads on game days. These people are forced into paying for something they will never use as well as something they may despise and the added traffic they have to deal with is a nuisance to
Since 776 BCE, the Olympics have been a way for people of different cultures to come together and compete in friendly competition. In 1892 the first modern Olympics were held in Athens, although it had been over a thousand years since the last game it still had brought together an assortment of different religions and ethnic groups together. Many factors shaping the Olympic Games reflect the changes that have taken place in our world since the last game in 393 CE in Greece such changes include woman’s suffrage, global economy, world wars, and proving competency.
As one of the biggest events the city has ever hosted, the games in Atlanta rang in at over $5 billion. Hosting the largest participation ever in Olympic history added to this expense. Recruiting the participation of the community and business sponsors like CNN and Coca-Cola were crucial to funding the games and their exorbitant costs. Among the more costly parts of hosting this event is the production of the opening and closing ceremonies. As a centennial celebration of the rebirth of the Olympics in 1896 from Athens, Greece, Atlanta did a special tribute to that as part of the opening ceremony.* It was quite spectacular and highlighted some of the Greek gods and the original competing games from the ancient Olympics which were held in Olympia. President Bill Clinton, who was in of...
As the base of this essay is on how the Olympics have been used in the
Roston, Aram and the Associated Press, Atlanta Olympics Officials Concede 'Excess Inherent' in Bid, September 16, 1999, , wysiwyg://22/http://cnn.com/US.9989/16/atlanta.olympics/index.html, October, 1999.
There is a nationwide trend in which taxpayers are asked to pay for new stadiums these stadiums benefit a single corporation. A sport construction boom has started, these new stadiums cost a minimum of $200 million to build, but usually cost much more. New stadiums have been built, or are underway, in New York, Pittsburgh, Dallas, Baltimore, Cincinnati, Seattle, Tampa, Washington DC, St. Louis, Jacksonville, and Oakland. This competitive trend replaces old stadiums with high tech flashy stadiums used exclusively for one sport. These stadiums are unnecessary, and not cost efficient. Most of the time new stadiums are not used for multi-purposes, they bring in money exclusively for the professional league and not ...
The phenomenon was mainly caused by a dramatic investment increase or excessive social and psychological expected at the pre-Olympic stage. Normally, it will lead to a waste of infrastructure, facilities idle, the Olympic host city real estate prices fell, and the stock market fell, in part or in overall economic growth slow down after the Olympic Games. According Josh Sanbum’s report “For years, studies have shown that holding the Olympics often has severe negative economic effects on host cities, despite the temporary burst of tourism and global attention. The competition between cities often causes governments to go financially overboard merely to win an Olympic bid. Once construction gets under way, governments often fail to budget properly. And after the Games are over, many cities are left with infrastructure that suddenly has no real use.” (2012).That shows the Olympic Games often has serious negative economic effects on host
What are the benefits to a town of building a new stadium? The benefits to Building a sports stadium for your state or country can increase in demand of the economy creating new jobs also increasing employment. Based on the multiplier effect this could lead to an economic growth. In the long run this may lead to economic development building a stadium also increases competition and opens new business opportunities. Therefore there'll be an increase in investments which also helps increase the total income of the country or city. The stadium will lead to an increase of exports because people will want to come to your city and watch games. Or maybe even enjoy snacks that can be purchased during the entertainment of the stadium.
With over two hundred countries participating, the Olympic Games is easily considered as one of the largest multisport event known to history. The Olympics are held at a different country, and even more rarely at the same city. For a country to be chosen to host the Olympics, the country’s National Olympic Committee (the country’s representatives for the Olympics) nominates a city (from the country they represent) that they think has potential in hosting the Olympics nine years prior to when they wish to host the Olympics. It is a two year process that consists of: Application Phase, Candidate Phase and the Election of the Host City. The country that wins the election is given seven years to prepare for the Olympics. (International Olympic Committee, n.d., p. xx-xx) The hosting country expends billions of dollars, usually money they don’t have, preparing for the Olympics. Then the question is raised 'why would a country go through so much trouble and spend an outrageous amount of money to host this event?' Throughout this discussion paper it will address all the pros and cons for a country to host the Olympics. It will also see if a smaller sports event can produce the same benefits the Olympic offers with less cost and risk.
In the past the Olympic games were used as a way for the Greeks to honor their gods. Today the games are not an honoring but more of a social gathering. What’s great about the games today is that everyone has equal opportunity to compete. No matter your gender, size, ethnicity, or wealth, all you have to do is work hard and
The Olympic Games. The biggest international sports competition in which the worlds’ best athletes compete from all around the world to win medals for their countries. The Olympics have been a worldwide tradition since the eighth century BC, but it has hardly benefited us as a species. Every time we have the Games, our resources are abused in order to create the Olympics we desire. Huge amounts of money are used to build venues and make medals, only leading up to the countries who host the Games going into debt afterwards. There are only rare cases in which the countries earn money from hosting the Olympics, but most of the time the debt that they get themselves into take years, or even decades to pay off. You might ask yourself, why do we even host the Olympics, if it has these huge disadvantages? The answer is because we want pride for our countries, no matter how temporary it is. Knowing this, we can safely say, that the Olympic Games do not help us grow as a species.
One may disagree that hosting Olympics is not worthwhile as it requires a city or a country to bring out an enormous sum of money for the preparation and planning of hosting the Olympics. Zimbalist (2012, pp. 116) says that the summer Games roughly generates a total of $5-$6 billion and almost half of it belongs to the International Olympic Committee. On the other hand, the cost of the games has increased roughly
Firstly, being the host of a major sporting event such as the Olympics could actually benefit the hosting countries’ economic and cultural benefits of the Olympics. The Olympics have a very wide reach in this modern day with. This is a plus especially with the existence of today’s social media and the Internet. In the economic side, it could actually be a very powerful marketing and publishing tool for the host country. With all the present technology that is available nowadays, it actually is a good way to promote a certain country to the world. This eventually increase the economic level of the country that is hosting it, as they will receive visitors from all over the world and they will eventually spend their money to the host countries, thus improving their economics. Winbey (2014) states that the 1984 Los Angeles Olympics are somet...
Introduction Today, the Olympic Games are the world's largest pageant of athletic skill and competitive spirit. They are also displays of nationalism, commerce and politics. Well-known throughout the world the games have been used to promote understanding and friendship among nations, but have also been a hotbed of political disputes and boycotts. The Olympic games started thousands of years ago and lasted over a millennium.. The symbolic power of the Games lived on after their demise, and came to life again as the modern Olympic Games being revived in the last century. Both the modern and Ancient Olympics have close similarities in there purpose and in there problems.
The Olympic Games were a vital part of Greek culture which was heavily influenced by athletics. Today, the Olympic Games are the world's largest presentation of athletic skill and competitive spirit. Thousands of athletes and spectators participate in this universal event. Revived in 1896, the Olympic Games had their beginnings in ancient Greece, and since then the event is very much comparable to modern Olympic events.