Sports
11:20 am
Thu March 7, 2013

Detroit just can't support a bid for the 2024 Olympics, says Mayor Bing

Detroit was one of 35 cities to receive a letter from the U.S. Olympic Committee asking for a bid on the 2024 Olympics.

ABC News reported the letters were sent "to gauge the interest of cities that may have the ability to host an event with the scope and scale of the Olympic Games."

Maybe they haven't been reading the headlines about Detroit lately.

Mayor Bing politely declined their invitation this morning.

Here's his statement:

“While we appreciate the opportunity and recognize that we have successfully hosted many major sporting events, including the NCAA Final Four; MLB All-Star Game; NFL Super Bowl; two World Series; and nine NHL Stanley Cup finals, this decision is not an easy one. With our rich history of hosting major events and Detroit’s prime location on an international border, we recognize that this makes Detroit an appealing candidate to potentially host the 2024 Olympics and Paralympics.

"However, the bid calls for a $10 million upfront bid process payment and adding more than a $3 billion operating budget commitment -- not including cost associated with venue construction and other infrastructure cost.

"Unfortunately, due to the timing and uncertainty of Detroit’s long-term financial stability, we must respectfully decline to participate.”

Some supporters aren't giving up. On the "Detroit 2024 Summer Olympic Games Support" Facebook page, this was posted: 

Pay no attention to what Mayor Dave Bing said about Detroit not bidding for the 2024 Summer Olympic Games. We all agree that he won't be Mayor of Detroit next year. Financial issues or not the Detroit Olympic Movement will keep moving.