Olympic Games of 2016, costs per athlete are on average US$599,000 for the Summer Games and $1.3 million for the Winter Games. For London 2012, cost per athlete was $1.4 million; for Sochi 2014, $7.9 million. Where ambitious construction for the 1976 games in Montreal and 1980 games in Moscow had saddled organisers with expenses greatly in excess of revenues, 1984 host Los Angeles strictly controlled expenses by using existing facilities except a swim stadium and a velodrome that were paid for by corporate sponsors. The Olympic Committee led by Peter Ueberroth used some of the profits to endow the LA84 Foundation
Youth Olympic Games Youth Olympic Games The Youth Olympic Games (YOG) is an international multi-sport event organized by the International Olympic Committee. The games are held every four years in staggered summer and winter events consistent with the current Olympic Games format, though in reverse order with Winter Games held in leap years instead of Summer Games. The first summer version was held in Singapore from 14 to 26 August 2010 while the first winter version was held in Innsbruck, Austria from 13 to 22 January 2012. The age limitation of the athletes is 14 to 18. The idea of such an event