UPDATE: We have two new panelists joining our discussion with direct experience in organizing Olympic Bids for Colorado! Due to unforeseen circumstances, Principal Deputy Assistant Secretary Paul Jones had to cancel his trip to Denver and is therefore unable to join on our panel.
Join WorldDenver Young Professionals for an exciting panel discussion about the Economics of hosting the Olympic games. Economists Mark Evers, Daniel Zuchegno, and Kyle Hurst will each discuss the economic impact of hosting Olympics based on their research and experiences. Stephen McConahey and Ron New will provide some unique perspective on hosting the games in the U.S., discussing their efforts to bring the Olympics to Colorado:
- Ron New: Financing challenges for hosting Olympics, benefits of hosting in cities with existing infrastructure, ensuring long-term benefits of infrastructure investments.
- Stephen McConahey : Costs/Benefits of hosting games in Colorado, including experiences bidding on previous games and reasons why Colorado should bid (and win).
- Prof. Mark Evers: Public investment in sports teams and stadiums and how these two relate to the Olympics and the ongoing costs of maintaining stadiums and facilities.
- Prof. Dan Zuchegno: Economic implications of hosting Olympic Games
- Prof. Kyle Hurst: Economic impact (or lack thereof) of the Olympics and general economics of the Games.
Doors will open at 6:00pm with a brief networking opportunity with other young professionals. Panelists will talk from 6:30-8:00pm, followed by Q&A.
More About the Panelists
Fixed Income Portfolio Manager, GHP Investment Advisors
Mr. New has worked in the capital markets arena for more than two decades in a variety of capacities, including public finance. Additionally, Mr. New serves on the Governor’s Revenue Estimating Advisory Committee. In 2012 he was brought in as a consultant by the City of Denver during the early exploratory stage of pursuing a bid to host the Winter Olympics. As such, he brings a practical level of experience and perspective to the Olympic debate.
Co-Founder & Partner, Iron Gate Capital
Stephen G. McConahey is the co-founder and partner of the private equity investment firm Iron Gate Capital and current chairman of SGM Capital, LLC. In addition to his distinguished career in the services of private equity, financial, management consulting and government, Stephen has been actively working on the Olympic goal for Colorado since the 1980s and was one of the co-organizers of the 1998 Denver Winter Games Committee that developed Denver’s bid for the 1998 Winter Olympics. Most recently, Stephen helped create the Denver Sports Commission and served on an exploratory committee to assess the viability of bringing the Olympics to Colorado - receiving support from both Mayor Hancock and Governor Hickenlooper. Stephen is currently on the executive committee for the 2015 World Alpine Championships to be held in Vail.
University of Denver Adjunct Professor, Economics
Professor Evers has lectured at universities throughout Europe and Asia, including Moscow State University. He also consults with private and public institutions worldwide on financial matters, most recently with the Central Bank of Indonesia. His current research interests include income and wealth distribution puzzles in the US and abroad, as well as the economics of sports.
Dr. Daniel Zuchegno
University of Denver Lecturer, Economics
Lecturer on Economics at DU; Dr. Zuchegno has over 20 years of experience in the academic and private consulting industry. He has provided consulting services to USAID and numerous financial institutions worldwide.
University of Colorado – Denver , Lecturer, Economics
Instructor on Economics at University of Colorado, Denver; Professor Hurst specializes in sports economics, and will be guiding CUD Business student teams in a case competition on the economic impact of the Winter Games and the Super Bowl, the winners of which will present at symposium in May.
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