Hosting the Olympic Games can bring many benefits to a city, including economic growth, increased tourism and international exposure, and the opportunity for urban development and infrastructure improvements.
Some potential risks of hosting the Olympic Games in Chicago include financial burden, displacement of local residents, and potential negative environmental impacts.
The cost of hosting the Olympic Games varies depending on many factors, but it is estimated that the cost for Chicago to host the games would be around $10 billion.
The city of Chicago would likely fund the Olympic Games through a combination of public and private financing, including sponsorships, ticket sales, and government funding.
The chances of Chicago being selected to host the Olympic Games are difficult to predict, as it depends on the competition from other cities and the decisions of the International Olympic Committee. However, Chicago has previously been a finalist for hosting the games in 2016, so it is a strong contender.