FROM THE ARCHIVE
Losses for Navajo Olympic venture tabbed at $2.7M
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THURSDAY, JULY 10, 2003 The Navajo Nation lost $2.7 million on its exhibition at the 2002 Winter Olympics, a much larger loss than previously disclosed, The Farmington Daily Times reports. An audit of the Discover Navajo Pavilion said that the tribe expected to make $600,000, after $4.6 million in donations, sponsorships and other revenues. Due to post-September 11 conditions, the report said the tribe spent $3.7 million on the effort, offset by $1 million in revenues. Get the Story:
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