Could Brazil's Financial Crisis Lead to Olympic Cancellation?

[77ncaachamps]

I'm not buying the SLC argument.

Summer Olympics >>>> Winter Olympics.

Sure, it took leadership and management to keep costs controlled and I recognize that.
However, it just seems like the Summer Olympics are just a different beast and more widely viewed.

Am I wrong?

[warriorchick]

I've long felt that any competition where the winner is decided by a judge rather than a clock or scoreboard is not really a sport, even if the competitors are tremendous athletes.

So, boxing isn't a sport?

[ChitownSpaceForRent]

So, boxing isn't a sport?

I'm sure Bags would agree with me but Olympic boxing scoring is one of the worst scoring systems in all of sports.

[ChicosBailBonds]

As John Oliver says ..."FIFA is an international criminal organization, which occasionally stages soccer matches ..."

Didn't he say that about the US gov't too?

[ChicosBailBonds]

I'm not buying the SLC argument.

Summer Olympics >>>> Winter Olympics.

Sure, it took leadership and management to keep costs controlled and I recognize that.
However, it just seems like the Summer Olympics are just a different beast and more widely viewed.

Am I wrong?

Well, most of the winter games have lost money, too.  SLC didn't, of course it was on track too and then they got good management in there that turned things around.

Nagano, Torino, Sochi, Albertville all lost money.  Vancouver and SLC were the exceptions. 

[ChitownSpaceForRent]

Well, most of the winter games have lost money, too.  SLC didn't, of course it was on track too and then they got good management in there that turned things around.

Nagano, Torino, Sochi, Albertville all lost money.  Vancouver and SLC were the exceptions.

Probably because Vancouver had much of the infrastructure in place. When I think winter and snow, I sure as hell don't think of Italy or Japan

[ChicosBailBonds]

Probably because Vancouver had much of the infrastructure in place. When I think winter and snow, I sure as hell don't think of Italy or Japan

You don't think of the Italian Alps?  Nozawa Onsen, Hakuba or Shiga Kogen?  World class skiing in both countries.

[GGGG]

Probably because Vancouver had much of the infrastructure in place. When I think winter and snow, I sure as hell don't think of Italy or Japan

Read a book.

[ChitownSpaceForRent]

You don't think of the Italian Alps?  Nozawa Onsen, Hakuba or Shiga Kogen?  World class skiing in both countries.

See Ive been skiing once and hated it so when I think of winter sports it's hockey, speed skating and bobsled for me.

[jsglow]

See Ive been skiing once and hated it so when I think of winter sports it's hockey, speed skating and bobsled for me.

You hated it cause you fell down too often chitown.  City boy.

[ChitownSpaceForRent]

You hated it cause you fell down too often chitown.  City boy.

I couldn't get off the damn bunny hill. It was awful.

[jsglow]

I couldn't get off the damn bunny hill. It was awful.

Take glow and chick jr. with you next time.  You'll ski.

Quick funny skiing story Chi.  There's a point where every kid passes his old man athletically.  For my son and I that happened in deep powder at 11,000 feet at Alta.  Damn kid nearly left me to die up there.

[GooooMarquette]

See Ive been skiing once and hated it so when I think of winter sports it's hockey, speed skating and bobsled for me.

So speed skating and bobsledding went better for you?

[ChitownSpaceForRent]

So speed skating and bobsledding went better for you?

Touche, I think it's just because the rink I used to play hockey at is where Shani Davis used to train.

[77ncaachamps]

Well, most of the winter games have lost money, too.  SLC didn't, of course it was on track too and then they got good management in there that turned things around.

Nagano, Torino, Sochi, Albertville all lost money.  Vancouver and SLC were the exceptions.

No doubt there is management involved here but the # of events and participating countries is limited in the Winter Games (as opposed to the Summer Games) and that is a big factor in why the Summer Games costs are much greater and harder to contain.

"The Summer Olympics includes 28 sports with 38 disciplines and the Winter Olympics includes seven sports with 15 disciplines.

Following the 2002 Games, the IOC decided to limit the program of the Summer Games to a maximum of 28 sports, 301 events, and 10,500 athletes."

SOCHI 2014: "98 events over 15 disciplines in 7 sports were included in the 2014 Winter Olympics....Over 2,800 athletes participated from 88 National Olympic Committees + 1 Independent entry."

LONDON 2012: "26 sports, featuring 39 disciplines, were contested during the Games across 34 venues...about 10,500 athletes from 204 National Olympic Committees (countries)"

[HouWarrior]

Touche, I think it's just because the rink I used to play hockey at is where Shani Davis used to train.

About my 5th grade...There was a public  park rink about 3 blocks from my house in Madison, where I was playing (badly) in a pickup hockey game.

I got kicked off the ice (deservedly, as I sucked) when some other guys arrived. A group joined that included....A local guy from a speed skating family (his brother was in my grade school class) and a couple really good players  (all around my age). They were REALLY good...but I enjoyed watching

In historical hindsight it was pretty cool watching hockey played at lil' ole' Westmoreland Park rink by Eric Heiden (5 Olymp Golds), Mark Johnson, and Bob Suter (both, later on the Miracle on Ice hockey team). Small damn world

[Tugg Speedman]

White water rafting was going to be out in Rockford.

It's white water kayaking and it was going to be in the lagoon in Lincoln Park, at a cost of several hundred million to tear it up and redesign it for that purpose.

But that is cheaper than the estimated 500 million to build a massive break front on the lake for the rowing events.  That way the city would have been in the background.

-----

At the time of the bidding I remember joking with a few members of the Chicago2016 group that since the US won 36 gold medals in Beijing in 2008, I would use that as the over/under on the number of indictments for bribery, fraud and corruption in connection with building all the venues.  Everyone agreed you should take the over.

And if you think we were kidding ... Google "Michael Scott Chicago Olympics". He was real estate developer heavy into Chicago politics through Cook county President John Stoger and Governor Blago.  He lead a group of highly connected Chicago politicial types that purchased land near Washington Park, the site of the cycling Veldrome if Chicago won the bid.  Of course their plan was to sell the land to Chicago2016 at a huge profit.  And yes they bought the land before the final draft said the Veldrome was going in that spot, so "they knew."

Chicago lost the Olympic bid in October 2009.  In November 2009 Scott was found floating in the Chicago River near the Merchandise Mart with a gun shot to the head.  The corner ruled it a sucide, apparently Scott shot himself in the head and then threw himself in the river.  Nothing to see here folks, case closed.

The Olympics were going to be The ultimate kid in the candy store for Chicago corruption. I'm glad Chicago didn't get it because I'm not sure it could've survived everybody trying to get their pound of flesh out of that project.  Think bloody meet in the water with the school of sharks.

[jsglow]

About my 5th grade...There was a public  park rink about 3 blocks from my house in Madison, where I was playing (badly) in a pickup hockey game.

I got kicked off the ice (deservedly, as I sucked) when some other guys arrived. A group joined that included....A local guy from a speed skating family (his brother was in my grade school class) and a couple really good players  (all around my age). They were REALLY good...but I enjoyed watching

In historical hindsight it was pretty cool watching hockey played at lil' ole' Westmoreland Park rink by Eric Heiden (5 Olymp Golds), Mark Johnson, and Bob Suter (both, later on the Miracle on Ice hockey team). Small damn world

Very cool.

[Benny B]

It's white water kayaking and it was going to be in the lagoon in Lincoln Park, at a cost of several hundred million to tear it up and redesign it for that purpose.

But that is cheaper than the estimated 500 million to build a massive break front on the lake for the rowing events.  That way the city would have been in the background.

-----

At the time of the bidding I remember joking with a few members of the Chicago2016 group that since the US won 36 gold medals in Beijing in 2008, I would use that as the over/under on the number of indictments for bribery, fraud and corruption in connection with building all the venues.  Everyone agreed you should take the over.

And if you think we were kidding ... Google "Michael Scott Chicago Olympics". He was real estate developer heavy into Chicago politics through Cook county President John Stoger and Governor Blago.  He lead a group of highly connected Chicago politicial types that purchased land near Washington Park, the site of the cycling Veldrome if Chicago won the bid.  Of course their plan was to sell the land to Chicago2016 at a huge profit.  And yes they bought the land before the final draft said the Veldrome was going in that spot, so "they knew."

Chicago lost the Olympic bid in October 2009.  In November 2009 Scott was found floating in the Chicago River near the Merchandise Mart with a gun shot to the head.  The corner ruled it a sucide, apparently Scott shot himself in the head and then threw himself in the river.  Nothing to see here folks, case closed.

The Olympics were going to be The ultimate kid in the candy store for Chicago corruption. I'm glad Chicago didn't get it because I'm not sure it could've survived everybody trying to get their pound of flesh out of that project.  Think bloody meet in the water with the school of sharks.

Shoulda stayed at Dunder Mifflin.

[tower912]

https://arxiv.org/ftp/arxiv/papers/1607/1607.04484.pdf

Hoopaloopin' here.    A study was done about how much it costs to actually host an Olympics, overruns vs. projections, etc.     Bottom line, it always overruns projections and it usually is a money loser.