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Chicago was knocked out of contention in the voting for the Olympics in the first round of voting.

Jim
 

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QUOTE(Old Man of the Sea @ Oct 2 2009, 11:28 AM) <{POST_SNAPBACK}>Chicago was knocked out of contention in the voting for the Olympics in the first round of voting.

Jim

Oops.
 

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Im sorry, this was listed as "breaking news" on the web, but to me thats sensationalism. I dont see the enormous deal. So Chi-town got passed up, big deal, life goes on.

Maybe its a sign its time to get our sh*t together, and can host the next time around!
 

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I'm kinda of bummed they didnt get it. Would have been cool so close.

Good to see they tried hard though.
 

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Where would Detroit be if we won the bid in 1968?

 

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QUOTE(Capt'n Rob @ Oct 2 2009, 01:46 PM) <{POST_SNAPBACK}>Where would Detroit be if we won the bid in 1968?


Geez, we've come a long way baby.


Imagine how things could change if Detroit had won now?
Would have been sort of like The Marshall Plan when the US re-built
Europe starting in 1947.

Cool shots of the old D in the video!
gt
 

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QUOTE(Goose @ Oct 2 2009, 02:37 PM) <{POST_SNAPBACK}>duh....


Sorry Chicagoland. Obamania wasn't able to undo 8 years of Dubya arrogantly pissing in the world's Cheerios in 10 months.
 

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QUOTE(Convincor @ Oct 2 2009, 02:48 PM) <{POST_SNAPBACK}>QUOTE(Island Time @ Oct 2 2009, 11:54 AM) <{POST_SNAPBACK}>Ouch...so much for the $45 - $50 million they spent on the bid...


If that is true, there is something very wrong in this world....



Source and a link to the financial report. This does not include Obama's trip but that can get debated, ok ripped apart, in the political forum.

Matt

Bid completely funded by private donations, report shows

Chicago's Olympic bid committee has spent just over $48 million dollars so far in efforts to land the 2016 Summer Games.

The committee's "Stewardship Report", released Friday, says while the budget anticipated revenues of $73.2 million, 2016 has actually taken in nearly $77 million. The report notes that the bid has been funded 100 percent by private donors, making it unique in a four-city competition where the other three candidates receive some level of public funding.

In addition to the $48.3 million spent by the bid committee on their campaign so far, the report says another $13 million has been invested in World Sport Chicago, the 2016 offshoot designed to promote youth sport in the city.

The report states that while no taxpayer dollars have been spent to fund bid operations, no donors have been given any promise or commitment of future business. The committee has received $72.8 million in contributions and pledges from private donors, another $2.7 million in revenue from events, and $188,000 in income from the sale of 2016 merchandise.

Of the donors, 29 have given $1 million or more; another 29 fall in the half-million plus column; 121 have given in excess of $100,000.

The Olympic committee has paid its 57 staff and 12 contractors $9.4 million to date. Olympic Games venue and operations experts have received $4.6 million. Public relations and media relations have tacked on another $1.1 million. While four members of the 2016 staff make $250,000 or more, the report notes that CEO Patrick Ryan, Vice-Chairman Mike Roberts, and Bill Scherr, director of sport, took no salary.

One of the largest cash outlays was $5 million to the USOC, with another $650,000 to the International Olympic Committee. The document notes that both organizations assess fees and charges to cities bidding for the Olympic Games, to support their respective costs in conducting the selection process.

Airfare has cost the committee over $1 million as staffers pushed Chicago's Olympic dream worldwide. The report says 2016 representatives have traveled more than 9.3 million miles. While CEO Ryan has flown more than 240,000 miles in promotion of the bid, 2016 says he has personally paid for more than 70 percent of his own travel.

The 2016 committee has reimbursed the City of Chicago over $134,000 for city services such as police and Streets and Sanitation, most of which were used when the IOC Evaluation Commission visited last April.

Hill and Knowlton, the international public relations giant, was the committee's largest contractor, receiving over $3 million. The Chicago architecture firm Skidmore, Owings, and Merrill received over $1.2 million for architecture and planning. HOK Sports Facility Group was paid just over $1 million for venue planning services.
 

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QUOTE(Pornodave @ Oct 2 2009, 02:59 PM) <{POST_SNAPBACK}>QUOTE(Goose @ Oct 2 2009, 02:37 PM) <{POST_SNAPBACK}>duh....


Sorry Chicagoland. Obamania wasn't able to undo 8 years of Dubya arrogantly pissing in the world's Cheerios in 10 months.


yes, im sure in 2012 during the next presidential election we will hear the same cry........ only replaced with 4 years.......
 

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Unfortunately, that's what the Olympics have come to...spending millions and millions just to be considered.

Almost every other nation has financial backing from their government. The US does not.

Right or wrong, don't be surprised if the US does not host any more games anytime soon.
 
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