London Games come in $603 million under budget

Leave a comment

Beijing organizers essentially shouted Chinese culture at their worldwide audience in 2008, spending $67 billion on the Olympics while presumably using “we’re gonna need a bigger boat” as the punch line of every meeting they held leading up to the Games.

On the other hand, London, seemingly content not competing against Beijing’s incredible spectacle, aimed to only spend about $15 billion – or less than a quarter of what the previous Olympics cost.

Somehow they still came in under budget.

“The work of the construction and delivery teams, from the ODA and LOCOG, has set a very high standard,” said sports minister Hugh Robertson of the somewhat abnormal surplus. “I have no doubt that London 2012 has set a new benchmark for the management of Olympic and Paralympic Games in future.”

LOCOG ended up with about $603 million left over when all was said and done, which is great news for the London Legacy Development Corporation since it plans to spend $467 million of that on redeveloping the now four month old Queen Elizabeth Olympic Park in east London.

The update to what will essentially be a U.K. sports version of Disneyland will keep the aquatics, cycling, basketball, and handball venues intact, and will also include 2,818 new houses and apartments in five neighborhoods, as well as three schools, three health centers, nine nurseries, and a library.

Lindsey Vonn shows how to win bronze

Getty Images
Leave a comment

JEONGSEON, South Korea — The United States has a fixation at the Olympics on winning gold. Lindsey Vonn showed Wednesday how to win bronze.

“I skied a great race today,” Vonn also said. “Sofia [Goggia] just skied better than I did.”

NBCOlympics.com: Lindsey Vonn oldest woman to win Olympic Alpine medal

She also said she hoped she had made her grandfather proud. Dabbing away tears, she said: “It’s sad. This is my last [Olympic] downhill. I wish I could keep going, you know? I had so much fun. I love what I do. My body just can’t — probably can’t — take another four years. But — I don’t know, I’m proud. I’m proud to have competed for my country. Proud to have given it my all. I’m proud to have … come away with a medal.”

Meyers-Taylor and Gibbs claim silver in women’s bobsled

Getty Images
Leave a comment

Pilot Mariama Jamanka and Lisa Buckwitz won Germany’s latest gold in a sliding sport in PyeongChang, defeating Team USA’s Elana Meyers Taylor sled by 0.07 seconds. Meyers Taylor, along with brakeman Lauren Gibbs, matched the silver she won in Sochi.

NBCOlympics.com: Nigerian bobsled team makes first Olympic appearance

Jamanka led after two runs, and delivered in Run 3, setting a track record with a phenomenal run down the course. She hit the lines perfectly to put the pressure on Meyers Taylor — and Meyers Taylor, who has dealt with an achilles injury in PyeongChang, delivered with a course record of her own. She was 0.07 seconds back after two runs, but closed the gap to 0.04 heading into the final run.

The stage was set for a thrilling final leg. It, too, did not disappoint. Elana Meyers had her best run of the Games, but Jamanka matched it, to give Germany yet another win on the PyeongChang sliding course.

To read the full recap, click here 

Final Standings: 

Gold: Mariama Jamanka and Lisa Buckwitz (GER) – 3:22.45

Silver: Elana Meyers-Taylor and Lauren Gibbs (USA) – 3:22.52

Bronze: Kaillee Humphries and Phylicia George (CAN) – 3:22.89

4. Annika Drazek and Stephanie Schneider (GER) – 3:22.97

5. Jamie Greubel Poser and Aja Evans (USA) – 3:23.02