458230_ORIG

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.

Man arrested after trying to steal Olympic torch

SALVADOR, BRAZIL - MAY 24: The Olympic flame in the Bonfim Church, on May 24, 2016 in Salvador, Brazil. (Photo by Felipe Oliveira/Getty Images)
Getty Images
Leave a comment

SAO PAULO, Brazil (AP) — A man was wrestled to the ground and detained after he tried to steal the Olympic torch as it passed through the Brazilian town of Guarulhos.

In the video, which can be seen here, the unidentified man is seen trying to break through the line of security guards accompanying the torch bearer at the 40 kilometer mark of the parade in Sao Paulo state. The man was taken away and the torch bearer continued the run on Saturday.

The torch will be in Sao Paulo for the next days and will arrive in Rio de Janeiro on Aug. 4, one day ahead of the opening ceremony of the Olympic Games.

Rio’s Aug. 5-21 games have been hit by Brazil’s economic recession, security concerns and fears about the mosquito-borne Zika virus.

MORE: Man takes selfie in front of crash during Olympic torch relay

It’s official: U.S. sending 555 athletes to Rio Olympics

LONDON, ENGLAND - JULY 27:  Mariel Zagunis of the United States Olympic fencing team carries her country's flag during the Opening Ceremony of the London 2012 Olympic Games at the Olympic Stadium on July 27, 2012 in London, England.  (Photo by Michael Regan/Getty Images)
Getty Images
2 Comments

With a ceremony on Venice Beach, just outside Los Angeles, which is bidding for the 2024 Olympics Games, the 2016 U.S. Olympic team was officially confirmed Saturday for the Rio Games.

Four-time Olympic gold medalist Janet Evans, who is on the LA 2024 Olympic bid committee, hosted the event and was joined on stage by women’s basketball player Tamika Catchings, who will make her fourth Olympic appearance, as well as water polo player Tony Azevedo and beach volleyball player Kerri Walsh Jennings, both of whom are set for their fifth Olympics.

Evans confirmed a roster 555 U.S. athletes, which will be the largest athlete delegation of any nation, the first time since 2004 that the U.S. held that distinction at a Summer Olympics.

Among the interesting numbers released by Team USA:

– The most women (292) to ever compete for one nation in Olympic history; 263 U.S. men will compete.

– Americans will participate in 244 of the 306 medal events in Rio.

– The U.S. will be represented in 27 sports (40 disciplines).

– 191 returning Olympians.

– Three six-time Olympians – equestrian Phillip Dutton, and shooters Emil Milev and Kim Rhode – giving the U.S. 11 athletes in history, summer or winter, to make six Games.

– Seven five-time Olympians – Tony Azevedo (water polo), Glenn Eller (shooting), Bernard Lagat (track and field), Steven Lopez (taekwondo), Michael Phelps (swimming), Kerri Walsh Jennings (beach volleyball) and Venus Williams (tennis). Only 35 U.S. athletes in addition to these have appeared in at least five Olympics.

– 19 four-time Olympians, 50 three-time Olympians, 112 two-time Olympians and 363 Olympic rookies.

– 108 returning Olympic medalists, 68 returning Olympic gold medalists, and 45 Olympians owning multiple medals.

– 53 U.S. athletes will attempt to defend titles from London; 19 in individual events.

– 54 of the athletes are parents.

– 17 athletes have military ties.

– 46 states are represented.

MORE: U.S. Olympic team of 550-plus athletes most of any nation in Rio