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Tokyo 2020 Olympic cost estimate released

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TOKYO (AP) — Organizers of the Tokyo Olympics estimate the total cost of hosting the 2020 Games will be between 1.6 and 1.8 trillion yen ($13-$15 billion).

The official cost estimate announced Wednesday was below the promised 2 trillion ($17 billion) cap, while organizers said they will try to come down further.

“This is Version 1,” said Toshiro Muto, chief executive officer of the organizing committee. “We will continue our cost-cutting effort toward our Version 2.”

Details of cost-sharing among the three parties — the organizing committee, Tokyo and central governments — can be now worked out, Muto said.

The cost estimate includes 590 billion yen ($5.5 billion) to build permanent and temporary venues and other facilities, and 410 billion yen ($3.8 billion) for “soft” costs such as transportation, security and other operational expenses. It takes into account 500 billion yen ($4.7 billion) of revenue from sponsorship, ticket sales, licensing and IOC contributions.

It also calls for a backup budget of 100-300 billion yen ($1-$2.8 billion) to cover “contingency” costs such as possible anti-heat measures that may be needed to cope with Tokyo’s hot weather, officials said.

International Olympic Committee vice president John Coates had criticized the $17 billion cap as too high. Coates, via a videoconference link from Australia, joined chief organizer Yoshiro Mori, Tokyo Gov. Yuriko Koike and Olympic Minister Tamayo Marukawa for Wednesday’s announcement.

Coates praised their effort and said he was “very, very pleased” with the outcome, which is a substantial reduction from an earlier prediction. He noted the taxpayer money would be from 1.1 to 1.3 trillion yen ($10.3-$12.1 billion) and that the total cost also includes “considerable legacy.”

While Coates would not give a numerical target, he said more details are needed in areas such as transport, security and games operations for further cost reduction.

“We need to do more work there. But the feeling we have is that there are savings to be found there,” he said.

Tokyo’s Olympic costs have soared amid Japan’s reconstruction from the earthquake and tsunami in 2011, the year the city launched its bid for the Games. Tokyo secured the Games in 2013. The trend in the construction industry is expected to continue until the Games, officials said.

A Tokyo government panel has warned the eventual total cost could exceed $30 billion — four times the initial estimate — without drastic cuts. The outspoken governor, Koike, has spearheaded a cost-cutting effort, proposing a review of three costly venues.

The IOC is facing pressure to reduce costs to help entice cities to bid for future Games. The $51 billion price tag associated with the 2014 Winter Games in Sochi, Russia, led numerous cities to drop out of bidding for the 2022 and 2024 Olympics. The IOC is encouraging cities to make maximum use of existing and temporary facilities.

Koike has agreed to keep all three venues — for rowing and canoe sprint, swimming and volleyball — at their planned sites in Tokyo, rather than moving them outside the capital. Yet, she said the review led to a 40 billion yen ($340 million) savings and that she is seeing further reductions in line with IOC policy.

“I hope this will be a wisely-spent, sustainable event,” she said.

MORE: IOC ‘pushing’ for MLB players at Tokyo 2020

 

Chinese lead, star pairs struggle in world championships short program

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China’s Sui Wenjing and Han Cong recorded the highest pairs short program score in the world since the 2014 Olympics, topping the world championships field in Helsinki on Wednesday.

Two-time defending world champions Meagan Duhamel and Eric Radford of Canada and Olympic silver medalists Ksenia Stolbova and Fedor Klimov are well behind in seventh and 13th place, respectively.

Sui and Han, in just their second event this season, tallied a personal-best 81.23 points.

They lead by 1.39 over Germans Aliona Savchenko and Bruno Massot going into the free skate Thursday (1 p.m. ET, NBCSN, NBCSports.com/live and the NBC Sports app).

Russians Yevgenia Tarasova and Vladimir Morozov are in third.

The Chinese will go for their first world title after giving up a short-program lead last year and taking silver for a second straight time.

Full worlds short program results are here.

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Sui and Han missed the fall season after Sui underwent right ankle and left foot surgeries last spring. They returned at the Four Continents Championships in February and posted personal-best free skate and total scores, ranking only behind Tarasova and Morozov for the season.

Duhamel and Radford, looking to become the first pair to three-peat in 40 years, came in slowed by Radford’s hip injury suffered in the last week. Radford was off-balance on his triple toe loop landing Wednesday. Duhamel’s hand touched the ice on her throw triple Lutz landing.

They scored 72.67 points, which is 8.56 behind Sui and Han.

Stolbova and Klimov both suffered falls in their short program and scored 65.59, qualifying for the 16-pair free skate by four points. The Russian champions missed the autumn season due to Stolbova’s left leg injury.

The top U.S. pair was Alexa Scimeca Knierim and Christopher Knierim, who posted a personal-best 72.17 points for eighth place. The husband-and-wife pair are competing for the second time this season after Scimeca Knierim’s serious abdominal injury.

U.S. champions Haven Denney and Brandon Frazier suffered two falls and placed 20th, matching the worst U.S. pairs finish in worlds history. They did not qualify for the 16-pair free skate.

Therefore, the Knierims must finish 10th or better after the free skate to ensure the U.S. earns two pairs places at the 2018 Olympics.

Pairs is the U.S.’ weakest discipline. The last U.S. medal in pairs at worlds came in 2002. The last Olympic medal was in 1988.

North Korean pair Ryom Tae Ok and Kim Ju Sik placed 14th in the short program, the highest of any pair expected to compete for one of four final Olympic quota spots in September.

North Korea sent no athletes to the Sochi Olympics, and it’s not a guarantee it will qualify any athletes for PyeongChang, or if it will send athletes to South Korea in February. But Ryom and Kim’s personal best by nearly 11 points on Wednesday was very encouraging.

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MORE: U.S. pairs skater back from life-threatening condition

Pairs Short Program
1. Sui Wenjing/Han Cong (CHN) — 81.23
2. Aliona Savchenko/Bruno Massot (GER) — 79.84
3. Yevgenia Tarasova/Vladimir Morozov (RUS) — 79.37
8. Alexa Scimeca Knierim/Christopher Knierim (USA) — 72.17
20. Haven Denney/Brandon Frazier (USA) — 56.23

Missy Franklin out due to shoulder surgeries

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Missy Franklin is sidelined from swimming competition for an undisclosed period of time to recover from surgeries on both of her shoulders due to bursitis, according to her social media.

“This is what’s best for me to come stronger than ever,” was posted on Franklin’s Instagram. “I’m so far from being done with this sport.”

The five-time Olympic champion was diagnosed in early January following an MRI, underwent surgeries that month and has returned to limited training.

Franklin, who has not raced since the Rio Olympics, will not compete in the next USA Swimming Pro Series meet in Mesa, Ariz., in two weeks.

Her return date is not set.

The U.S. Championships are in June in Indianapolis and serve as a qualifying meet for the world championships in Budapest in July.

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