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Old 07-27-2015, 04:55 PM   #3601
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Re: Off Topic 2015

It's kinda overrated to host that type of event coming from a cost perspective. Look how many building are abandoned that were used just for the Olympics.
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Old 07-27-2015, 04:57 PM   #3602
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Re: Off Topic 2015

Depends really. When Chicago tried for a bid, they tore down most of the projects and low income housing. They built millennium park and dozens of condo buildings. Both are heavily used today.
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Old 07-27-2015, 06:13 PM   #3603
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Re: Off Topic 2015

Quote:
Originally Posted by Gotmadskillzson
Depends really. When Chicago tried for a bid, they tore down most of the projects and low income housing. They built millennium park and dozens of condo buildings. Both are heavily used today.

Chicago didn't get the bid so they didn't already build random stadiums that are really good for one or 2 events that wouldn't get used again.
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Old 07-27-2015, 06:26 PM   #3604
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Re: Off Topic 2015

A discussion that happened here recently has led me to the realization that I've become a "regular" at the bar down the road. Not quite a Cheers situation, but the bartenders know to give us the bottle caps from our Natty Bohs, the bouncer hits us up on Facebook to see if we're coming by or tell us a live band is playing, and the pool tables being re-felted has become newsworthy in my life. It's kinda disturbing.
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Old 07-27-2015, 06:44 PM   #3605
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Re: Off Topic 2015

Olympics are always a catastrophic economic drain. I'd be jumping for joy if I were them.
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Old 07-27-2015, 08:09 PM   #3606
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Re: Off Topic 2015

Am I going to hell for watching the Special Olympics on ESPN and wondering who 'The Ringer' is??
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Old 07-27-2015, 08:14 PM   #3607
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Re: Off Topic 2015

Quote:
Originally Posted by dickey1331
It's kinda overrated to host that type of event coming from a cost perspective. Look how many building are abandoned that were used just for the Olympics.
Oh wow...you're right.

Bit of info on the Sochi olympics last year.

http://www.rt.com/business/sochi-oly...me-exceed-908/

Quote:
The Sochi Games became the first profitable Olympic Games in a decade, surpassing spending by $22 million, says Deputy Prime Minister Dmitry Kozak.

According to the head of the Sochi 2014 Organizing Committee Dmitry Chernyshenko, the operating profit on the Olympic and Paralympic Games in Sochi, that includes the property which was transferred to sports development in the country, totals around $140 million.

The whole Sochi Olympic Games cost $6 billion, of which $2.7 billion came from central government, the remainder was financed by private companies.
That's a HUGE P/L margin.
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Old 07-27-2015, 08:18 PM   #3608
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Re: Off Topic 2015

Quote:
Originally Posted by ThreeKing
Am I going to hell for watching the Special Olympics on ESPN and wondering who 'The Ringer' is??

Yes. Yes you are.
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