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Olympics....in general.
Old 08-23-2004, 03:11 AM   #1
MasterMind
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Default Olympics....in general.

Just some of my thoughts:

I don't know how many new buildings had to be built for the olympics when they were here in the U.S. for Altanta and Salt Lake, but I know that for this years games, many new buildings had to be built(er...I think, right? I always heard it on the news about how they were behind schedule..blah..blah..blah..might not be finished in time...).
Is the return (moneywise) even enough to consider building these stadiums? What are they gonna do with the buildings once the olympics leave? You can't just tear them down, that just costs more money. I'm not sure but I think they won't have other games and sports filling up stadiums to cover costs.

Or do they actually make enough money by just hosting the olympics to the point where the stadiums sit empty and they don't care?

Any one know how it was for the U.S.?
Any one with answers, comments, thoughts? Feel free to reply with your words.
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Re: Olympics....in general.
Old 08-23-2004, 03:21 AM   #2
Dyne
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Default Re: Olympics....in general.

Well, with all the commercials I'm sure there's a crapload of money being flowed through the veins of international economy. And that's what really counts in the end.. right?
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Old 08-23-2004, 10:57 AM   #3
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Default Re: Olympics....in general.

I agree, i'm sure there's a lot of money coming in from the olympics. On the other hand, I did hear them talking about how there were not people in the stands to actually watch the olympics. At least not as many as there usually is. So that could be a set back (probably not a major one).

Does anyone know if the host country makes any money from the network covering the olympics?

As for what they'll do with the building afterwards. I would imagine that now that they have those buildings they'll be more likely to be in the run to host more international events. That's what I imagine is part of the goal.
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Re: Olympics....in general.
Old 08-23-2004, 10:59 AM   #4
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Default Re: Olympics....in general.

I remember they took the main stadium for track and field and turned it into a new baseball field for the Braves. They could do stuff like that, possibly.
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Old 08-23-2004, 11:19 AM   #5
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Default Re: Olympics....in general.

I'm pretty sure the olympic commite (billion dollar commite) pays for the stadiums to be built and whatnot and the cities that host them get to keep them after the olympics leave so they get a free stadium and whatnot for nothing but upkeep and then you can rent places like that out or turn it into stadiums for your local sports events ect. Smart
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Old 08-23-2004, 12:44 PM   #6
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Default Re: Olympics....in general.

well, i know that the city does have to pay something because part of the reason for the set backs was because Greece was having trouble raising money.
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