The multi-billion dollar extravaganza in Beijing is history. Perhaps we’ll never see anything like that again.
The dollars and cents of the Olympics – Money.CNN.com
And though the Olympics is STILL all about the money, the IOC is looking at more frugal events in future.
IOC President Jacques Rogge:
… the size and cost of future Olympics must be kept in check, saying, “We are in a mode for lean Games.â€
Alan Abrahamson – Universal Sports
The 2010 Winter Olympics in Vancouver, Canada just announced a “revised budget” which it says will make it better equipped for the global economic downturn.
The host for 2016 will be decided in Oct. 2009.
Chicago, I think, is the favourite over Rio, Madrid and Tokyo.
But all 4 of those cities will be fighting hard over who will gain the economic windfall of hosting those Games.
Gymnastics Coaching.com 