Oct 23, 2012, 1:45 PM EDT
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.
Aug 4, 2015, 4:23 PM EDT
The film includes footage from Olympics from 1976 through 2012.
Aug 4, 2015, 2:30 PM EDT
Franklin got a horrible start in the 100m backstroke.
Aug 4, 2015, 2:01 PM EDT
U.S. sailors comment while training at Guanabara Bay.
Aug 3, 2015, 5:28 PM EDT
The Olympics open on Aug. 5, 2016.
Aug 3, 2015, 4:52 PM EDT
“We swim in waters all around the world, and this was no different from anywhere else,” Gwen Jorgensen said.
Aug 3, 2015, 2:51 PM EDT
May-Treanor retired after the London Olympics and had a baby.
Katinka Hosszu, Sarah Sjostrom break records; Missy Franklin, Ryan Lochte make finals at World Championships
Aug 3, 2015, 1:15 PM EDT
Lochte posted his best time since the London Olympics.
Aug 3, 2015, 8:59 AM EDT
Boudia trounced one Chinese star but was beaten by a longtime rival.
Aug 3, 2015, 8:35 AM EDT
“It did feel pretty easy.”
Aug 2, 2015, 12:13 PM EDT
Also, a U.S. Olympic champion’s world record was broken in a semifinal.
Aug 2, 2015, 10:01 AM EDT
They could make history in Rio de Janeiro.
Aug 2, 2015, 1:28 AM EDT
Rousey is a 2008 Olympic judo bronze medalist.
Aug 1, 2015, 3:09 PM EDT
It wants to make a decision by the end of the month.
Jul 31, 2015, 10:57 AM EDT
Key swimmers and events to watch.
Jul 31, 2015, 10:55 AM EDT
Action gets started Sunday in Kazan.
Jul 31, 2015, 6:12 AM EDT
Beijing beat Almaty, Kazakhstan, in a very close IOC vote.
Jul 30, 2015, 3:42 PM EDT
A US Sailing official maintained his stance on the Rio water from last year.
Jul 30, 2015, 1:31 PM EDT
Watch the goalie’s interview on The Dan Patrick Show.
Jul 30, 2015, 1:00 PM EDT
Farah was to have “blood data, supplements data, everything surrounding his medical treatment” investigated.
Jul 30, 2015, 10:12 AM EDT
NBC, NBC Sports Live Extra and Universal Sports will combine for daily coverage.
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