Quote:
Originally Posted by Bunk
If the feds and IOC can make up that difference (with ~$150m more each), then it's a good deal.
City: $550m
Alberta: $700m
Canada: $1.65b
IOC: $1.35b
Games revenue: the rest
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I'll grant you the 150 million to the IOC as they might be desperate for anyone to host.
but the "City" needs an asterisk as that number will change to cover any revenue shortfalls and the inevitable going over budget.
raise your hand if you think the city of Calgary will end up paying less than a billion. especially if the feds don't sweeten their suggested percentage.