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Old 03-21-2018, 12:29 AM   #31
CaptainCrunch
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Putting on the Olympics now is a lot different then the 88 Olympics.

The cost and complications would be far more expensive then they were back then.

Holding the opening ceremony at McMahon would be pretty much a no go, we wouldn't get away with putting up temporary seats.

Even the technology requirements for the facilities is a lot more advanced.

Calgary spent 829 million dollars in 1988 if you do an inflation calculator that comes out to about 1.9 billion dollars

The latest Olympic games had a final price tag of 12.9 billion dollars after they estimated 9.5 billion dollars. The Olympic committee contributed about 880 million dollars

Vancouver's Olympics rang in at 6.4 billion US, and they made about 2 million in profit.

The Sochi Olympics had a price tag of about $50 billion, which is just stupid

Its just not worth it, most Olympics end up losing money, especially after the long term forecast of increased tourism doesn't happen.

At the end of the day, as much as the Olympic committee says, oh no the Domes ok, that's just to get Calgary on the bid list. They'll end up proposing a new hockey rink and a new multipurpose outdoor stadium to hold the opening and closing ceremony. Things like the bob sled track and the ski jumps probably aren't going to be usable.

Calgary made a profit on the last olympics because the Winter Olympics were the little brother of the Olympic movement. That's not the case anymore, and cost control goes out the window when you deal with Olympic committees.
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