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Rio Games Sees Budget Increase By 25% In Wake Of Project Delays, New Transit Plans

04 / 17 / 14

Brazilian authorities "unveiled an infrastructure budget" of US$10.76B for the '16 Rio Games, which is 25% "more than planned, as they try to reassure the world they can deliver facilities on time," according to Pedro Fonseca of REUTERS. The budget "covers 27 projects in urban development and public...

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Tags: Olympics, Brazil, IOC

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02/12/14
NHL Network Unveils Special Show For Sochi Games

NHL Network will air a new half-hour live program during the Sochi Games starting today and running through Feb. 23. The show, entitled "NHL Tonight: 2014 Sochi Edition," will cover the men's Olympic hockey tournament with interviews, game analysis, news and highlights. The show will be hosted ...

Tags: NHL, Olympics

02/12/14
Putin Says Games Are Running Smoothly

Russia President Vladimir Putin has "relished his role as the host and driving force behind the Sochi Winter Games as media criticism over corruption and flawed facilities was replaced by praise from visitors and athletes," according to Ivan Nechepurenko of the MOSCOW TIMES. Putin has "spent th ...

Tags: Olympics

02/12/14
Burton Says Snowboarding Industry Is Healthy

Good snow on the East Coast has offset a bad winter on the West Coast, helping Burton Snowboards to increase snowboard and apparel sales this year, Founder & CEO Jake Burton said prior to last night’s halfpipe competition at the Sochi Games. News reports two years ago suggested the sp ...

Tags: Olympics

02/12/14
Boston Unsure On Price Tag For '24 Games

The committee exploring whether Boston could host the '24 Games "will not estimate what it would cost when it submits its report to legislators later this month after it heard the price tag in London ballooned by '300 percent' from the time the city bid for the 2012 Games until it held closing cerem ...

Tags: Olympics

02/12/14
Olympic Names In The News

The SAN DIEGO UNION-TRIBUNE reported about 40 "fashion-forward Team USA athletes" in Sochi are wearing "innovative belts designed by" San Diego-based Kore Essentials. Canada’s curling team discovered the company and its belts "with patent-pending 16-gauge stainless steel buckles online and ema ...

Tags: Olympics

02/12/14
THE DAILY's Olympic Medal Stand

Each day during the Winter Games, THE DAILY offers our take on the business performances of some of the people, sponsors, broadcasters and other entities around Sochi. ...

Tags: Olympics

02/12/14
Latest Headlines From SBD/SBJ's Sochi Blog

SportsBusiness Daily/Journal have converted their  On The Ground blog into a comprehensive, daily website devoted to the Sochi Games and the business behind it. The site is free and runs through Monday, Feb. 24, the day after the Closing Ceremony. The site also can be accessed through the On T ...

Tags: Olympics

02/11/14
NBC Faces Stiff Competition On Sunday

NBC saw mixed results for its tape-delayed primetime Olympic coverage on Sunday night, which included the Gold Medal finals for team figure skating, men’s downhill, women’s slopestyle snowboarding and men’s ski jumping (individual K-95). NBC finished with a 14.4 rating and 26.3 mi ...

Tags: Olympics, NBC

02/11/14
Lauer To Host Primetime Show Tuesday For Costas

NBC this morning announced Matt Lauer will replace Bob Costas as the host of NBC’s Sochi Games primetime coverage tonight. Lauer on “Today” said the infection in Costas’ left eye "appears to have spread to the right eye." Costas later appeared on the broadcast via telephone a ...

Tags: Olympics, NBC

02/11/14
White A Polarizing Figure Within Snowboarding

U.S. snowboarder Shaun White finished fourth this afternoon in the men's halfpipe, and while he was attempting to win his third consecutive Gold Medal in the event, some critics were "slamming White for being more boardroom than snowboard these days, building a multi-million dollar empire with endo ...

Tags: Olympics

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