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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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02/18/14
NBC Ahead Of Turin On Nine Of 10 Nights

NBC finished with a 12.1 fast-national rating and 21.3 million viewers for Sochi Games coverage on Sunday night, continuing a trend of beating out the comparable night from the ’06 Turin Games, but coming in well behind live coverage from the ’10 Vancouver Games. Sunday marked the ninth ...

Tags: NBC, Olympics

02/18/14
NHL Decision On Future Olympics Months Away

The NHL this morning was "non-committal" about future participation in the Olympics, leaving "open the possibility that the Sochi Games might be the last to showcase the world's best players," according to Steve Keating of REUTERS. Talk in North America "persists that Sochi will mark the final time ...

Tags: Olympics, NHL

02/18/14
Fasel: Women's Hockey To Stay In Games

The U.S. and Canadian women's hockey teams will play Thursday in the Gold Medal game, marking "the fourth time in five Olympic Games" the teams will meet in the final, according to Brian Stubits of CBSSPORTS.com. The matchup "will guarantee that one of the two North American hockey powers will win g ...

Tags: Olympics, Hockey

02/18/14
IOC Could Add Skateboarding, More BMX By '20

Energized by the additions of slopestyle and freeskiing to the Winter Games program, the IOC is weighing the addition of skateboarding and BMX halfpipe and park to the Summer Olympic program for the '20 Tokyo Games. IOC Sports Dir Christophe Dubi said he expects the IOC to recognize the Int'l Skateb ...

Tags: Olympics, IOC

02/18/14
U.S. Bobsledders Benefiting From BMW Tech

Munich-based BMW considers their U.S. bobsled technology "top-secret information that won't be shared," even with the German team, according to Jeff Zillgitt of USA TODAY. BMW DesignWorksUSA Creative Dir Michael Scully designed a "high-end, high-tech two-man bobsled that is fast, successful and envi ...

Tags: Olympics, BMW Inc.

02/18/14
Under Armour Deals With Speedskating Fallout

The controversy over the U.S. Speedskating team's struggles in Sochi after adopting the new Under Armour Mach 39 suit has "hit the company where it hurt most -- its credibility in high quality athletic apparel -- exactly when it needed to shine on the world stage," according to a front-page piece ...

Tags: Olympics, Under Armour

02/18/14
Independent Athletes Struggle With Olympic Costs

Financial struggles "are hardly unusual for would-be Olympians," but leading Alpine skiers "from wealthy countries like the United States are generally well-funded by their national federations and able to focus their energies on making it through the gates in a hurry," according to Christopher Clar ...

Tags: Olympics

02/18/14
Olympic Names In The News

The AP repors the IOC today “defended the removal” of gay-rights activist VLADIMIR LUXURIA from a Sochi arena, “saying she was ‘escorted from there peacefully’ and not detained.” Luxuria was “taken away by four unidentified men in a car with Olympic markin ...

Tags: Olympics

02/18/14
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

02/18/14
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

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