{"id":261101,"date":"2017-06-16T08:39:44","date_gmt":"2017-06-16T15:39:44","guid":{"rendered":"https:\/\/www.swimmingworldmagazine.com\/news\/?p=261101"},"modified":"2017-06-16T08:39:44","modified_gmt":"2017-06-16T15:39:44","slug":"cost-of-rio-olympics-estimated-at-13-1-billion-us","status":"publish","type":"post","link":"https:\/\/www.swimmingworldmagazine.com\/news\/cost-of-rio-olympics-estimated-at-13-1-billion-us\/","title":{"rendered":"Cost of Rio Olympics Estimated at $13.1 Billion (US)"},"content":{"rendered":"<p>The Rio Olympics cost a total of $13.1 billion (US), according to an analysis from the\u00a0<em>Associated Press<\/em>. That cost is a combination of building venues, running the Games and building other renovations\/additions to Rio to get the city prepared to host.<\/p>\n<p>Venues cost $2.06 billion, or 7.23 billion reals, while the operation and management of the Games came out to $2.8 billion (9 billion reals). The AP obtained those figures from Brazil\u2019s Public Authority for Olympic Legacy and the Rio Organizing Committee, respectively.<\/p>\n<p>But that only adds up to less than $5 billion, so the most significant costs had to come from elsewhere, in the form of infrastructure upgrades. Those costs included building a new doping laboratory and a new subway line, upgrading the historic downtown area and Rio&#8217;s port and cleaning up of pollution in Copacabana Bay.<\/p>\n<p>Since the Olympics, many of Rio&#8217;s venues have fallen into abandonment and various states of disarray, while various levels of Rio government have fallen into significant economic turmoil<\/p>\n<p>&#8220;Should a country with such inequality as Brazil have hosted such an event with this level of investment?&#8221; Brazilian federal prosecutor <strong>Leandro Mitidieri<\/strong> said, according to the AP. &#8220;It is a challenge and we can see the difficulties.&#8221;<\/p>\n<p><em>Read more from the AP by clicking <a href=\"https:\/\/apnews.com\/d1662ddb3bae4d2984ca4ab65012be78\" target=\"_blank\">here<\/a>.<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Rio Olympics cost a total of $13.1 billion (US), according to an analysis from the\u00a0Associated Press. That cost is a combination of building venues, running the Games and building<\/p>\n","protected":false},"author":11,"featured_media":219110,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"dois","enabled":false},"version":2}},"categories":[3,10],"tags":[48679],"class_list":["post-261101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-world","tag-rio-olympics"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin 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