Chicago Olympics Costs

Chicago Olympics Bid Brings Protests, Opposition (PHOTOS)

AP | DON BABWIN | Posted 11.30.2009 | Chicago


CHICAGO — (AP) The mayor, the president and Oprah Winfrey may hope to return to Chicago from Copenhagen with the 2016 Olympic Games, but some ar...

Chicagoans For Rio Site Creator Comes Clean

Chicago Tribune | James Janega | Posted 11.28.2009 | Chicago


A 43-year-old Chicago advertising copywriter told the Chicago Tribune today that he was the creative mind behind ChicagoansForRio.com, ending a weeklo...

...Or...Keep The Olympics Out Of Chicago!

The Huffington Post | Jonathan Daniel Harris | Posted 11.28.2009 | Impact


If all the hoopla surrounding Chicago's pitch to host the 2016 Summer Olympic Games makes you cringe, you're not alone. Thousands of people have joine...

2016 Olympics Financial Benefit Far Less Than Predicted: Report

Crain's Chicago Business | John Pletz | Posted 11.24.2009 | Chicago


The economic boost from the Olympics will be about one-fourth the size claimed by the Chicago 2016 bid committee, according to a study to be released ...

Daley On Olympics: 'This Is All About Jobs'

CBS 2 | Jay Levine | Posted 11.23.2009 | Chicago


When Mayor Daley talks about the Olympics, he's clearly focused more on jobs and money than track and field....

Olympics Insurance Coverage Has Over $2 Billion Hole

Crain's Chicago Business | John Pletz | Posted 11.21.2009 | Chicago


Mayor Richard M. Daley and Patrick Ryan assure Chicago taxpayers that a safety net of insurance would insulate them from the financial risks of hostin...

Park District May Fork Over $20M For Olympic Canoe, Kayak Course

AP | Posted 11.14.2009 | Chicago


The Chicago Park District may contribute $20 million toward the construction of a canoe and kayak slalom course should the city win its bid for the 20...

City Council Votes To Put Taxpayers On Hook For Olympics Cost Overruns

AP | DEANNA BELLANDI | Posted 11.09.2009 | Chicago


CHICAGO (AP) -- Bring on Da Games. The City Council unanimously agreed Wednesday to take full financial responsibility if Chicago is awarded the 2016...

Why 'Trust Us' Doesn't Cut it for the Olympics

Matt Farmer | Posted 11.08.2009 | Chicago


Matt Farmer

The mayor who gave us the hired truck scandal, the parking meter debacle and the middle-of-the-night destruction of Meigs Field is asking taxpayers to take a great leap of faith with this Olympic venture.

Mark Brown: 'The Olympics Would Be Great For Chicago'

Chicago Sun-Times | Mark Brown | Posted 10.22.2009 | Chicago


The Olympics would be great for Chicago. This seems obvious to me on its face, and yet I realize it has become an increasingly unpopular viewpoint....

Support For Chicago Olympics Drops In Tribune Poll

Chicago Tribune | Todd Lighty and Kathy Bergen | Posted 10.19.2009 | Chicago


Support in Chicago for the 2016 Summer Olympic Games has dwindled, with residents now sharply divided over whether the city should host the Games, a T...

Olympic Committee Report Finds No Clear Front Runner For 2016 Games

AP | STEPHEN WILSON | Posted 10.18.2009 | Chicago


LONDON — The Rio bandwagon seems to be picking up speed. Rio de Janeiro's bid to take the Olympics to South America for the first time in 2016 g...

Alderman, Daley Pitch Conflicting Olympics Oversight Plans

Chicago Tribune | David Heinzmann and Dan Mihalopoulos | Posted 10.17.2009 | Chicago


With little more than a month until the International Olympics Committee decides whether Chicago will get the 2016 Summer Games, aldermen are unveilin...

Top Chicago Olympics Officials Draw Six-Figure Salaries

Chicago Sun-Times | FRAN SPIELMAN | Posted 10.17.2009 | Chicago


Mayor Daley's chief of staff got a whopping 41 percent pay raise -- to $250,000 a year -- when she jumped off the City Hall merry-go-round to become p...

What Happened in Switzerland (When We Met the IOC)

Tom Tresser | Posted 09.30.2009 | Chicago


Tom Tresser

'Why are you here?' the IOC representative asked. I explained that we are citizens who believe that hosting the Olympics would be a disaster for Chicago.

Daley Vastly Overestimating Economic Impact Of 2016 Games: Report

Crain's Chicago Business | John Pletz | Posted 09.24.2009 | Chicago


Mayor Richard M. Daley's prediction that the 2016 Olympics would give Chicago's economy a $22.5-billion boost vastly overstates the likely benefits of...

Olympics Bid Met With Suspicion In Bronzeville

Progress Illinois | Angela Caputo | Posted 09.12.2009 | Chicago


Ever since they got a whiff of proposed plans to turn their Chicago neighborhoods into ground zero for the 2016 Olympics, many South Side residents ha...

Olympic Village To Cost Around $1.18 Billion, Use TIF Money

Chicago Tribune | Kathy Bergen | Posted 09.05.2009 | Chicago


The tab for building an Olympic Village typically is reported to be about $1 billion, but a tally of various associated costs puts the total at $1.18 ...

Chicago's Olympics Bid Team Postpones Financial Disclosures

Chicago Tribune | Kathy Bergen and David Heinzmann | Posted 08.29.2009 | Chicago


Coming down the homestretch to the October selection of an Olympic host city, Chicago's 2016 bid team is postponing the disclosure of detailed financi...

Chicago Olympics Bid Dogged By Recession

New York Times | Monica Davey | Posted 08.27.2009 | Chicago


On a recent afternoon, Mayor Richard M. Daley delivered his annual speech on the condition of the city he has run for 20 years. Revenues may fall $250...

Chicago Olympics Costs To Get Independent Audit

Crain's Chicago Business | Greg Hinz | Posted 08.15.2009 | Chicago


A well-known British consulting firm has been hired to conduct an independent review of the numbers behind the proposed 2016 Chicago Olympics....

Daley: Olympics Bid 'Is The Only Economic Engine'

Chicago Sun-Times | Fran Spielman | Posted 08.08.2009 | Chicago


An impassioned Mayor Daley today portrayed the 2016 Summer Olympic Games as the economic salvation for Chicago, but warned that the city just might lo...

Inspector General Calls For More Transparency On Olympics Bid

AP | MIKE ROBINSON | Posted 07.30.2009 | Chicago


CHICAGO (AP) -- Chicago's inspector general said Monday this corruption-plagued city should turn itself into a model of reform or it could be selected...

Under Fire, Daley Floats Larger Olympics Taxpayer Insurance Policy

Chicago Sun-Times | MARY WISNIEWSKI | Posted 07.29.2009 | Chicago


Mayor Daley said Saturday he wants a deal in which private insurance money would be tapped before public money if an Olympic Games in Chicago suffered...

Daley Changes Tune On Olympics Funding Guarantee

Chicago Sun-Times | LISA DONOVAN | Posted 07.27.2009 | Chicago


Facing a credibility problem over his Olympics plans, Mayor Daley sought to assure taxpayers today that the games would not cost them any additional m...