Well, here’s the news from Boston, the recent “winner” of the 2024 Olympics U.S. bid beauty contest:
“The Games are larger and the world is a different place than 2002 [Salt Lake City Olympics]. I imagine the security costs are going to be in the multiple billions of dollars.”
Our bid came in at exactly the same dollar amount as Boston’s. Why was that? Because that’s the guidance that SF received from the USOC.
The question is whether that was an honest number. The answer is that it was not.
I’m thinking that the costs of Boston’s possible hosting could be in the $15-$20 billion territory – that certainly seems realistic.
That was the size of the bullet we just dodged…
Of course it could be the case that Boston will simply spend $50-$100 million simply preparing a losing bid at the corrupt IOC. That looks to be the best case scenario for us at this point.
And uh oh, the URLs SF2028.org and SF2032.org are already registered, so let’s include the cost of that as the first expense of our next futile bid…