Is it just a few hundred bucks?
Is it just a few hundred bucks?
How much does it cost who?
Ryan Hall? USATF? The US Olympic Committee? The US taxpayer?
Payer of bills wrote:
How much does it cost [whom]?
Ryan Hall? USATF? The US Olympic Committee? The US taxpayer?
Those are the right questions. In particular, it's important to point out that tax monies are NOT involved.
This is a question that most on this board like to avoid - what is the real cost of this sport?
Between admin, support, flights, insurance etc. I am sure it is not a small amount of money.
Our sport costs money and it doesn't make any. So as a business is royally sucks.
Lyndon LaRouche wrote:
This is a question that most on this board like to avoid - what is the real cost of this sport?
Between admin, support, flights, insurance etc. I am sure it is not a small amount of money.
Our sport costs money and it doesn't make any. So as a business is royally sucks.
You sure about that?
I would be willing to bet that USATF and USOC have income. They are both non-profit organizations but you are delusional if you think they aren't pulling in a lot of money.
As far as the business part of our sport; I'm pretty certain that NYC Marathon, Boston Marathon and all those others pull in a nice little profit also. Otherwise, they would not exist.
Payer of bills wrote:
How much does it cost who?
Ryan Hall? USATF? The US Olympic Committee? The US taxpayer?
OK Dummmmbass, Let me rephrase so you understand.
How much money does it take to send an athlete who stays for a week in London.
Regardless who pays. What is the cost. I am just trying to see what figure you come up with.
1 thousand
tax man wrote:
OK Dummmmbass, Let me rephrase so you understand.
How much money does it take to send an athlete who stays for a week in London.
Regardless who pays. What is the cost. I am just trying to see what figure you come up with.
But how are you defining and allocating those costs?
Accommodations in London are likely provided by the LOC. They are also generating revenue from the sale of tickets to people who want to see those athletes as well as from advertising intended to be seen by those same people.
Do those revenues get counted against the room and board cost for a Ryan Hall (or a Michael Phelps)?
Flight over was probably paid for by US Olympic Committee who, as rights holder to the Olympic brand in the US gets all kinds of revenue from advertisers who want their brands associated with a team that includes a Ryan Hall (or a Michael Phelps).
His uniform, including warmups, was paid for (or at least provided by) the US Olympic Committee or maybe USATF, presumably subsidized by the sponsor who manufactured them.
The marathon trials that selected Ryan Hall was probably largely paid for by the private sector with maybe some funding from USATF (which again gets money from advertisers who want to be associated with a team that includes a Ryan Hall).
Ryan's room and board while attending the Trials was presumably covered by that same private sector (with help from USATF) who put on the Trials. He probably also got some extras from his own private sector sponsors.
His training preparing for the Olympics was presumably funded by his private sector sponsors (since he wasn't going to be competing in a big pay-day marathon that would have its own appearance fees and prize money).
So what costs are you talking about when it comes to sending an athlete like Ryan Hall to the Olympics?
tax man wrote:
Regardless who pays. What is the cost. I am just trying to see what figure you come up with.
But since you just want a figure, $2,537.42. That's the cost I came up with.
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