|
|
Post by Werebeaver on Dec 6, 2021 13:38:38 GMT -8
The SLOC got federal funding to build/renovate Olympic venues? The Federal government spent $342 million on the 2002 Olympics. Approximately 85% of that was for safety, security and transportation. The remaining 15%, approximately $50 million was for the building and renovation of Olympic venues. The State of Utah donated an additional 40%-50% of those amounts. Local governments chipped in another 20%-25% of those amounts. The vast majority of the money (almost four times as much as the feds chipped in and more than double all governmental sources) came from the Salt Lake City Organizing Committee. After a November 15, 1997, win over Rice, Rice Stadium was almost completely demolished and replaced with a modern steel, concrete and glass facility. The only part of the stadium that remained after the 1997-1998 overhaul was the South End Zone, which was built new in 1982. Spencer Eccles, chairman of Utah's biggest bank, First Security Corporation (purchased by Wells Fargo in 2000), donated $10 million toward renovating Rice Stadium, which, in turn, became Rice-Eccles Stadium. The delta between what it ultimately cost and the amount that Spencer Eccles donated appears to have largely been made up of money received from the SLOC, the Feds, Utah and local governments. So, yes, the SLOC got some Federal funding to build/renovate Olympic venues. And the University of Utah did not have to go into debt for a mostly brand new stadium. However, it should be noted that the Federal government did not pay for most of it. So the statement: ”Utah also had its stadium rebuilt pretty much for free by the feds”, Is not supported by the facts. |
|
|
|
Post by Werebeaver on Dec 6, 2021 13:39:38 GMT -8
Would Whittingham leave Utah for Oregon ? I can’t think of any reason why he would - or should. |
|
|
|
Post by spudbeaver on Dec 6, 2021 13:43:43 GMT -8
Do any current players follow along or current recruits. For that matter, wonder how many enter the portal in general? Given the urgency to make a hire to prevent a complete implosion of current roster and recruiting class, seems Wilcox will be the logical target. I don’t get the Wilcox thing. What’s he ever done to indicate he’s a top shelf coach? |
|
|
|
Post by atownbeaver on Dec 6, 2021 13:47:16 GMT -8
The Federal government spent $342 million on the 2002 Olympics. Approximately 85% of that was for safety, security and transportation. The remaining 15%, approximately $50 million was for the building and renovation of Olympic venues. The State of Utah donated an additional 40%-50% of those amounts. Local governments chipped in another 20%-25% of those amounts. The vast majority of the money (almost four times as much as the feds chipped in and more than double all governmental sources) came from the Salt Lake City Organizing Committee. After a November 15, 1997, win over Rice, Rice Stadium was almost completely demolished and replaced with a modern steel, concrete and glass facility. The only part of the stadium that remained after the 1997-1998 overhaul was the South End Zone, which was built new in 1982. Spencer Eccles, chairman of Utah's biggest bank, First Security Corporation (purchased by Wells Fargo in 2000), donated $10 million toward renovating Rice Stadium, which, in turn, became Rice-Eccles Stadium. The delta between what it ultimately cost and the amount that Spencer Eccles donated appears to have largely been made up of money received from the SLOC, the Feds, Utah and local governments. So, yes, the SLOC got some Federal funding to build/renovate Olympic venues. And the University of Utah did not have to go into debt for a mostly brand new stadium. However, it should be noted that the Federal government did not pay for most of it. So the statement: ”Utah also had its stadium rebuilt pretty much for free by the feds”, Is not supported by the facts. We can edit to: "Utah got a lot of unique help in building their stadium, which is quite nice, and has the luxury of not having a large debt service on it." |
|
|
|
Post by atownbeaver on Dec 6, 2021 13:47:59 GMT -8
Do any current players follow along or current recruits. For that matter, wonder how many enter the portal in general? Given the urgency to make a hire to prevent a complete implosion of current roster and recruiting class, seems Wilcox will be the logical target. I don’t get the Wilcox thing. What’s he ever done to indicate he’s a top shelf coach? Get away with continually coaching his players to hurt the star players on other teams? He seems to be a master at that. |
|
|
|
Post by bigorangebeaver on Dec 6, 2021 13:55:48 GMT -8
After a November 15, 1997, win over Rice, Rice Stadium was almost completely demolished Tough bet for Rice to lose...  |
|
|
|
Post by wilkyisdashiznit on Dec 6, 2021 14:27:05 GMT -8
The Federal government spent $342 million on the 2002 Olympics. Approximately 85% of that was for safety, security and transportation. The remaining 15%, approximately $50 million was for the building and renovation of Olympic venues. The State of Utah donated an additional 40%-50% of those amounts. Local governments chipped in another 20%-25% of those amounts. The vast majority of the money (almost four times as much as the feds chipped in and more than double all governmental sources) came from the Salt Lake City Organizing Committee. After a November 15, 1997, win over Rice, Rice Stadium was almost completely demolished and replaced with a modern steel, concrete and glass facility. The only part of the stadium that remained after the 1997-1998 overhaul was the South End Zone, which was built new in 1982. Spencer Eccles, chairman of Utah's biggest bank, First Security Corporation (purchased by Wells Fargo in 2000), donated $10 million toward renovating Rice Stadium, which, in turn, became Rice-Eccles Stadium. The delta between what it ultimately cost and the amount that Spencer Eccles donated appears to have largely been made up of money received from the SLOC, the Feds, Utah and local governments. So, yes, the SLOC got some Federal funding to build/renovate Olympic venues. And the University of Utah did not have to go into debt for a mostly brand new stadium. However, it should be noted that the Federal government did not pay for most of it. So the statement: ”Utah also had its stadium rebuilt pretty much for free by the feds”, Is not supported by the facts. Utah had its stadium rebuilt pretty much for free by the feds..........and others. Or more accurately, Utah had its stadium rebuilt pretty much for free by several parties, including the feds. I don't have a dog in the fight. The SLOC took $50 million from the Feds to build and renovate venues. And the bigger transportation number from the feds includes things like helping to build parking lots and parking structures and the like, things that the University normally would have had to pay for. And that helped Utah fuel its rise to where it is now, because they helped to found the Mountain West the following season. Five years later, they are crushing Pittsburgh in the Fiesta Bowl. Four years later, they are beating Michigan at the Big House and Alabama in the Sugar Bowl. After the next season, they were invited to join the Pac-12. And all of that would have been a heck of a lot more difficult without the hundreds of millions from the Federal Government and the billion+ that the SLOC was able to raise. And now, they're winning the Pac-12, which is great.......I guess. Our tax dollars at work. |
|
|
|
Post by Henry Skrimshander on Dec 6, 2021 15:38:16 GMT -8
The Federal government spent $342 million on the 2002 Olympics. Approximately 85% of that was for safety, security and transportation. The remaining 15%, approximately $50 million was for the building and renovation of Olympic venues. The State of Utah donated an additional 40%-50% of those amounts. Local governments chipped in another 20%-25% of those amounts. The vast majority of the money (almost four times as much as the feds chipped in and more than double all governmental sources) came from the Salt Lake City Organizing Committee. After a November 15, 1997, win over Rice, Rice Stadium was almost completely demolished and replaced with a modern steel, concrete and glass facility. The only part of the stadium that remained after the 1997-1998 overhaul was the South End Zone, which was built new in 1982. Spencer Eccles, chairman of Utah's biggest bank, First Security Corporation (purchased by Wells Fargo in 2000), donated $10 million toward renovating Rice Stadium, which, in turn, became Rice-Eccles Stadium. The delta between what it ultimately cost and the amount that Spencer Eccles donated appears to have largely been made up of money received from the SLOC, the Feds, Utah and local governments. So, yes, the SLOC got some Federal funding to build/renovate Olympic venues. And the University of Utah did not have to go into debt for a mostly brand new stadium. However, it should be noted that the Federal government did not pay for most of it. So the statement: ”Utah also had its stadium rebuilt pretty much for free by the feds”, Is not supported by the facts. OK. How about through tax revenue from the state of Utah and taxpayers from other states? The greater point is, Utah got a mostly brand-new stadium with little or no contribution from the athletic department, and no subsequent debt service for 20 or 30 years. |
|
|
|
Post by atownbeaver on Dec 6, 2021 15:42:58 GMT -8
So the statement: ”Utah also had its stadium rebuilt pretty much for free by the feds”, Is not supported by the facts. Utah had its stadium rebuilt pretty much for free by the feds..........and others. Or more accurately, Utah had its stadium rebuilt pretty much for free by several parties, including the feds. I don't have a dog in the fight. The SLOC took $50 million from the Feds to build and renovate venues. And the bigger transportation number from the feds includes things like helping to build parking lots and parking structures and the like, things that the University normally would have had to pay for. And that helped Utah fuel its rise to where it is now, because they helped to found the Mountain West the following season. Five years later, they are crushing Pittsburgh in the Fiesta Bowl. Four years later, they are beating Michigan at the Big House and Alabama in the Sugar Bowl. After the next season, they were invited to join the Pac-12. And all of that would have been a heck of a lot more difficult without the hundreds of millions from the Federal Government and the billion+ that the SLOC was able to raise. And now, they're winning the Pac-12, which is great.......I guess. Our tax dollars at work. Only other thing to add to this is remember the glorious power of inflation. The $50 million renovation is the equivalent of about $80 million today. Still a deal, as 7 years or so later (not sure exactly when the contracts were signed) we Raised Reser for $80 million, and we go half a stadium and fewer seats!. Not that the East side isn't quite nice. We are basically doing to the West side, what we did to the east side, now some 15 years later, for twice the amount. |
|
|
|
Post by atownbeaver on Dec 6, 2021 15:43:41 GMT -8
So the statement: ”Utah also had its stadium rebuilt pretty much for free by the feds”, Is not supported by the facts. OK. How about through tax revenue from the state of Utah and taxpayers from other states? The greater point is, Utah got a mostly brand-new stadium with little or no contribution from the athletic department, and no subsequent debt service for 20 or 30 years. That is the bottom line. It is helping them now as they are kicking off an $80 million upgrade to their stadium. this time they actually have to pay for it. |
|
|
|
Post by orangethunder on Dec 6, 2021 15:52:17 GMT -8
|
|
|
|
Post by irimi on Dec 6, 2021 17:33:11 GMT -8
I guess it pays to be overrated. Imagine if he had actually won the Pac 12 conference. LOL |
|
|
|
Post by Judge Smails on Dec 6, 2021 17:37:36 GMT -8
I guess it pays to be overrated. Imagine if he had actually won the Pac 12 conference. LOL He did. 1.5 times….last year only counts as a half |
|
|
|
Post by irimi on Dec 6, 2021 17:40:41 GMT -8
I guess it pays to be overrated. Imagine if he had actually won the Pac 12 conference. LOL He did. 1.5 times….last year only counts as a half I know. I meant this year. And I don’t count last year, even as half. You are a generous person. |
|
|
|
Post by osulewdog on Dec 6, 2021 18:17:07 GMT -8
Wilcox fits right in as a duck coach with a propensity to push the limits of injury inducing plays against opponents. Since unc fil (ya I know incorrect spelling) can’t buy a natty, maybe more opponent injuries could add a win or two to the season
|
|
