Sugar Editorial Picks
Aug 26, 2008 -
The 2012 Summer Olympics will take place in London and the city is already admitting their turn to host will not be as extravagant as Beijing. Britain has nothing to feel badly about; this year's Olympics were the most expensive in history, and it's unlikely another city would top that.
Britain is in the midst of a credit crunch that didn't exist when they won the Olympic sweepstakes three years ago.
- 6 Comments
Aug 21, 2008 -
Whose parents mortgaged their home more than once to keep their daughter in the gym?
- 9 Comments
Aug 21, 2008 -
Michael Phelps and gold will continue to go hand in hand due to his record-breaking Olympic performance, and thanks to endorsements it looks like the history maker won't go without for quite some time. Marketers from all walks of business have been trying to get their hands on Michael's buff bod to represent their brands.
We know he's money, but are you?
- 16 Comments
Aug 20, 2008 -
NBC's research shows that women ages 18 and older have made up about 49 percent of those viewing the network's 2008 Olympic coverage. Advertisers know who's watching and aim some ads at female consumers, including this shot below of Nastia Liukin. Can you guess the Olympic sponsor?
- 16 Comments
Aug 19, 2008 -
Olympics fans have been riding on a Michael Phelps wave since he began winning his eight gold medals in Beijing and breaking world records. But sporting the gold isn't a new thing for Phelps — he won six medals in Athens four years ago, and has been collecting about $5 million a year in endorsement checks from VISA after that impressive, teenage performance.
The 23-year-old Phelps has proven his talents have gotten better with more experience and advertisers are now paying even more attention.
- 7 Comments
Aug 18, 2008 -
The pride represented by Olympic medals is priceless, but the medals themselves do have some monetary value. The Olympic Charter's guidelines state that the gold and silver medals must be made of at least 92.5 percent pure silver, and the gold medal must contain at least six grams of gold. Not that they're for sale, but can you guess how much gold medals are worth?
- 5 Comments
Aug 14, 2008 -
The Beijing 2008 Games are the most expensive Olympics ever held, which is saying a lot considering the Athens 2004 Games came with a hefty $16 billion price tag. China is taking its host responsibilities seriously and has come through with a memorable opening ceremony and enormous venues suitable for Olympians. All of the attention and glory comes with a price — guess how much!
- 9 Comments
Aug 11, 2008 -
Athletes competing in Beijing are not paid for their participation, but American competitors who come out on top are rewarded in cash by the US Olympic Committee. Of course, the real money is in promotional contracts: Some of the most stellar athletes, like Michael Phelps, bring in millions with marketing deals.
Do you know how much the gold, silver, and bronze medalists are given as prizes for being the best?
- 14 Comments
Aug 07, 2008 -
As the Olympic torch arrives in Beijing to tour the city before Friday's opening ceremony, the city is all decked out with images everywhere of the Games' sponsors. For global brands, the Olympics are an ideal venue because of the worldwide audience, though this year they may receive more enthusiasm from local consumers in China than viewers abroad.
Wondering what company is in charge of the clocks used to decide who takes home the silver or gold?
- 1 Comment
Jul 24, 2008 -
I've always been kind of obsessed with the Summer Olympics — not in a sporting-an-Olympic-torch-t-shirt kind of way, but I wholeheartedly enjoy and appreciate watching the athletes whose careers are, in fact, sports. The competitors have spent most of their lives working toward the ultimate event that is the Olympics, and many would not have been so successful without their parents' emotional and financial support.
Here's how dedicated one Olympian's parents have been to her sport: Seventeen-year-old Charlotte Craig's father is building a house which he's hoping to sell to help finance her participation in taekwondo.
- 6 Comments