I'm sure the final decision boiled down to GREED from SF city officials. They (SF) demanded union wages, but uncle Larry and Russell said no go. The city knew they had the perfect infrastructure for the cup. They (SF) leveraged that to their advantage. They gambled, they doubled down, and didn't flinch. Larry and Russell closed the briefcase and walked. San Francisco lost. So now the unions will continue to provide city officials with their resort homes and BMW's, business as usual.

The numbers that SF claims they lost are a red herring. The economic reports generated in December 2013 reported an positive impact of $550 million for SF and 3,800 jobs. The December reports agreed that there were over 1,000,000 spectators who attended the racing live in SF. How much do you think each spectator spent during his/her visit? How much do you think the bay area collected in retail sales taxes, lodging taxes, airport taxes, rental car taxes, alcohol taxes, etc.?

Name a sporting event that draws a million fans that actually attend the event. Super Bowl? World Cup? How 'bout this shocker . . . sailing. Who woulda thought . . .