Birmingham World Video games 2022 $15.6 million debt: Who’s owed what

The World Video games has excellent invoices totaling $15,656,173 owed to greater than 100 corporations or people, in line with a listing obtained by AL.com. Fifty-seven of the businesses are recognized on the listing as both native to the Birmingham space or various (minority- or women-owned).

World Video games CEO Nick Sellers wouldn’t touch upon the listing, apart from to verify the distinction between the quantity of excellent invoices and the previously reported $14.1 million in debt from the 11-day occasion represents cash-on-hand and accounts receivable.

“The Birmingham Organizing Committee (BOC) can not verify the listing of distributors with excellent invoices,” Sellers stated. “Whereas we need to be clear, it’s simply not honest to our distributors who didn’t ask to be put into the highlight.

“However we are able to verify that every vendor who partnered with us helped our metropolis and state ship a world-class occasion.”

Two worldwide corporations prime the listing of distributors owed. Host broadcaster ISB is owed $1,182,000. Swiss Timing is owed $1,155,000

Listed below are corporations owned in extra of $300,000:

Van Wagner (sports activities manufacturing, together with medal ceremonies): $938,680

Miller Media (sports activities manufacturing/presentation, LED partitions, signage): $878,000

Revel XP (bleachers, tents, staging:) $852,000

Sheraton (room for video games officers): $776,000

Thompson CAT (tractors, turbines, energy): $676,610

UAB Sodexo (Athletes meals): $607,000

USA Climbing (partitions, delivery) $372,500

BJCC (rental, labor): $350,862

TGI (venue signage, decor): $315,000

As well as, 53 corporations concerned within the manufacturing of the opening and shutting ceremonies are listed collectively as being owed a complete of $1,722,000

Media buys throughout numerous platforms characterize $500,000 owed

Salaries owed account for $320,000

Nineteen corporations are owed between $100,000-$300,000 (13 are listed as native or various).

60 corporations/individuals are owed lower than $100,000 (36 are listed as native or various).

Learn extra:

World Games $14 million shortfall; ‘We have every intention….to pay our vendors,’ says CEO

World Games had high cost, hard to measure gains for Birmingham

Those 11 days in July changed us forever

World Games’ economic gains must lift lives, too

On Monday, Birmingham Mayor Randall Woodfin delivered a letter to Metropolis Council members asking them to approve a “last funding request” for $5 million.

“I respectfully request this matter be offered to the complete council for consideration on Tuesday, August 23,” the mayor wrote. “In case you agree, then I’ll request the management of the Birmingham Organizing Committee (BOC) to be current for this assembly.”

Council President Wardine Alexander: “The World Video games was successful for town and area. We had been in a position to showcase Birmingham and surrounding cities to over 100 international locations all over the world and welcome 1000’s of individuals to Birmingham. The Council is constant to work with the mayor to overview and handle the request that’s earlier than us; notably because it pertains to the wants of our native distributors.”

Sellers beforehand stated the BOC “assured Mayor Woodfin and town council that any further funds it contributes will go straight in the direction of making certain the Birmingham-area distributors are paid as part of our plan to fulfill all excellent invoices.”

The BOC made the identical dedication to the Jefferson Fee, “in addition to satisfying our remaining invoices to our worldwide companions,” Sellers confirmed earlier. “That is crucial for ongoing financial improvement efforts.”

Earlier, Alexander stated: “We hope that each one our companions that helped to make the World Video games potential will be a part of us to make sure that all the duties are met.”