Wednesday July 23rd, 2014

A Brazilian Olympic Committee official said Wednesday that the host nation for the 2016 Summer Olympics in Rio de Janeiro is looking to win 27-30 medals, according to the Associated Press

The targeted total would be a 59 to 76 percent increase over the 17 that Brazil won at the 2012 summer games in London, its highest total ever. 

It is typical for Olympic host nations to see a bounce in their medal count. From the AP

Britain won 47 medals in Beijing in 2008, but managed 65 four years later in London. China won 63 medals in Athens in 2004, but improved to 100 in Beijing.

The official also said that Brazil will spend about $600 million training athletes in the four-year cycle leading up to the Rio games, up from about $350 million in the previous four-year cycle. 

More: Rio Olympics helped by World Cup success

- Molly Geary

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.