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Brazil looking for medal bounce at Rio Olympics in 2016

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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. 

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- Molly Geary