Piers 27-29 would be the focus of the scaled down event, although piers 30-32 may still be in play. (Courtesy America's Cup)

The real estate roulette wheel known as the San Francisco America’s Cup is still in spin.  In the latest turn of events, the city has kicked in a modest $8 million or so to complete partial repairs to Piers 30-32, which had previously been removed from the deal by the privately-run America’s Cup Event Authority (ACEA). Then, citing difficulties in securing corporate sponsors, the Authority named a new CEO and cut its staff in half.

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