Menu
Olympics

JAPANESE OLYMPIC COMMITTEE IN THE RED, MAY NEED SYDNEY MONEY

     Nagano '98 organizers have asked the IOC for a bigger share
of sponsorship money to offset the loss of earnings on TV rights
fees because of the higher value of the yen, according to KYODO
NEWS.  Under the IOC's "TOP" sponsorship program, TOP-4 will
cover the Nagano '98 and the Sydney 2000 (KYODO, 6/15).  A re-
arranged sponsorship deal could leave less money for Sydney,
according to AGENCE FRANCE PRESSE.  Dick Pound, Chair of the
IOC's Commission for New Sources of Financing, said they would
study Nagano's request (AGENCE   FRANCE PRESSE, 6/14).  KYODO
NEWS reports that this is the first time the JOC has suffered a
deficit since its independence from the Japan Amateur Sports
Assoc in '91.  The JOC reported revenues of 4.476 billion yen
while it spent 4.52 billion yen -- a 46 million yen deficit that
was blamed on "sluggish marketing" (KYODO NEWS, 6/14).
     MORE NAGANO NEWS:  NAOC and JOC have named NTT a Gold
Sponsor for the Nagano Games in the domestic telecomm category.
NTT will provide state-of-the-art technology services for the
building of networks for voice, data and graphics transmission
(NAGANO OLYMPIC NEWS, 6/95 issue).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1995/06/16/Olympics/JAPANESE-OLYMPIC-COMMITTEE-IN-THE-RED-MAY-NEED-SYDNEY-MONEY.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1995/06/16/Olympics/JAPANESE-OLYMPIC-COMMITTEE-IN-THE-RED-MAY-NEED-SYDNEY-MONEY.aspx

CLOSE