Quote of the Day
“It hurts, it stings, and I don’t think the city is going to get over it for quite some time.”
-- FanHouse.com’s Jay Mariotti, on Chicago failing in its bid to host the ’16 Games (“SportsCenter,” ESPN, 10/2).
The collective gasp in the U.S. was the sound after the Chicago bid for the ‘16 Games was surprisingly eliminated in the first round of the IOC vote. With Rio de Janeiro winning the right to host the Games, the victory gives South America its first ever Olympic Games and offers the IOC a chance to expose an entire continent to the Olympic ideals. It also proves that the IOC is confident that Brazil can not only execute the ‘14 FIFA World Cup and ‘16 Olympics, but can keep the marketplace uncluttered enough for sponsors to derive value from associating with the ‘16 Olympics. But the vote leaves Chicago and the U.S. Olympic movement searching for answers following the devastating defeat. Chicago's first-round exit shocked U.S. Olympic insiders who considered it the best bid in the nation's history. Many took it as a sign that anti-American sentiment is still strong internationally, especially within the ranks of the IOC. The IOC’s decision also creates a new challenge for the USOC, which has been plagued by leadership turmoil and considerable economic pressure over the last year.
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