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Budapest's Withdrawal Highlights Need For Changes, Olympic Insiders Say

Published in SportsBusiness Daily Global on 02 / 24 / 17

Budapest's withdrawal from bidding for the 2024 Olympics, a process "already marred by a string of exits, highlights the need for changes to the Games model, insiders say," according to Karolos Grohmann of REUTERS. The Olympic Games "were once the most hotly contested sports commodity in the wo...

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Tags: Europe, Olympics

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'No Evidence' Of Olympic Bribes

The IOC has seen "no evidence" so far to support allegations of possible bribery in the bidding for the 2016 and 2020 Games, according to Stephen Wilson of the AP. The IOC said that it applied to be a party to the investigation by French authorities into corruption in track and field that "could spr ...

Tags: Olympics, Europe

Maracanã Handed Over To Olympic Management

As the opening day of the Rio 2016 Olympic Games approaches, the centerpiece of the spectacle, the Maracanã, "has been handed over to the Rio 2016 Organizing Committee," according to Jay Forte of the RIO TIMES. The opening and closing ceremonies will be held at the Maracanã Stadium, as ...

Tags: Olympics, Brazil

IOC To Remove Itself From Rio Doping Cases

In a "major change" in the handling of positive drug tests at the Olympics, the IOC agreed Tuesday "to remove itself from the process and have a group of independent sports arbitrators rule on doping cases during the games in Rio de Janeiro," according to Stephen Wilson of the AP. IOC spokesperson M ...

Tags: Olympics, Brazil

French Police Widen Corruption Investigation

French prosecutors investigating corruption in world athletics "expanded their remit to include the bidding and voting processes for the Rio 2016 and Tokyo 2020 Olympic Games," according to Owen Gibson of the London GUARDIAN. Up to now the investigation into wrongdoing at the IAAF "has led to multip ...

Tags: Olympics, Japan, Brazil

Olympic Notes

Int'l Boxing Federation ( AIBA ) President Ching-Kuo Wu said that professional boxers will feature at the 2016 Rio de Janeiro Olympics "as long as a constitutional change goes through in June." Last month's decision by AIBA to begin procedures to open the door for pro boxers to compete alon ...

Tags: Olympics

Tokyo 2020 Adds Mitsubishi Electric As Partner

Mitsubishi Electric Company is now a Tokyo 2020 official partner, the second domestic tier of the Tokyo 2020 sponsorship program. Mitsubishi Electric has been attributed the category "Elevators, Escalators & Moving Walkways." Its addition brings the total number of Tokyo 2020 partners to 28, inc ...

Tags: Olympics, Japan

Rio 2016, Anti-Doping Top IOC Agenda

With five months to go until the Olympics in Rio de Janeiro, "the challenges keep piling up," according to the AP.  Rio's final preparations and the status of anti-doping efforts in Russia and Kenya "will top the agenda" when the IOC exec board holds a three-day meeting starting Tuesday in Laus ...

Tags: Olympics, Brazil

Lewis: Professional Plan 'Preposterous'

Former world heavyweight champion and Olympic Gold Medalist Lennox Lewis said the plan to bring professional boxers into the Olympics is "preposterous," according to the BBC. Lewis "was victorious at the Seoul Olympics, representing Canada, before turning professional as a Briton." Lewis said, "I kn ...

Tags: Olympics

Chinese Showing Interest In Rio Games

An authorized ticket reseller in China revealed that the Zika outbreak in Brazil has not "dampened Chinese enthusiasm for the 2016 Summer Olympic Games in the South American country," according to Huang Jingjing of GLOBAL TIMES. Chinese tour operator Caissa Touristic said that since tickets for the ...

Tags: Olympics, China, Brazil

South Korean Sports Chiefs To Meet IOC

 A government official said that the South Korean sports ministry plans to meet the IOC next week "with two leaders of local sports governing bodies at odds over their merger," according to YONHAP. The Ministry of Culture, Tourism & Sports "is preparing to send its vice minister Kim Chong, ...

Tags: Olympics, Asia

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