Saturday, October 3, 2009

Morning After

Reflecting overnight on the results of the IOC voting that awarded the 2016 Olympics to Rio de Janeiro, my opinion is that Chicago's first-round elimination was neither a rebuke of President Obama (because he and the First Lady were genuinely and warmly embraced here in Copenhagen) nor a referendum on Chicago's bid per se, but rather, a combination of other factors.

1. The simmering angst over the USOC's disproportionate share of revenue from worldwide Olympic sponsors (20%) and the U.S. television broadcast rights fee (12.75%) -- that has been a longstanding source of irritation for the IOC and virtually the entire Olympic family -- reached a boiling point last spring . . . and the pot is still roiling at full boil.

2. The USOC's announcement this summer of a new U.S. Olympic Network that raised the ire of IOC bigwigs in Lausanne because of potential legal and contractual issues that the IOC claims would affect its existing relationship with NBC. The USOC backed down and postponed the launch until later this year, but the damage was already done.

3. The chronic instability of USOC leadership in the top volunteer (chairman) and paid staff (CEO) positions, that saw yet another changeover of both posts within the past year.

4. The ineffectual lobbying of the American IOC members in persuading enough of their breathren to vote for Chicago.

It seems that the home office in Colorado Springs underestimated the IOC's discontent -- if not outright contempt -- toward the USOC, and unfortunately for Chicago, it's bid was the collateral damage.

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