Topic: especially with respect to home business operati
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Athletics will get a lower share of Olympic revenues in the future after the International Olympic Committee (IOC) on Wednesday recalculated the federations' revenues according to their contribution to the Games.
The 26 sports federations at the London 2012 Olympic Games divided up $519 million based on their IOC ranking, with athletics, the flagship sport of the Games, expected to receive around $47 million as the only one in the top-earning Group A.
However, the new plan for the Rio de Janeiro 2016 revenue distribution has five categories of sports instead of four [url=http://www.cheapnhlwinnipegjetsjerseys.com/Dmitry-Kulikov/]Cheap Dmitry Kulikov Hoodie[/url] , with athletics no longer enjoying all of the Group A pot.
""Athletics will get less money than in the past. Gymnastics and swimming have moved up to Group A,"" Andrew Ryan, executive director of the Association of Summer Olympic International Federations, told reporters.
Under the previous breakdown, Group B sports received about $22 million each [url=http://www.cheapnhlwinnipegjetsjerseys.com/Patrik-Laine/]Cheap Patrik Laine Hoodie[/url] , Group C $16 million and sports in Group D about $14 million.
Like athletics, it was bad news for equestrian, handball, hockey and modern pentathlon which dropped a level and will now be getting less.
But table tennis, badminton [url=http://www.cheapnhlwinnipegjetsjerseys.com/Blake-Wheeler/]Cheap Blake Wheeler Hoodie[/url] , boxing, judo, archery, shooting and weight lifting are expected to benefit from the recalculation.
Ryan said it was not clear how much money would be made available to the federations according to their new ranking after Rio, but said he did not expect a sharp jump in the overall payment to federations given most broadcast contracts - the biggest source of revenue for the IOC - had already been signed.
Federations saw a 15 percent rise in revenues from $256.1 million after the 2004 Olympic Games in Athens to $296 million following the 2008 Games in Beijing.
Far bigger broadcasting contracts mean a 75 percent rise after London.
For International Association of Athletics Federations chief Lamine Diack [url=http://www.cheapnhlwinnipegjetsjerseys.com/Mathieu-Perreault/]Cheap Mathieu Perreault Shirt[/url] , the reduced share did not change his sport's status within the Games.
""We are the only universal sport in the Games,"" Diack told reporters.
" The Right Home Business Coach Makes a Difference
Posted by nick_niesen on October 26th, 2010
Copyright 2006 www.eliasg
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