The Olympics can and should be a wonderful thing. Further, the International Olympic Committee naturally wants to be viewed in a positive light for the Games and for the many good things it does each and every day around our world. But increasingly the Olympic movement generates — day after day, week after week, year after year — negative headlines. Why?
Corruption allegations tied to recent editions of the Games (Rio, Sochi). Government-underwritten cost overruns tied to recent editions of the Games (Rio, Sochi, London, Beijing, Athens). Stadiums and sports venues abandoned to rot in the sun (Rio, Athens). And more, way more. What kind of business model is that?