Current:Home > FinanceOlympic sports bodies want talks with IOC on threats from adding cricket and others to 2028 program -Global Capital Summit
Olympic sports bodies want talks with IOC on threats from adding cricket and others to 2028 program
View
Date:2025-04-16 10:37:19
GENEVA (AP) — Olympic sports bodies want urgent talks with the IOC about the risk of cuts in their revenue shares and medal events at the 2028 Los Angeles Games because cricket and other newcomers were added to the program.
The International Olympic Committee last month approved cricket, baseball/softball, flag football, lacrosse and squash for 2028 and kept boxing, modern pentathlon and weightlifting — three sports whose status had been in doubt.
The umbrella group of current Summer Games sports, known by the acronym ASOIF, said Monday the decision to increase to a record 36 sports “has raised several questions” among its members, who collectively shared $540 million of IOC-allocated money at each of the past two Olympics.
Most Olympic sports got between $13 million and $17.3 million from the pandemic-delayed Tokyo Games in 2021. For some, that was about half their total income over four years.
Adding four team sports in 2028 also is set to break the IOC’s preferred limit of 10,500 athletes at a Summer Games and likely will put pressure on the core Olympic sports to cut their quotas of athletes or even medal events. The IOC has set a target of early 2025 to confirm final quotas.
ASOIF’s ruling council agreed Monday “to raise these urgent matters with the IOC leadership” after meeting in Lausanne, Switzerland.
The council includes the presidents World Athletics, the International Gymnastics Federation and World Aquatics — the top-tier Olympic sports.
Track and field got $38.5 million after the Tokyo Games, while gymnastics and swimming each got about $31.4 million of the IOC’s total revenue from broadcasters and sponsors of $7.6 billion from 2017-21. Adding cricket is expected to raise the IOC’s broadcast deal in India by at least $100 million.
Key issues for Olympic sports as the games keep expanding are “revenue share, athlete quotas, Olympic qualification systems and games optimization,” ASOIF president Francesco Ricci Bitti said. Optimization is the current Olympic buzzword for trimming costs and services to help organizers control spending.
“These are the issues that hugely impact (international federation) operations and have far-reaching effects on the entire Olympic Movement,” Ricci Bitti said in a statement.
The IOC did not immediately respond to a request for comment about the ASOIF request. The Olympic body is set to confirm revenue-sharing funds from the 2024 Paris Olympics after the event.
With Russia planning to stage a World Friendship Games weeks after the closing ceremony in Paris, ASOIF cautioned its members Monday about their involvement in a potential rival to the Olympics. Moscow and Yekaterinburg are set to host the games in September.
The Russian multi-sport event “is not conducive to dialogue within the sports world during these challenging times,” ASOIF said.
The Russian Olympic Committee remains suspended by the IOC but individuals can still be invited by some sports to compete as neutral athletes in international events if they don’t publicly support the war in Ukraine and don’t have ties to the military or state security agencies.
___
AP Olympics: https://apnews.com/hub/2024-paris-olympic-games
veryGood! (8)
Related
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Heavy rain in northern Vermont leads to washed out roads and rescues
- Sheriff's deputy accused of texting and driving in crash that killed 80-year-old: Reports
- Madden 25 ratings reveal: Tyreek Hill joins 99 club, receiver and safety rankings
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Michigan Supreme Court decision will likely strike hundreds from sex-offender registry
- Car plunges hundreds of feet off Devil's Slide along California's Highway 1, killing 3
- The Latest: Harris ad calls her ‘fearless,’ while Trump ad blasts her for border problems
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Taylor Swift says she is ‘in shock’ after 2 children died in an attack on a UK dance class
Ranking
- Nevada attorney general revives 2020 fake electors case
- UCLA ordered by judge to craft plan in support of Jewish students
- Chelsea Handler slams JD Vance for 'childless cat ladies' comment: 'My God, are we tired'
- Utility cuts natural gas service to landslide-stricken Southern California neighborhood
- New data highlights 'achievement gap' for students in the US
- Look: Ravens' Derrick Henry reviews USA rugby's Ilona Maher's viral stiff arm in 2024 Paris Olympics: 'She got it'
- Disney Store's new Halloween costumes include princesses, 'Inside Out 2' emotions
- Wetland plant once nearly extinct may have recovered enough to come off the endangered species list
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Judges strike down Tennessee law to cut Nashville council in half
Watch this toddler tap out his big sister at Air Force boot camp graduation ceremony
Target denim take back event: Trade in your used jeans for a discount on a new pair
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Watch as rescuers save Georgia man who fell down 50-foot well while looking for phone
Phaedra Parks returns to Bravo's 'Real Housewives of Atlanta' after 6-season hiatus
Providence patients’ lawsuit claims negligence over potential exposure to hepatitis B and C, HIV