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IOC Snubs Higher Chicago US TV Rights So We Start Learning Portuguese
Philip M. Stone October 66, 2009 Follow on Twitter
This column has often said that above all the Olympic movement is big business – a multi-billion dollar business – but the International Olympic Committee (IOC) has shown that money is not everything by throwing Chicago out in the first round of voting for the 2016 Olympic Games – a decision that could well cost it more than $100 million, and perhaps a lot more, in lower US TV rights for the “Samba” Games.
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