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Krystof Kryzl of the Czech Republic

Analysis Details how IOC Used Money Earned During 2013-2016 Olympic Cycle

Exclusive new analysis of the International Olympic Committee (IOC)'s financial accounts reveals how the body used the more than $5.6 billion of revenue it...

Rio 2016 Organizers Seek New Ways for Brazilian Government to Help Pay Debt

Attempts by Rio 2016 organizers to convince all three levels of Brazilian government to provide financial support to tackle their remaining debts are still...

Disney Flees Netflix to Start Sports Service

This was the week sports video delivery started to change. CBS has decided to begin a sports streaming video service that will be modeled...

Birmingham 2021 Organizers Eye Budget Reduction of $25 Million

Birmingham 2021 chief executive DJ Mackovets has revealed that organizers of the next World Games realistically think they can reduce their budget by around...

Leagues Prepare for Life with State-Sponsored Sports Books

The two sides of the professional sports gambling issue seem to ironically be bookended this week. On Tuesday, the Commissioners of the NBA, NFL, NHL...

Adidas to Sponsor USA Volleyball Teams

Adidas and USA Volleyball have signed a "multi-year" partnership for the sportswear giants to sponsor American teams and events at all levels of the...

Armour: Why Recent Big-Money Deals in Sports Can’t be Sustained

Get those cartoonish contracts while you can, because the clock is ticking. While even run-of-the-mill NBA free agents figure out how to spend their new largesse — $23...

Financial Data Shows Texas A&M, SEC Athletic Departments Most Profitable

New financial data released by USA Today shows that the Southeastern Conference is home to six of the top 10 most profitable collegiate athletic...

Rio 2016 Organizers to Discuss Debts with IOC Next Week

Rio 2016 will update the International Olympic Committee (IOC) on the dissolution of the Organizing Committee and payment of debts at their Extraordinary Session...

Rio Olympics Legacy: Big Costs, Big Debt

The 2016 Rio Olympics are not done yet, not by a long shot, and that has to concern the people in Paris and Los...

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