Tuesday, 2 August 2016

Olympic executives cash in on a ‘Movement’ that keeps athletes poor

Olympic executives cash in on a ‘Movement’ that keeps athletes poor

Its members call it, with an almost religious conviction, “the Olympic Movement,” or “the Movement” for short, always capitalized. At the very top of “the Movement” sits the International Olympic Committee, a nonprofit run by a “volunteer” president who gets an annual “allowance” of $251,000 and lives rent-free in a five-star hotel and spa in Switzerland. At the very bottom of “the Movement” — beneath the IOC members who travel first-class and get paid thousands of dollars just to attend the Olympics, beneath the executives who make hundreds of thousands to organize the Games...
Read more: https://www.washingtonpost.com/sports/olympics/olympic-executives-cash-in-on-a-movement-that-keeps-athletes-poor/2016/07/30/ed18c206-5346-11e6-88eb-7dda4e2f2aec_story.html?source=Snapzu

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