Jacques Rogge and the CIO committee have been extremely clear in their message. The Olympics have to be the highest level of competition in a sport to remain on the program. The main purpose being to attract as much revenue as possible (TV rights and Corporate sponsorships). The only sport federation still resisting this concept is FIFA (soccer) where the Olympics are a U23 tournament. However, FIFA has the political power to play chicken with the CIO.
The cost of venue is only secondary. Building a Velodrome (track cycling) is also extremely expensive and future use of such a facility is at best bleak in most countries.
Rayburn Hesse has been extremely critical of Don Porter in regards to how the ISF tackled the Olympic dossier. I guess he was right. The grand question coming out of this announcement is: If you knew that MLB was not going to come to the dance why deploy so much resources and effort when the main attraction ballerina was going to stay home. Couldn;t it have been deployed more strategically.
Just a point of view.



























