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First quote from Google-Search: "The International Olympic Committee (IOC) generated US$902 million in revenue for the 2023 financial year."
by dod9er 2y ago
First quote from Google-Search: "The International Olympic Committee (IOC) generated US$902 million in revenue for the 2023 financial year."
- onion2k 2y agoThat's less to do with people paying to watch someone throw a disc as far as they can, and more to do with corporations understanding that putting the Olympic logo on a shirt increases sales.
- timeon 2y agoLogo would not exist if there were no athletes.
- t_mann 2y agoThat's comparable to the revenue of a single (top-level) soccer club: https://www.sportico.com/leagues/soccer/2024/manchester-united-revenue-record-layoffs-employees-1234796912/ https://www.sportico.com/leagues/soccer/2024/manchester-unit... https://www.espn.com/soccer/story/_/id/40629331/real-madrid-first-club-world-report-1bn-revenue https://www.espn.com/soccer/story/_/id/40629331/real-madrid-... A quick Google search suggests that the Olympics feature about 10k athletes in summer games and 3k in winter games - 2-3 orders of magnitude more than the typical 20-30 players on staff at a soccer club. I wouldn't be surprised if the wage gap was even more crass than those numbers suggest, but it shows that major spectator sports are an entirely different game.