Olympic Turnaround: How The Olympic Games Stepped Back From The Brink Of Extinction To Become The…

Hardcover | January 31, 2006

byMichael Payne

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Higher, faster, stronger... The Olympic motto conjures images of heroes whose achievements transcended their athletic prowess--Jesse Owens, Mark Spitz, Nadia Comanesci--but also of tragedy and disgrace--the Israeli hostages in Munich, the Salt Lake City bidding scandal, payola to influence scoring. By 1980, the modern Olympic movement was gasping for breath, bankrupt financially, politically, and culturally. But under the leadership of Juan Antonio Samaranch, and, subsequently, Jacques Rogge, the Olympics began a journey back from the brink. Michael Payne, who served as the International Olympic Committee's top marketer for over twenty years, offers unprecedented access to the people, the negotiations, and the machinations behind one of the most dramatic and colorful turnarounds in business or sports history. Through a multi-pronged strategy, the IOC managed to secure lucrative broadcasting commitments, entice well-heeled corporate sponsors, and parlay the symbolism of the Olympics into a brand for which cities around the world are willing to invest billions of dollars--with the potential for tremendous payoff. The 2008 Games in Beijing, for example, are expected to involve over 10,000 athletes from 200 countries, draw 20,000 media representatives, and generate over $4 billion in sponsorships and broadcasting rights. Packed with previously untold stories from the high-octane world where business, sports, politics, and media meet, Olympic Turnaround is a remarkable tale of organizational renewal and a fascinating glimpse behind the curtain of the world's most iconic brand.

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From the Publisher

Higher, faster, stronger... The Olympic motto conjures images of heroes whose achievements transcended their athletic prowess--Jesse Owens, Mark Spitz, Nadia Comanesci--but also of tragedy and disgrace--the Israeli hostages in Munich, the Salt Lake City bidding scandal, payola to influence scoring. By 1980, the modern Olympic movement ...

Format:HardcoverDimensions:332 pages, 9.52 × 6.38 × 1.28 inPublished:January 31, 2006Publisher:Praeger PublishersLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0275990303

ISBN - 13:9780275990305

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"No one is better qualified than Michael Payne to reveal the intricate details behind the Olympic renaissance. Olympic Turnaround is more than a compelling story of deal brokering at the highest levels; it's a lesson in creative problem solving and brand building that will appeal to sports fans and business leaders in equal measure."-Peter Ueberroth President of the United States Olympic Committee and Former Commissioner of Major League Baseball and President and CEO of the Los Angeles Games, 1984