LAUSANNE, Switzerland (AP) -- The IOC's top TV negotiator says that due to the economic downturn, the International Olympic Committee is prepared to postpone bidding on lucrative U.S. broadcast rights until after next year's selection of the 2016 host city.
Traditionally, the IOC has negotiated the rights before the host city is known, but the recession has changed the approach this time. The U.S. networks would also rather wait to know if the Olympics will be on home soil in Chicago.
IOC finance commission chairman Richard Carrion said Wednesday it's possible the IOC will wait until after the Oct. 2, 2009, vote on the host city for the 2016 Summer Games. The four candidates are Chicago, Madrid, Rio de Janeiro, and Tokyo.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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