Current:Home > ContactThe man who saved the 1984 Olympic Games and maybe more: Peter Ueberroth -InvestPioneer
The man who saved the 1984 Olympic Games and maybe more: Peter Ueberroth
View
Date:2025-04-14 09:09:58
When Peter Ueberroth began recruiting Olympic volunteers in a meeting before the 1984 Games in Los Angeles, he made a harsh promise to the Americans vying for an opportunity to assist in the ascension of the U.S. as a sports business powerhouse.
“He said ‘Ladies and gentlemen, I promise you three things: long hours, no pay and guaranteed termination,’” said U.S. Olympic Committee board member John Naber. “At that time in the Olympic movement, that was the message we needed to bring.”
Ueberroth proved to be the catalyst in setting a precedent for the future of the Games and reinvigorated the Olympic movement with the ascendance of Los Angeles as an international sports hub of endless possibilities. The acquiring and financing of the Games coupled with the surplus of revenue produced through sponsorships proved vital in the elevation of the 1984 Games as a staple in modern American sports history.
Now 86, Ueberroth was unable to be interviewed, a spokesman said. But an innovator in the international Olympic evolution, Ueberroth organized the first-ever privately funded operation of the Games in Los Angeles, allowing for new infrastructure, new relationships with major sponsors and attractive television deals to galvanize a new era in the Los Angeles sports realm.
“Essentially, Los Angeles didn’t have to pay for any of the very few new facilities. Los Angeles was clearly 40 years ahead of its time,” said Olympic sports specialist Philip Hersh. “Despite the fact that the International Olympic Committee never gave [Peter] Ueberroth enough credit for it, he came up with a plan that led to private financing of the Olympics.”
Ueberroth placed increased importance on surplus revenue and created the patron program, an initiative designed for wealthy donors to pick the finest events, seats and venues to spectate the Games for an expensive price.
The program allowed for Ueberroth to use that additional revenue to purchase tickets for underprivileged children who couldn’t afford to buy passes due to expensive rates.
“The kids who couldn’t afford to buy tickets were given free passes courtesy of the generosity of the wealthy who wanted to sit in the luxury box,” Naber said.
In an effort to directly connect athletes with sponsors, Ueberroth, who became the sixth Major League Baseball commissioner in October of 1984, believed in the notion of athletes amplifying their profiles via television news stations such as ABC, allowing for more reach in competitors obtaining sponsorships and notoriety throughout the games.
“That was a big turning point in the world of sports, period,” said Edwin Moses, gold medalist in the 400-meter hurdles in the ’76 and ‘84 Olympic Games. “If you look at basketball, football, soccer, all of those sports today really have followed that model. That was one of the big off-the-track enterprises that [Peter] Ueberroth really made possible.
“An athlete’s athlete, he believed in the power of sports and the power of sports melded with business.”
veryGood! (96583)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Lawsuit says Minnesota jail workers ignored pleas of man before he died of perforated bowel
- Oscar nominations 2024: Justine Triet becomes 8th woman ever nominated for best director
- Wisconsin Republicans make last-ditch effort to pass new legislative maps
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- UK gives Northern Ireland a new deadline to revive its collapsed government as cost of living soars
- The FTC bars TurboTax maker Intuit from advertising 'deceptive' free services
- What is Dixville Notch? Why a small New Hampshire town holds its primary voting at midnight
- Trump wants to turn the clock on daylight saving time
- America Ferrera earns Oscar nomination for Barbie after Golden Globes snub
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Science vs. social media: Why climate change denial still thrives online
- Italian Jewish leader slams use of Holocaust survivor quote by group planning anti-Israel protest
- France fines Amazon $35 million for ‘excessively intrusive’ monitoring of warehouse staff
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- 'Forgottenness' wrestles with the meaning of Ukrainian identity — and time
- Former 'CBS Sunday Morning' host Charles Osgood dies at 91 following battle with dementia
- Airbnb donates $10 million to 120 nonprofits on 6 continents through its unusual community fund
Recommendation
Intel's stock did something it hasn't done since 2022
Martin Luther King Jr.’s Son Dexter Scott King Dead at 62 After Cancer Battle
Tristan Thompson Suspended for 25 Games After Violating NBA Anti-Drug Program
Rights center says Belarusian authorities have arrested scores of people in latest crackdown
South Korean president's party divided over defiant martial law speech
Tristan Thompson Suspended for 25 Games After Violating NBA Anti-Drug Program
Christopher Eccleston alleges A-list actress falsely accused him of 'copping a feel' on set
Eagles purging coordinators as Brian Johnson, DCs leaving. What it means for Nick Siranni