Current:Home > InvestThe man who saved the 1984 Olympic Games and maybe more: Peter Ueberroth -FundPrime
The man who saved the 1984 Olympic Games and maybe more: Peter Ueberroth
View
Date:2025-04-16 11:47:22
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! (6649)
Related
- Current, future North Carolina governor’s challenge of power
- Five young men shot at gathering in Maryland park
- How do I apply for Social Security for the first time?
- BNSF Railway says it didn’t know about asbestos that’s killed hundreds in Montana town
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- 25 years ago, the trauma of Columbine was 'seared into us.' It’s still 'an open wound'
- Third person dies after a Connecticut fire that also killed a baby and has been labeled a crime
- Taylor Swift name-drops Patti Smith and Dylan Thomas on new song. Here’s why
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Tennessee Volkswagen workers to vote on union membership in test of UAW’s plan to expand its ranks
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- BNSF Railway says it didn’t know about asbestos that’s killed hundreds in Montana town
- Florida baffles experts by banning local water break rules as deadly heat is on the rise
- Harry Potter actor Warwick Davis mourns death of his wife, who appeared with him in franchise's final film
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Dubai airport operations ramp back up as flooding from UAE's heaviest rains ever recorded lingers on roads
- A convicted rapist is charged with murder in the killing of a Connecticut visiting nurse
- Taylor Swift Surprises Fans With Double Album Drop of The Tortured Poets Department
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Did Zendaya Just Untangle the Web of When She Started Dating Tom Holland? Here's Why Fans Think So
Scientists trying to protect wildlife from extinction as climate change raises risk to species around the globe
Why Breaking Bad's Giancarlo Esposito Once Contemplated Arranging His Own Murder
Global Warming Set the Stage for Los Angeles Fires
More remains found along Lake Michigan linked to murder of college student Sade Robinson
Florida baffles experts by banning local water break rules as deadly heat is on the rise
18-year-old turns himself into police for hate-motivated graffiti charges