Shelly asked in SportsOlympics · 7 years ago

how is the IOC financed?

Who pay for the IOC staff's salaries?

And do they only work once every four years?

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  • 7 years ago
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    IOC revenues come largely from TV broadcast rights and licensing the Olympic name and logo on products & services (sponsors).

    Remember, there's an Olympics every two years (e.g. Winter next year in Sochi, Summer two years later in Rio). There's always logistics and future arrangements to be worked out with such massive events as the Olympics. Plus the IOC has a couple of museums to maintain, the Youth Olympic Games to grow. Lastly, if employees are regularly let go, there would be a substantian brain drain. That's why, despite not knowing this for a fact, I expect most IOC employees to work full-time.

    Source(s): I'm an Olympics junkie.
  • 7 years ago

    The IOC is funded by members and sponsors, and cities that bid and host the Games.

    They work all the time, not just in Olympic years.

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