Current:Home > MarketsThe man who saved the 1984 Olympic Games and maybe more: Peter Ueberroth -Capital Dream Guides
The man who saved the 1984 Olympic Games and maybe more: Peter Ueberroth
View
Date:2025-04-17 20:27:16
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! (3)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- 'All My Children' alum Susan Lucci, 77, stuns in NYFW debut at Dennis Basso show
- Taylor Swift makes VMAs history with most career wins for a solo artist
- Court won’t allow public money to be spent on private schools in South Carolina
- All That You Wanted to Know About She’s All That
- 2024 VMAs: Katy Perry Debuts Must-See QR Code Back Tattoo on Red Carpet
- 2024 VMAs: Miranda Lambert Gives Glimpse Inside Delicious Romance With Husband Brendan McLoughlin
- 9 children taken to hospital out of precaution after eating medication they found on way to school: reports
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Hidden photo of couple's desperate reunion after 9/11 unearthed after two decades
Ranking
- Meet first time Grammy nominee Charley Crockett
- Webcam captures its own fiery demise from spread of Airport Fire: See timelapse footage
- Indiana judge rules against abortion providers fighting near-total ban
- Utah citizen initiatives at stake as judge weighs keeping major changes off ballots
- Trump invites nearly all federal workers to quit now, get paid through September
- Katy Perry and Orlando Bloom's PDA-Filled 2024 MTV VMAs Moments Will Have You Feeling Wide Awake
- Justin Timberlake reaches plea deal to resolve drunken driving case, AP source says
- Court won’t allow public money to be spent on private schools in South Carolina
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
Over 40,000 without power in Louisiana as Hurricane Francine slams into Gulf Coast
North Carolina lawmakers approve more voucher funds and order sheriffs to aid federal agents
Conditions starting to 'deteriorate' in La. as Hurricane Francine nears: Live updates
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
CLIMATE GLIMPSE: Wildfires plague U.S. West and Brazil, Yagi rampages in Vietnam
2024 MTV VMAs: Blackpink's Lisa Debuts Most Risqué Look Yet in Nude Corset Dress
Wisconsin Supreme Court agrees to hear case affecting future of state’s elections leader