Word: boycotts
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Sports cannot live outside reality." Last week the Muhammad Ali Amateur Sports Club in Santa Monica, Calif., decided not to wait for the White House and announced its own boycott. The group, consisting of 32 athletes, agreed to the move after listening to an emotional speech by , Ali. At least half a dozen club members -including Sprinter Houston McTear and Hurdler Greg Foster-were considered top Olympic contenders...
...American boycott of the Moscow Games would mean millions of dollars in losses for dozens of U.S. companies. NBC, for example, has paid the Soviets $87 million for the television rights and plans to broadcast more than 150 hours of the Games this summer. If the U.S. withdraws, NBC has decided not to cover the Games at all. Though the network would recover almost all of the fee from its insurance company, it would lose expected advertising revenues, as well as its best chance of getting out of last place in the network ratings...
...Western Hemisphere are owned by Stanford Blum, president of Image Factory Sports, Inc., in Los Angeles. He has sold licenses to 58 companies to market Olympic trinkets, ranging from stuffed Misha bears (the official symbol of the Games) to pajamas and key chains. Because of the possible U.S. boycott, many retail stores have stopped ordering the souvenirs, and production has halted on some items. For example, US Americans, a firm based in Los Angeles, is stuck with an order of 15.5 million plain drinking glasses; until the boycott issue is resolved, the company does not dare follow through on plans...
About 11,000 Americans who have paid deposits for trips to the Moscow Games are no doubt worrying about refunds in the event of a U.S. boycott. All travel arrangements are being handled by the Russian Travel Bureau-Olympic Travel, a U.S.-owned firm based in New York City. According to its president, E. Wallace Lawrence, some of the deposit money has already been sent on to the Soviet Union. If the U.S. withdraws from the Games and tourists cancel their reservations, Lawrence will attempt to negotiate reimbursements with Moscow; in any case, he promises to refund any funds still...
...firm and keep the Games in Moscow. Soviet officials argue that, since the U.S.S.R. has fulfilled its agreement with the I.O.C., there is no reason for moving the Games elsewhere. The Kremlin expects some athletes to withdraw, but as individuals and not as entire national teams. If nations do boycott the Games, Moscow is determined to go on with the Olympiad. Four years later, however, it might pay back the U.S. by boycotting the Summer Games scheduled for Los Angeles...