The US Olympic Committee CEO, Stephanie Streeter, is being forced to resign!

This is how we do business in America: Show me the money or I will show you the door.

As you know the Chicago Olympic games were vetoed by the IOC and subsequently both our President and First Lady were summarily embarrassed after having Chicago rejected during the first round.

Chicago hosting the 2016 Games summarily meant international prestige for both our President and his home town but instead both President Obama and the city of Chicago "came home" looking weaker than when they left.

The governing bodies did not like that.

The other major factor includes NBC paying 2-billion dollars for the Olympic games and this loss just messed with their return on that investment.

The governing bodies did not like that either and neither did NBC.

Compound the loss of revenue with the political embarrassment and you get yourself a a bunch of NGB types forming a posse!

From the Chron:

NBC Universal Sports and Olympics Chairman Dick Ebersol, whose company purchased the rights to the next two Olympics for a record $2 billion, made the first public call for a leadership change hours after Chicago became the second straight U.S. city to finish fourth in the international race for a Summer Games. The International Olympic Committee awarded the 2016 Games to Rio de Janeiro. New York lost its bid for the 2012 Games, which went to London, four years ago.

Ebersol and others have said the USOC's failure to connect with the international sports community and the perceived arrogance of its leadership doomed Chicago's bid. In March, the USOC's board ousted the popular and, from a sporting perspective, successful chief executive Jim Scherr, replacing him with Streeter, who went from a volunteer position on the board to earning a $560,000 salary.

Now the punchline,

[Ebersol] also said candidates for the CEO's job could include Steve Penny, CEO of USA Gymnastics, and Chuck Wielgus, CEO of USA Swimming.

[Link]

When a network CEO who paid "2-billion large" for the Olympics calls for who should run the USOC, that is a red flag that money is taking precedence over the sport.

So, let me throw in my name to head the USOC: Skip Gilbert of USA Triathlon. Gilbert has experience with three sports, has grown the USAT to 122,000 members and is not beholden to a specific manufacturer like USA Swimming is.