DENVER (AP) — At least 70 percent of U.S. Olympic sports organizations have applied for government funds during the coronavirus pandemic, a stark financial reality that underscores the frailties within the world’s most dominant Olympic sports system.
Nonprofits are eligible?
If they have employees. PPP is (supposed to be) about providing employers with money so they can keep employees on the payroll rather than having to furlough them or lay them off.
According to the AP story, the NGB of which I am a member, US Equestrian Federation, received a PPP loan in an undisclosed amount. USEF has a relatively large staff for an NGB, given the variety (29 different breeds and disciplines) and number of competitions and the need to address issues concerning the equines as well as the humans.
Yes. The nonprofit I work for received PPP which will pay for staff for about 2 months and some expenses which is what the program is designed (required) to do. Most nonprofits have very similar needs as for profit businesses their size. The goal of PPP is to keep people employed and businesses from going bankrupt and although it has problems, achieved its goal temporarily to some extent.
Must save the millions for exec bonuses.
the request for federal money counters the long-held and distinctly American tradition of not using taxpayer money to pursue Olympic glory.
IIRC, Uncle Mitty used federal money to get the Salt Lake Olympics back on track, plus was able to move security and transportation costs off book in the wake of September 11.
Second, with respect to @ghost and all other athletes, the flood of sponsor money into the big sports and the desire to win gold at all (literal) costs has destroyed my interest in the games. When they put NBA pros on the basketball team to beat Somalia, I checked out and haven’t gone back.
Third, I’ll be surprised if the USPS gets to continue its sports sponsorships at all.
It is unconscionable that the whole gymnastics organization, and especially the athletes, have to continue to suffer because of the criminality of Larry Nassar and those who turned a (wittingly) blind eye to his vile behavior.
Where I lost it was in the US TV coverage (pre-ubiquitous internet streaming). The winter olympics in France opening ceremony, where they cut away to commercial during a musical peak. 1996 or 2000 where I watched an 11pm summary and realized they had shown exactly 12 seconds of athletics (one 100m sprint) in 30 minutes. The whole jamming anchors and personality wannabes in our face so they can decorate their resumes with “olympic”. Notwithstanding that, I have two friends who expect to compete in Japan and France, and I totally understand why and support them in doing that.
As for 70% of US olympic sports applying for PPP funds, that tells one nothing about the state of their backing. It’s free money (after overhead of applying), they’d be idiots and incompetent not to apply for it. AP crapola.
I’m not an “athlete,” just a horse person who competes as an amateur and used to be on some USEF committees. 
I’m with you and @occamscoin on the TV coverage. Before online streaming, you would see about ten minutes of equestrian coverage, with more on the last day because the jumping finals are traditionally held then and they had nothing else to show. Now you can see everything and, even better, they almost always carry the British commentary.
OLYMPISM IS A PHILOSOPHY OF LIFE, EXALTING AND COMBINING IN A BALANCED WHOLE THE QUALITIES OF BODY, WILL AND MIND. BLENDING SPORT WITH CULTURE AND EDUCATION, OLYMPISM SEEKS TO CREATE A WAY OF LIFE BASED ON THE JOY FOUND IN EFFORT, THE EDUCATIONAL VALUE OF GOOD EXAMPLE AND RESPECT FOR UNIVERSAL FUNDAMENTAL ETHICAL PRINCIPLES.
–excerpt from the olympic.org website
Dear Oly athletes without a day job,
You got snookered. The IOC fed you a sandwich drenched in ‘Olympism’ and you swallowed it whole.
You and your sports organizations have propped up a corrupt entity whose members demand the poshest of treatment at each two-week festival that cities go into debt to host. The IOC doesn’t care a whit about the quality of your life, nor does it set a good example or respect ethical principles. It’s OK that thousands of people are typically evicted from their homes every four years, and that the venue facilities often get little or no use once the party’s over, as long as the IOC gets its cut.
Do you really want to be part of that racket?