Ebersol Out as Head of NBC Sports

NBC's Olympics play now in question

Dick Ebersol, chairman of NBC Sports and producer of eight Olympics Games, has resigned.

According to The New York Times’ Richard Sandomir, Ebersol is stepping down after failing to come to an agreement on contract negotiations and will be replaced by Mark Lazarus, who in February was named president of NBC Sports Cable Group. Ebersol’s departure comes only a few months after the Comcast takeover of NBCUniversal and the immediate question was whether it was caused by clashes with Comcast's new executive suite at the network.

Ebersol said that he will not be attending the Olympics auction in Lausanne, Switzerland this June, and the departure leaves NBC's Olympics gambit up in the air, to some degree.

Ebersol is credited with having been a fierce negotiator on NBC’s behalf in winning the Olympics for the network several years in a row. As the Times points out, Ebersol submitted the winning bid of $2.2 billion for the 2010 Vancouver winter games and 2012 London summer games.

Still, NBC saw a $223 million loss on the 2010 games—this just three months after the Comcast-NBCU takeover merger was announced.


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