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Olympic bid

Long-term impact: In the bidding war for the 2016 Olympics, Chicago's hand just got hotter. With Obama as president, "that's Chicago's ace in the hole," said sports industry expert Marc Ganis, president of SportsCorp Ltd. Obama's win represents a shift in foreign policy that should play well with International Olympic Committee members, who will select a host city next October, observers say. If Chicago is selected, Obama's presence in the White House likely will help efforts to land federal funds for transportation projects in time for the Summer Games, said sports economist Allen Sanderson, of the University of Chicago.
AP photo by Jae C. Hong
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