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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Current price of oil as of June 23, 2026

This Superstar Golfer Is the Latest Athlete to Drop Out of the Rio Olympics

By
John Kell
John Kell
Contributing Writer and author of CIO Intelligence
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By
John Kell
John Kell
Contributing Writer and author of CIO Intelligence
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June 22, 2016, 12:06 PM ET
143rd Open Championship - Round Four
HOYLAKE, ENGLAND - JULY 20: Rory McIlroy of Northern Ireland holds the Claret Jug aloft after his two-stroke victory at The 143rd Open Championship at Royal Liverpool on July 20, 2014 in Hoylake, England. (Photo by Mike Ehrmann/Getty Images)Mike Ehrmann—Getty Images
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Superstar golfer Rory McIlroy says he won’t compete in the Summer Olympics in Rio, citing concerns about his health due to the possibility of exposure of the Zika virus in Brazil.

McIlroy conceded that even though the risk of infection was low, “it is a risk nonetheless and a risk I am unwilling to take,” ESPN reported. The golfer added that after consulting with his loved ones, he came to realize his health and his family’s health “comes before anything else.”

Worries about the Zika virus – which primarily spreads through mosquito bites and is rarely deadly – have led several athletes to announce that they would decline to participate in this summer’s Olympic Games. One British long jumper even announced he would freeze some of his sperm ahead of the event, because the Zika virus can be transmitted through sexual transmission.

 

The loss of McIlroy at the Olympics will hurt golf, which is returning to the Games after a 112-year absence. McIlroy had intended to compete for Ireland, rather than Great Britain, and the Irish aren’t the only ones losing out on this news – sponsor Nike (NKE) is also going to miss out on a key marketing opportunity for an athlete they reportedly paid $200 million to endorse.

Late last year, McIlroy talked up the opportunity for golf to become a truly important sport at the Olympics – saying it could a while before the event could become as significant as it has been for tennis, which returned as an Olympic sport in 1988 after several decades of exclusion. At the time, McIlroy was quoted to say he thought not playing in the Olympics as a golfer would have been “a very selfish decision. It wouldn’t have been good for the game of golf at all.” Though, at the time of that interview, Zika virus worries weren’t on athletes’ radars as intensely as today.

About the Author
By John KellContributing Writer and author of CIO Intelligence

John Kell is a contributing writer for Fortune and author of Fortune’s CIO Intelligence newsletter.

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