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I think that the Olympics should be the pinnacle of achievement for a particular sport.

I'd keep things like trampolining and modern pentathalon and synchronized swimming, because they don't get any exposure, and I suspect that winning an Olympic gold medal would be very important to the participants.

I'd get rid of things like basketball (who really cares about Olympic basketball anymore?), tennis (how many people would really rather win an Olympic gold medal than say, Wimbledon?), boxing, baseball, etc.
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