This document is the final report of the President's Commission on Olympic Sports, established to determine factors impeding, or tending to impede, the United States from fielding its best teams in international competition. It determines that many of the factors inhibiting U.S. capabilities are self-generated and may be traced to lack of organization and lack of adequate funding. The document examines needs and presents recommendations for meeting those needs in the following areas: (1) development of a central sports organization; (2) establishment of national governing body criteria for each sport; (3) resolving franchise disputes; (4) protection of athletes' rights to participate in unrestricted competition; (5) development of improved government and private mechanisms for sports funding; (6) development of a liberalized concept of amateurism; (7) improved identification and training procedures for world class athletes; (8) establishment of a standing committee of the central sports organization to serve as a national forum and clearinghouse for research, clinical application, information and education on sports medicine; (9) recognizing and assistinq the disabled and handicapped in sports; (10) educational efforts and establishment of programs to improve the role of women in sports; and (11) development of the military's role in amateur athletics. Implementation of the Commission's recommendations through a joint executive-legislative committee, formed to establish a central sports organization, is suggested. (MJB)