Despite four years, millions of dollars in planning and a last-ditch pitch from President Obama, the Chicago 2016 Olympic bid ultimately fell short.

The City of Chicago was eliminated in the first round of voting, before any host city was selected.

An expert called it the “biggest shock in IOC history.”

Supporters gathered in Chicago were equally shocked. Many left the rally in tears.

Tokyo was also eliminated in the first round.

Read full story at CBS Chicago

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