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The mayor of Pyeongchang Lee Seok-rai, centre, waves the Olympic flag as International Olympic Committee President Thomas Bach, left, applauds during the closing ceremony of the 2014 Winter Olympics, Sunday, Feb. 23, 2014, in Sochi, Russia. (AP Photo/Matt Dunham)

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Mayor of Sochi Anatoly Pakhomov, left, and International Olympic Committee President Thomas Bach, second from left, applaud as Lee Seok-rai, mayor of Pyeongchang, waves the Olympic flag during the closing ceremony of the 2014 Winter Olympics, Sunday, Feb. 23, 2014, in Sochi, Russia. (AP Photo/Ivan Sekretarev)

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Russian President Vladimir Putin, center, talks with Prime Minister Dmitry Medvedev, right, and International Olympic Committee President Thomas Bach, left, in the presidential lounge before the 2014 Winter Olympics closing ceremony, Sunday, Feb. 23, 2014, in Sochi, Russia. (AP Photo/David Goldman, Pool)