For all their glory, the five rings are being burned by a tangled trio of trouble: drugs, money and corruption.

That's the assessment of one of the greatest Olympic athletes ever -- Mark Spitz -- who recently visited Utah.

Olympic Specialist John Daley reports.

He says at the Sydney Games, a second Olympic scandal may be brewing.

Mark Spitz/Olympic Gold Medalist: "I THINK IT'S GONNA BE GREAT BECAUSE IT IS THE OLYMPICS. YOU KNOW. IS THERE GONNA BE CONTROVERSY? OF COURSE. WHAT KIND OF CONTROVERSY? I THINK THE DRUG ISSUE."

In Munich in 1972, Spitz won an amazing 7 gold medals. He now demonstrates that same doggedness when talking about the Olympic drug problem.

Spitz says Olympic drug tests are incomplete, inconclusive and favor some athletes over others. His solution?

Give athletes a slice of the pie -- cash prizes for winners -- and allow them a large role in setting drug test policies.

But, he says the powers running the Olympics would rather look the other way when it comes to drug cheats, because they have billions of dollars riding on "clean" games.

Mark Spitz: "I DON'T THINK THE NETWORK, I DON'T THINK THE IOC AND NOR DO THE SPONSORS WANT TO KNOW, BECAUSE THEY WANT TO HAVE A CLEAN OLYMPICS AND THE ONLY WAY TO DO THAT IS TO BASICALLY BURY THEIR HEADS."

Spitz blames IOC corruption for the drug mess and for the Olympic bribery scandal.

Former bid leaders Tom Welch and Dave Johnson have been charged with federal felonies in the case. But Spitz says they simply got caught playing a dirty game created by the IOC.

He says that working as a consultant for Stockholm Sweden's 2004 bid, he was approached by IOC members looking for favors.

Mark Spitz: "MORE THAN 20 IOC OFFICIALS CAME TO ME AFTER THE STOCKHOLM PRESENTATION BEFORE THE VOTING AND SAID, 'WHAT INDUCEMENT,' IN THESE WORDS EXACTLY, 'CAN YOU GIVE ME AS AN ADDITIONAL INCENTIVE FOR MY COUNTRY'S VOTE?' WHAT EXACTLY ARE THEY TELLING AND ASKING FOR? THEIR HANDS ARE OUT."

Spitz says IOC reforms have been nothing more than window dressing. And he mostly blames one man for all the Olympic troubles -- the man at the top, IOC President Juan Antonio Samaranch.