Professional boxers will be allowed to compete at the 2016 Olympics in Rio de Janeiro, Brazil, but before you get all crazy imagining a bizarre universe where star pro boxers wave the flag for their home countries, engaging in poorly-judged, three-round contests, you should know that the offer extends only to fighters with less than 15 pro fights.
So that means not only will you not see, say, Manny Pacquiao gloving up for the Philippines, but you won't see someone like Frankie Gomez for the U.S., either.
In other words, this isn't really that big of a deal. You won't see any name pro fighters in Rio fighting for the gold, silver, bronze, or right to get screwed out of the competition. What it does mean is that someone like Anthony Joshua, just for instance, could turn pro at some point, make money, and as long as he's got less than 15 pro fights by the time Rio rolls around, he could look to defend his gold medal there.