Gymnastics? Personally I think all team sports should be dropped. Olympics originally was about individual competition. Not teams and especially big money sports like Basketball,Soccer etc.
<S>...-Gixer

Baron de Coubertin, who revived the Olympics was a rower and made sure crew was a part of the Olympics. Rowing was an original olympic sport, although weather cancelled the competition on 1896 Athens.
Now if you are talking ancient Olympics, we need to bring back chariot racing, we need only greek speakers, only men and in the nude.
When Borat wrestled his manager, you can get an idea of what the wrestling competition on the ancient games may have looked like.
My nominees for X ing from the games,
1. Synchronized swimming
2. Synchronized diving
3. Rythmic Gymnastics
4. BMX kiddie bike racing (new sport this year! oh yay!)