The USA Today report quotes an influential IOC member as saying,

“On the basis of the information the IOC has, postponement has been decided,” (Dick) Pound said in a phone interview. “The parameters going forward have not been determined, but the Games are not going to start on July 24, that much I know.”

Pound, a Canadian who has been one of the most influential members of the IOC for decades, said he believes the IOC will announce its next steps soon.

“It will come in stages,” he said. “We will postpone this and begin to deal with all the ramifications of moving this, which are immense.”