UPDATE: The governing body for the Star class is reporting that the earlier news of its reinstatement in the Olympics for 2016 is still "just a rumour".
In a statement, International Star Class Yacht Racing Association (ISCYRA) president Bill Allen said that while the Olympic committee in Brazil "may request an 11th medal for sailing", no decision has yet been made and likely will not be made until summer at the earliest.
"The spreading of rumours concerning Olympic status does not help our position," he added, saying he would inform Star class membership with any new developments as and when they arise.
The move is thanks to a "quirk" in IOC regulations that allow the host country of any Olympic Games to add an event of their own choosing, provided the hosts cover the costs.
And with local sailing duo Robert Scheidt and Bruno Prada in the Star's top ranks - claiming the bronze in London 2012 - the return of the class certainly seems a no-brainer.
The only question remaining now is whether O'Leary and Burrows - who finished 10th in the class at Weymouth last summer - want to go for gold one more time in Rio!