According to Jeff Latzke of Boston.com, the 2016 Olympic Games will not include either baseball or softball:
In 2005, softball and baseball became the first sports in 69 years to be dropped from the Olympics, beginning with the 2012 London Games. Both lost appeals for reinstatement in 2006 and then set their sights on this year's vote to get back on the program for 2016.
Instead, International Olympic leaders voted to recommend that golf and rugby be added to the 2016 Games, while softball, baseball and three other sports were left out.
I think our biggest fear in this is it will be difficult for us, being part of the international federation, to be able to promote throughout the world.
I really have no issue with the sports that were selected. They certainly have their place on a world stage, but I also believe that softball and squash and karate and other sports do as well. I think that the limiting of sports to 28 is really a question that needs to be raised.