Sport is currently mobilized as a tool of international development within the “Sport for Development and Peace” (SDP) movement. Framed by Gramscian hegemony theory and sport and development studies respectively, this article offers an analysis of the conceptualization of sport’s social and political utility within SDP programs. Drawing on the perspectives of young Canadians (n = 27) who served as volunteer interns within Commonwealth Games Canada’s International Development through Sport program, the dominant ideologies of development and social change that underpin current SDP practices are investigated. The results suggest that while sport does offer a new and unique tool that successfully aligns with a development mandate, the logic of sport is also compatible with the hegemony of neoliberal development philosophy. As a result, careful consideration of the social politics of sport and development within the SDP movement is called for.