United States’ portion of Olympic revenue is hot topic
A leading International Olympic Committee official has heated up the war of
words over the United States’ portion of Olympic revenues, according to the Los Angeles Times, and
the escalation of rhetoric could burn Chicago’s bid for the 2016 Summer
Games. IOC member Hein Verbruggen of the Netherlands called the
U.S. Olympic Committee’s share an “immoral amount of money compared to
what other people get.” The dispute over the USOC revenues has been ongoing, especially as the
IOC attracts more sponsors from outside the United States. Read the full story here.