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Possible U.S. 2020 Summer Games Bid

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The Associated Press reports that U.S. and International Olympic Committee (IOC) leaders have made progress in negotiations on a new revenue-sharing deal that could lead to a last minute bid from the U.S. for the 2020 Summer Olympic Games.

The U.S. and the IOC held a new round of talks Thursday to resolve financial issues that have strained relations between the two for years, and reportedly contributed to the failed New York 2012 and Chicago 2016 Olympic bids.

USOC CEO Scott Blackmun told The Associated Press the meeting was "constructive and positive and there's a strong desire on both sides to find something that's going to work for everyday".

Both sides agreed to meet again in New York within the next few weeks. An agreement could lead the way to a U.S. Olympic bid.

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Future Summer Bids Summary
Bid Status: IOC waiting for applicant city interest
Bid Date: Bid for the 2020 Olympic Games will be in 2013
Bid Location: Buenos Aires, Argentina
Description: The bid for the 2020 Olympic Games
Bid Book: Link To Bid Book
Web Site: