IOC Head Expects Deal With USOC Soon
Jacques Rogge, President of the International Olympic Committee, told a press conference Friday in Beijing that the IOC is expecting to settle its revenue-sharing dispute with the U.S. Olympic Committee (USOC) soon.
The dispute is over the revenue share of Olympic income taken by the USOC, which includes 12.75 per cent of U.S. broadcast right deals and 20 per cent of global sponsorship revenue.
Rogge said, "discussions are ongoing and going well. And I am hopeful that on the mid-term we will find a good solution for that".
Xinhuanet reports that according to insiders, the USOC is not bidding for the 2020 Summer Games partially because of the revenue-sharing dispute.
As to speculation that the USOC might bid for the 2022 Winter Games once the dispute is over, Rogge said, "whether the U.S. will launch a bid for the 2022 Winter Olympics is something that I cannot comment on. This is something that you should ask the USOC".
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