Article 79GJW USOPC considering plan to sell stake in Team USA as LA Olympics approach

USOPC considering plan to sell stake in Team USA as LA Olympics approach

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from US news | The Guardian on (#79GJW)
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The US Olympic and Paralympic Committee (USOPC) is in the advanced stages of setting up an entity to sell a stake in the commercial rights for Team USA in return for capital, according to multiple reports.

Any deal would mark a significant shift for the USOPC, a non-profit organization that, unlike many national Olympic committees, relies heavily on sponsorships, licensing and other commercial revenue streams rather than government funding.

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