Now that the USOC and IOC have achieved detente over their longstanding and sometimes acrimonious dispute on revenue sharing (see New York Times article, below), an American city might actually be in serious contention to host an upcoming Olympics. After consecutive -- and humiliating -- rebukes from the IOC that saw NYC finish in fourth place and Chicago ousted in the first round of voting to host the 2012 and 2016 Olympic Games, respectively, the USOC swore off further bidding until the contentious issue was resolved. Over the better part of the last decade, the IOC and the rest of the Olympic community outside of the United States chafed at the arrangement that paid the USOC 20% of worldwide Olympic sponsorship fees (more than all the other 204 National Olympic Committees combined) and 12.75% of the U.S. television broadcast rights fee (that NBC extended beyond this year through 2020 for $4.38 billion). Details of the new deal will spill out in the coming days, but would-be Olympic cities across the land of the free and home of the brave are put on notice that it is open season once again for American bid cities.
http://www.nytimes.com/2012/05/24/sports/olympics/international-and-us-olympic-leaders-agree-on-revenue-sharing-plan.html?_r=1&hp
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