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

The Guardian - Sport 1 hour ago 1
  • US set to host Summer and Winter Olympics

  • USOPC CEO says business model in early stages

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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