L.A. Council Questions Revised '24 Olympic Plans Mondelez Signs New Sponsorship With USOC NHL Could Skip '18 Games, Return For Beijing USOC Gets Nearly $300M If L.A. Lands '24 Games USOC, LA 2024 Reach Marketing Agreement Revised LA 2024 Bid New Venues Added USOC Shows Diversity Hiring Stats LA 2024 Expands Olympic Venue Plans To Other Cities IOC Faces Several Issues, Including Bid Resistance Rome Drops Olympics Bid For Financial Reasons
TEXACO PASSES CASH ALONG TO U.S. OLYMPIC TEAMS
Published September 17, 1997
Texaco announced an eight-year deal to become a U.S. Olympic sponsor through the 2004 Games, according to Jay Baltezore of the SALT LAKE TRIBUNE. The deal is "said to be worth" more than $80M in cash and products, including gasoline, motor oil, diesel fuel and coolants under the Texaco and Havoline brand names. Texaco's sponsorship also includes a connection to the teams for the 2002 Paralympic Winter Games and the 2003 U.S. Pan American Games (SALT LAKE TRIBUNE, 9/17). In UT, Lisa Riley Roche notes that "more than half" of Texaco's contribution to the USOC "will be cash" (DESERET NEWS, 9/17).