SBD/7/Olympics

Print All
  • NEWS FROM THE USOC MEETINGS: NEW GUIDELINES FOR BIDDING

              With its new guidelines, the USOC "might have made it
         more difficult" for cities bidding for the 2012 Summer Games
         and "easier for Olympic officials," according to Abby Haight
         of the Portland OREGONIAN.  Under new requirements, cities
         must form a formal bid committee by the end of June and sign
         on to the USOC bid agreement by September 30.  The agreement
         restricts the bid committee from marketing or signing up
         sponsors without USOC approval (OREGONIAN, 4/5).  A "tougher
         second contract" that must be signed later "includes a
         promise the city, county or state government involved cover
         any deficit incurred by the games" (CHICAGO TRIBUNE, 4/5).
              MORE MEDALS IN 2002? The USOC Exec Committee "discussed
         proposals to spend about" $15M-$20M over the next few years
         "in programs aimed at boosting the country's medal count at
         the 2002 Winter Games."  Planned programs include earlier
         support for winter sport athletes, and help in training at
         the Salt Lake City sport sites to develop a "home field"
         familiarity (Abby Haight, Portland OREGONIAN, 4/4). 
              NOTES: The USOC Board of Directors put the U.S. Soccer
         Federation (USSF) on 180 days probation for failing to
         redraw its charter and constitution, putting the
         organization "on the brink of ouster" from the U.S. Olympic
         family.  If the USSF "fails to comply with USOC rules and
         regulations" over the next 180 days, it would be removed as
         the sport's NGB (Mike Spence, CO Springs GAZETTE, 4/6).
         ...The USOC approved a revised four-year budget of $428M for
         the organization.  USOC Treasurer James Morris said that
         "there was originally a projected surplus" of $5M at the end
         of '97, but the USOC ended up with a $20M surplus, which
         will allow it to delay having to borrow money....The USOC
         approved the addition of the USA Rugby Football Union as an
         affiliated sport organization member (USOC).  
    
    

    Print | Tags: Olympics, USOC
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug