Ueberroth Talking With IOC About Changes To Revenue Sharing

Peter Ueberroth Discusses Revenue Sharing With IOC

USOC Chair Peter Ueberroth said that the USOC “has been talking with the IOC about a new arrangement for revenue sharing,” according to Stephen Wade of the AP. Int’l federations and national Olympic bodies are “pushing the IOC to reduce the U.S. allocation,” which is currently almost 13% of U.S. TV rights fees and 20% of global marketing revenue. Ueberroth: “We’ve said we will share more if we agree to grow the pie. If we hold the pie steady and shrink it, and you want to fight for little percentages here and there, that’s not going to do anybody any good” (AP, 4/26). In a Q&A with NBCSPORTS.com’s Alan Abrahamson, Ueberroth said, “Our goal is to show the IOC how we can dramatically increase its revenues and if there's more for everybody that should be a worthwhile objective. There's always going to be a whiner who says, ‘Somebody got more than me.’ But you have to ask the question, who produced the most for everybody?” (NBCSPORTS.com, 4/27).