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Sources: USOC, IOC Agree In Principle To Revenue-Sharing Deal

05 / 23 / 12

IOC and USOC officials yesterday “agreed in principle on a new revenue-sharing deal that would end years of acrimony and clear the way for America to bid again for future games,” according to sources cited by Stephen Wilson of the AP. Two senior officials said that the IOC and USOC have ...

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Tags: Olympics, USOC, IOC

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05/21/12
USOC Tax Filings Show Top Exec Compensation

USOC CEO Scott Blackmun's compensation jumped to $902,977 in ‘11, his first full year on the job, according to the organization's tax filings which were released Friday. The compensation figure includes a long-term performance bonus of $160,610 that won't be paid until ‘14. Blackmun als ...

Tags: Olympics, USOC

05/21/12
Marketplace Roundup

In Portland, Allan Brettman wrote sales of Nike-brand NFL jerseys are “off to a brisk start.” The jerseys went on sale April 27 and SportsOneSource analyst Matt Powell said that jersey sales were about 100% higher "in the first week of availability compared to the same period last year. ...

Tags: Marketing and Sponsorship, Nike, NFL, Olympics, Samsung Group, PepsiCo

05/15/12
USOC Partners With First Lady's "Let's Move"

First Lady Michelle Obama has partnered with the USOC to promote her "Let's Move" initiative against childhood obesity, according to John Meyer of the DENVER POST. The USOC and 10 of its national governing bodies “announced a commitment to get 1.7 million children involved in sports this year ...

Tags: Olympics, USOC

05/15/12
Olympic Notes

The FINANCIAL TIMES' Roger Blitz noted London Mayor Boris Johnson has “cast doubt on the legacy plans for the Olympic stadium, saying a decision on its future use is now unlikely to be made until after the London 2012 games.” Johnson said that “plans to announce which tenants had w ...

Tags: Olympics

05/11/12
IOC: Spectators Need More Time To Reach Venues

Spectators at the London Games should “add up to three hours to their planned journey times to venues or risk missing their event,” according to O’Connor & Kidd of the LONDON TIMES. IOC Coordination Commission Chair Denis Oswald said that he had “concerns about the a ...

Tags: Olympics

05/09/12
Canada Basketball Names Steve Nash GM

Canada Basketball named Suns G Steve Nash GM of its men's national team, as the organization hopes to capitalize on Nash's "corporate" image as it embarks on a "major fund-raising campaign," according to Robert MacLeod of the GLOBE & MAIL. Despite a "growing number of players at both the NC ...

Tags: Olympics

05/09/12
One Million Olympic Tickets On Sale Friday

Nearly one million tickets for the London Olympics “will go on sale this Friday, with 20,000 ‘lucky losers’ who were unsuccessful in both previous ballots to be given first priority,” according to Tom Peck of the London INDEPENDENT. The batch of tickets “will include ar ...

Tags: Olympics

05/09/12
BOA Asks Lottery To Help Fund Team GB

The British Olympic Association (BOA) is "hoping to secure a late injection" of up to US$3.2M in Lottery funding “to help ensure the cost of sending a team to the London Olympics does not wipe out its reserves,” according to Paul Kelso of the London TELEGRAPH. Talks began in the past eig ...

Tags: Olympics

05/07/12
COC Launches New Ad Campaign

The Canadian Olympic Committee today is launching a new television ad campaign that “will showcase the journey of Canada’s Olympians, and, if all goes well, boost brand equity for big corporate sponsors such as BCE Inc., Hudson’s Bay Co. and RBC Dominion Securities Inc.,” ...

Tags: Marketing and Sponsorship, Olympics

05/04/12
LOCOG Puts Finishing Touches On Olympic Venues

It is perhaps "reassuring that the issues that troubled Olympic organisers 64 years ago are not so different to the concerns of the sporting public as London again prepares to stage the biggest sporting event in the world," according to Roger Blitz of the FINANCIAL TIMES. Whatever success the London ...

Tags: Olympics

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