Originally published on Wed May 23, 2012 6:36 pm
Olympic officials meeting in Quebec City have reached a tentative agreement in a persistent revenue-sharing dispute responsible, in part, for keeping the Olympics out of the United States for at least 20 years.
The dispute centers on the American share of Olympic revenues. Since 1984, The United States Olympic Committee (USOC) has received the biggest portion of the billions of Olympic dollars paid by corporate sponsors and American television networks. And the rest of the Olympic world has resented it.
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