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USOC Ends Revenue Dispute With IOC, Paving Way for Olympic Bid

The U.S. Olympic Committee signed a new revenue-sharing agreement with the International Olympic Committee that will help the U.S. as it bids for future games.

“This agreement will definitely strengthen both sides,” Jacques Rogge, the IOC’s president, said at a news conference in Quebec City. “The IOC will be in position to better function and the USOC will enhance its possibility in having a leading role in sport in the world.”