USOPC eyes outside investors for new commercial entity
· Sports · Sportstar, The Straits Times
The United States Olympic and Paralympic Committee is in advanced stages of setting up a commercial entity, United States Olympic and Paralympic Ventures (USOPV), to sell a stake and raise capital. This plan would mark a significant shift for USOPC, a non-profit that relies on sponsorships and licensing rather than government funding. The initiative has been under discussion for months, with USOPC CEO Sarah Hirshland reporting encouraging feedback from potential investment partners. The potential deal comes as the United States prepares to host the 2028 Summer Olympics in Los Angeles.
Why it matters
The move could reshape the financial structure of the US Olympic movement, establishing a new commercial revenue stream independent of government funding and the expiring LA28 partnership. It signals a major shift for Olympic governance models worldwide as the LA28 Games approach.
Read the original report — Sportstar
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