Records show the U.S. Olympic & Paralympic Committee was operating at a considerable deficit before the coronavirus postponed the Tokyo Olympics.
Casey Wasserman, the head of the LA28 organizing committee wants rule changed so athletes can demonstrate against racism during the Olympic Games.
For 2019, federal tax documents show the organization spent $248 million, about a third of which went directly to athletes and the national governing bodies that oversee each sport. That $83 million included $15 million in stipends to help athletes cover living costs as they train. Another $30 million went to a range of programs, including collegiate partnerships and athlete tuition. The USOPC more than doubled its funding for the U.S. Center for SafeSport, giving $7.5 million to the watchdog group established to investigate allegations of sexual misconduct in the wake of the Larry Nassar scandal.Salaries and other employee compensation totaled $53 million, representing almost a fifth of the spending.
Additional financial documents detail the amounts of money awarded to each national governing body in payments that ranged from $28,000 for USA Golf to more than $6 million for U.S. Ski & Snowboard.
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