US Olympic movement explores sale of stake in Team USA commercial rights

The US Olympic and Paralympic Committee (USOPC) has initiated discussions with investors regarding the potential sale of a stake in the commercial rights of Team USA. This move comes ahead of a pivotal sporting decade for the United States, including the LA2028 Olympics. To evaluate various fundraising options, the USOPC has engaged the Raine Group, a prominent brokerage firm, to explore these opportunities and capitalise on the unprecedented potential of the upcoming years.