The United States is not planning on bidding for the 2020 Olympics, according to an AP report. A row between the USOC and IOC over revenue sharing could be the root cause of the USOC's decision.
Aug 22, 2011 - According to a report from the Associated Press, the United States Olympic Committee has notified all cities who indicated interest in hosting the Olympic games that they will not be submitting a bid for the 2020 Olympic Games. Chicago, New York, and Dallas were said to be interested in bidding for the games.
New York lost the 2012 Olympics, while Chicago lost the 2016 Olympics. There's probably more than a simple lack of interest keeping the United States out of the bidding, if the USOC does, in fact, decline to bid. The USOC has been under pressure from the International Olympic Committee to take a smaller share of sponsorship and television revenue since 2006. There will be no U.S. bid for the 2020 Summer Olympics.
IOC members will pick the host city in September 2013.
USOC officials have said for several months there would be no 2020 bid until its longstanding revenue-sharing dispute with the International Olympic Committee had been resolved.
Those bids would not be due until 2013, allowing for a thorough domestic bid process.
The issue has became such a flashpoint that it helped undermine the New York bid for the 2012 Olympics and the Chicago bid for 2016.
A U.S. Olympic Committee spokesman confirmed a report Monday that the United States will not bid for the 2020 Summer Olympics.
The deadline for bids is Sept. 1.
Rome Tokyo, Istanbul, Turkey, and Madrid, Spain, ready announced their intention to bid.
"We don't want to submit a bid that is less than world-class," USOC Chief Executive Officer Scott Blackmun told the Tribune recently.