Let it snow. We could be welcoming the world to Salt Lake City, Denver, Reno-Lake Tahoe or Bozeman, Mont. for the 2022 Winter Olympics.
Last week, the International Olympic Committee and the United States Olympic Committee negotiated how to divide television and marketing revenue from the events, according to a New York Times story citing two officials who asked to remain anonymous until the agreement was voted on by both sides.
The U.S. was holding out on supporting a bid until Olympic officials knew exactly how the revenue would be shared. Olympic committees in other countries expressed distaste for how much money the U.S. has been receiving -- 12.75 percent of the U.S. broadcasting deals and 20 percent of global marketing revenue. Other nations wanted those percentages lowered, but the U.S. didn't budge -- hence Chicago's big loss in the bid for the 2016 Summer Games. Mounting tension and uncertainty over that revenue kept U.S. officials from supporting bids from Chicago, New York, Dallas and Las Vegas for the 2020 Summer Games.
A signed agreement came on Wednessday. Patrick Sandusky, a spokesman for the U.S. Olympic Committee, told the Times they'll consider backing a bid once everything is finalized. The 2022 Winter Games would be the earliest we'd see the Olympics returning to the U.S.
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