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Tax records show USOC made $270 million in 2014

Sports / Olympics /

Revenue for the U.S. Olympic Committee increased by more than 60 percent from the previous year in 2014, according to tax documents filed by the organization Friday.

The Colorado Springs-based USOC, which supports the country's Olympic and Paralympic athletes, brought in more than $270 million in revenue for the year. That total included $122 ...Read more

Michael Phelps confirms he's aiming to swim at 2016 Olympics

Sports / Olympics /

An emotional and rejuvenated Michael Phelps confirmed Wednesday what the swimming world had long assumed -- he'll try to add to his record total of 22 Olympic medals at the 2016 Games in in Rio de Janeiro.

Phelps made his Olympic intentions clear the day before his return to competition after a six-month suspension for drunk driving. Phelps ...Read more

U.S. projected to win most medals at 2016 Olympics

Sports / Olympics /

With 500 days remaining before the 2016 Rio de Janeiro Summer Olympics, the U.S. team appears poised to excel with swimmers Missy Franklin and Katie Ledecky and gymnast Simone Biles leading the way, according to an international sports data-analysis firm.

After studying recent international results, Infostrada Sports predicts the U.S. will ...Read more

Olympic officials report progress on 2016 Summer Games

Sports / Olympics /

International Olympic Committee inspectors have found "solid progress" in the oft-troubled and disorganized preparations for the 2016 Rio de Janeiro Games.

The IOC's coordination commission made its eighth visit to Brazil this week and reported that venues are taking shape even as organizers begin with ticketing and volunteer training.

Still, ...Read more