Saturday, 29 December 2018

Dick's Sporting Goods to end U.S. Olympic sponsorship

The company, in an emailed statement, cited “new investment focus” as the reason but did not elaborate further.

All 86 athletes currently in its program that offers compensation and flexible work schedules have the option to remain Dick’s associates and move to a traditional part-time role from Jan. 1, the company said.

USOC did not respond to request for comment.

Earlier this month, a report commissioned by the USOC and carried out by law firm Ropes & Gray said the Olympic panel failed to protect athletes from the threat of sexual abuse.

It showed some top executives took no action as the Larry Nassar sexual abuse scandal was unfolding.

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