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USOC pays ex-CEOs $280K in 2010

Updated: May 16, 2011, 1:37 PM ET
Associated Press

DENVER -- The U.S. Olympic Committee paid another $163,000 to Stephanie Streeter in 2010 even though she had effectively stepped down as the organization's CEO in October of the previous year.

The federation filed tax reports Monday, stating that Streeter and the person she replaced, Jim Scherr, received a combined total of more than $279,000 during a year in which Scott Blackmun took over as CEO. Scherr's $116,252 was part of a severance package he agreed to in March 2009 when he was surprisingly ...

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