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Revenue-sharing talks on right track

Updated: April 16, 2012, 5:57 PM ET
Associated Press

LONDON -- The head of the U.S. Olympic Committee said Monday he is hopeful a deal can be struck in the long-running talks with the IOC on revenue sharing -- an issue that has strained ties between the organizations.

USOC chief executive officer Scott Blackmun told The Associated Press that the issue is complex and would not be resolved overnight. Even so, he hoped the two parties could put this behind them sooner rather than later.

"There is a genuine desire on both sides to get to ...

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