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London revenues help summer sports

Updated: November 30, 2012, 3:00 PM ET
Associated Press

LAUSANNE, Switzerland -- Summer sports federations are set to receive an increase in revenues from the London Olympics compared to their share from the 2008 Beijing Games.

The Association of Summer Olympic International Federations shared a total of $296 million among the 28 sports on the 2008 Beijing Olympics program.

Andrew Ryan, ASOIF director, says the 26 sports federations on the London program will receive a "substantial increase" this time.

Ryan says the final figure ...

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