Olympics

Nov 12, 2013 9:42 PM by Jordan Mason

USOC signs CEO Blackmun through Rio Olympics

COLORADO SPRINGS, Colo. (AP) - The U.S. Olympic Committee gave CEO Scott Blackmun a contract extension through the 2016 Olympics that raises his base salary 10 percent, to $550,000, while eliminating long-term incentive bonuses.

The 56-year-old Blackmun took over for Stephanie Streeter in 2010 after the USOC went through turmoil in the wake of its firing of Jim Scherr.

Blackmun made $461,931 in base salary and $231,750 in bonuses in 2012.

The USOC board approved Blackmun's new contract last month, but did not announce it publicly.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

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