APNewsBreak: USOC admin costs rise after Nassar scandal

DENVER (AP) — The U.S. Olympic Committee’s administrative costs more than doubled from 2017 to 2018 as it dealt with a $5.2 million investigation into its handling of the Larry Nassar sex-abuse cases and paid a $2.4 million severance to its former CEO.

The payments to the Ropes & Gray law firm, former CEO Scott Blackmun and the Covington & Burling law firm helped raise the USOC’s administrative and general costs to $31.2 million in 2018, compared with $14.9 million the previous year and $15.1 million in 2016.

According to data in the 2018 tax forms and annual report provided to The Associated Press before their public release Wednesday, the $31.2 million represents nearly 11.6% of the USOC’s expenses, compared with 7.1% in 2017 and 5.8% in 2016.

The USOC brought in nearly $323 million in 2018, compared with $272 million in 2014 — the same point in the last Olympic cycle.

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