US 2020 Olympic bid still possible

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DURBAN, South Africa (AP) — U.S. and international Olympic leaders tell The Associated Press they have made progress in negotiations on a new revenue-sharing deal that could lead to a last-minute American bid for the 2020 Summer Games.

The International Olympic Committee and U.S. Olympic Committee held a new round of talks Thursday aimed at resolving the financial issues that have strained relations for years and contributed to defeats for New York for the 2012 Games and Chicago for 2016.

USOC CEO Scott Blackman tells AP the meeting was “constructive and positive and there’s a strong desire on both sides to find something that’s going to work for everybody.”

The sides agreed to meet again in New York in the next few weeks.

Agreement could open the way to a U.S. Olympic bid.