Jul 13, 2010 at 04:48 PM
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Report: Dow / IOC Sponsorship Announcement Coming Friday

Philip Hersh of the Chicago Tribune today writes that the long-rumored Olympic sponsorship deal between the IOC and Dow Chemical will be announced in New York on Friday. More interesting, Hersh writes that according to sources familiar with negotiations of the deal the USOC will forego the 20% commission it is owed as a "peace offering to the IOC."