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No deal: Still no agreement on US-IOC revenues
No deal: IOC and USOC getting closer but still no deal in long-running revenue negotiations
By The Associated Press

LAUSANNE, Switzerland (AP) ' As Olympic leaders gather for their first executive board meeting of 2012, there is one thorny issue that won't be on the agenda for approval.

The long-running revenue negotiations between international and U.S. Olympic officials made progress in recent weeks, but failed to produce an agreement in time for the two-day IOC executive board meetings that opened in Lausanne on Tuesday.

IOC President Jacques Rogge tells The Associated Press the issue "will not be discussed at this executive board, but I hope that this can be achieved at further meetings."

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