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July 2, 1988 | KENNETH REICH, Times Staff Writer
The board of trustees of the United States Olympic Foundation, the group in charge of allocating to the U.S. Olympic Committee its $90-million share of the 1984 Los Angeles Olympic surplus, has voted, 4-3, against adopting a policy that would restrict investment in companies doing business in South Africa.
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SPORTS
September 11, 1988 | KENNETH REICH, Times Staff Writer
The Los Angeles Olympics made one of the greatest profits of any sports event in history, $222.7 million. That surplus, primarily locked away in two major funds, will, by all indications, be distributed in bits and pieces well into the next century. In fact, because of the policies of foundations affiliated with the U.S. Olympic Committee and a successor to the Los Angeles Olympic Organizing Committee, the Amateur Athletic Foundation, the principal of the surplus has been conserved.
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SPORTS
September 11, 1988 | KENNETH REICH, Times Staff Writer
The Los Angeles Olympics made one of the greatest profits of any sports event in history, $222.7 million. That surplus, primarily locked away in two major funds, will, by all indications, be distributed in bits and pieces well into the next century. In fact, because of the policies of foundations affiliated with the U.S. Olympic Committee and a successor to the Los Angeles Olympic Organizing Committee, the Amateur Athletic Foundation, the principal of the surplus has been conserved.
CALIFORNIA | LOCAL
July 29, 1988
The U.S. Olympic Foundation's president says he's "shocked" that the Los Angeles City Council has asked for the resignation of foundation trustees who support investments in South African businesses. The council Tuesday unanimously passed a resolution seeking the resignations, contending that the investment policy was inconsistent with U.S. policy. "I'm surprised and shocked; they have nothing to do with the Olympic Foundation," F. Don Miller, president of the organization, said Wednesday.
SPORTS
May 16, 1988 | Randy Harvey
One reason the Amateur Basketball Assn. of the USA closed the Olympic men's trials to the media this week in Colorado Springs was to avoid the second-guessing that occurred in 1984, when Auburn's Charles Barkley was not named to the team despite one of his uniquely brilliant performances. "We don't want Dick Vitale picking our team," said Bill Wall, ABAUSA's executive director.
CALIFORNIA | LOCAL
July 29, 1988
The U.S. Olympic Foundation's president says he's "shocked" that the Los Angeles City Council has asked for the resignation of foundation trustees who support investments in South African businesses. The council Tuesday unanimously passed a resolution seeking the resignations, contending that the investment policy was inconsistent with U.S. policy. "I'm surprised and shocked; they have nothing to do with the Olympic Foundation," F. Don Miller, president of the organization, said Wednesday.
SPORTS
May 23, 1988 | Randy Harvey
The United States Olympic Committee could be considerably richer after negotiations this week in New York among U.S. television networks, the International Olympic Committee and the organizers for the 1992 Winter Games in Albertville, France. For that, the USOC can thank Gen. George Miller, who, nevertheless, was forced out last year as the committee's executive director. When U.S. networks bought broadcast rights in past years, they also bought the five Olympic rings.
CALIFORNIA | LOCAL
July 27, 1988
The Los Angeles City Council on Tuesday blasted one of the agencies created to spend surplus funds from the 1984 Olympic Games for failing to take a position against investments in South Africa. The council voted 15 to 0 to condemn the U.S. Olympic Foundation and request that the agency's board of trustees change their minds.
CALIFORNIA | LOCAL
July 27, 1988
The Los Angeles City Council on Tuesday blasted one of the agencies created to spend surplus funds from the 1984 Olympic Games for failing to take a position against investments in South Africa. The council voted 15 to 0 to condemn the U.S. Olympic Foundation and request that the agency's board of trustees change their minds.
SPORTS
July 2, 1988 | KENNETH REICH, Times Staff Writer
The board of trustees of the United States Olympic Foundation, the group in charge of allocating to the U.S. Olympic Committee its $90-million share of the 1984 Los Angeles Olympic surplus, has voted, 4-3, against adopting a policy that would restrict investment in companies doing business in South Africa.
SPORTS
May 23, 1988 | Randy Harvey
The United States Olympic Committee could be considerably richer after negotiations this week in New York among U.S. television networks, the International Olympic Committee and the organizers for the 1992 Winter Games in Albertville, France. For that, the USOC can thank Gen. George Miller, who, nevertheless, was forced out last year as the committee's executive director. When U.S. networks bought broadcast rights in past years, they also bought the five Olympic rings.
SPORTS
May 16, 1988 | Randy Harvey
One reason the Amateur Basketball Assn. of the USA closed the Olympic men's trials to the media this week in Colorado Springs was to avoid the second-guessing that occurred in 1984, when Auburn's Charles Barkley was not named to the team despite one of his uniquely brilliant performances. "We don't want Dick Vitale picking our team," said Bill Wall, ABAUSA's executive director.
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