May 15, 2015, 5:56 PM
DENVER — The U.S. Olympic Committee brought in $270 million in 2014, surpassing the previous high mark for a Winter Olympics year by $29 million thanks to an increase in licensing income.
The federation released its 2014 tax forms Friday, including salaries of its highest-paid employees. CEO Scott Blackmun made $1 million, nearly $450,000 of which came in bonus pay. As a sign of the USOC’s increasing stability, this also marked the third year since 2011 that the federation hasn’t had to pay severance to ex-employees.
The USOC spent about $144 million on direct support to athletes and national governing bodies, a 25 per cent increase over 2010 — the last Winter Olympics year.