USOPC Explores Selling Stake in Team USA Rights

    TL;DR: The U.S. Olympic and Paralympic Committee has opened talks with investors about selling a minority stake in Team USA's commercial rights ahead of the 2028 Los Angeles Games, Sky News reported.…

    ·6 min read
    Reviewed by Jeff Barnes — CEO of Angel Investors Network · MBA · $1B+ in Capital Formation
    Silhouetted athletes walk onto a training track in a dark indoor arena, lit by warm gold floodlights against deep navy shadow.
    TL;DR: The U.S. Olympic and Paralympic Committee has opened talks with investors about selling a minority stake in Team USA's commercial rights ahead of the 2028 Los Angeles Games, Sky News reported. No price, stake size or buyer has been published, and nothing reported offers individual investors a way in.

    What did the USOPC announce?

    The U.S. Olympic and Paralympic Committee (USOPC) has started talks with potential investors about a deal that could include selling a stake in Team USA's commercial rights. Youth Sports Business Report says Sky News first reported this on November 3, 2026. The BBC adds that the plan involves a new company, United States Olympic and Paralympic Ventures (USOPV).

    The USOPC has not announced a sale. Its statement, as the BBC quotes it, says the committee "is evaluating a range of commercial models to generate greater resources in support of its mission." That is a committee weighing options, not a signed deal.

    Per SwimSwam, USOPC board minutes show the committee has explored the USOPV idea since 2024. The BBC quotes those minutes describing "encouraging feedback from preliminary discussions with potential investment and strategic partners."

    Why is the USOPC doing this now?

    The timing follows its current commercial arrangement. The USOPC's partnership with the LA28 organizing committee will end after the 2028 Games, the BBC reports. SwimSwam says the committee enters the renewal period for its commercial rights in January 2027, with new agreements taking effect in 2029.

    Money is the other driver. According to Youth Sports Business Report, the USOPC receives no federal funding and relies on sponsors, philanthropy and Games revenue. Forbes, as syndicated on Yahoo Finance, reports that the cash could support smaller sports such as speedskating and rowing, which often operate near insolvency.

    One source told Sky News that a separate commercial rights deal could help move the USOPC away from a four-year funding cycle dominated by Summer Games years, per Sports Business Journal.

    What do we know, and what is still missing?

    ItemWhat the reports say
    StructureA new company, USOPV, to hold commercial rights
    AdvisorThe USOPC has reportedly hired the Raine Group, a financial advisory firm, to explore several options, per Forbes
    Investor typesAsked whether it would take money from private equity, institutional capital or sovereign wealth funds, the USOPC's answer was that it is looking at all of its options, per RG.org
    Carve-outTicketing and hospitality for Utah 2034 would stay with that organizing committee, per RG.org
    Price, stake size, valuation, buyerNot given in the reports we reviewed

    The last row matters most. A headline about a stake sale tells you the seller wants capital, but it says nothing about what the rights are worth, what a buyer would actually receive, or who would control how they are sold.

    How does this compare with other sports stake sales?

    Forbes points to FIFA. It reports that FIFA said in July it planned to raise an estimated $4.2 billion by selling a reported 20% minority stake in a new subsidiary at an equity valuation of $20 billion. Critics, Forbes adds, said soccer "is not FIFA's to sell."

    The USOPC has published no comparable terms. Treat the FIFA numbers as context. They show how large these deals can get, not what Team USA's rights would fetch.

    Sports ownership has been moving the same way for months. We walked through how the Dolphins stake sale worked and what the record-valuation minority sale said about pricing. For the first report on this committee's plan, see our earlier note on Team USA's new venture. If you want the wider picture of how minority stakes in asset managers get priced, Tikehau Capital's strategic stake sale is a useful comparison.

    What does it mean for an accredited investor, downside first?

    It means a deal for institutions, if it happens. The USOPC was asked about private equity, institutional capital and sovereign wealth funds, and it did not rule any in or out. Nothing cited describes a route for an individual to buy in.

    If a product later claims to give you exposure, start with how you lose money. Read the fee layers, the lockup and who controls the rights. A minority holder in a rights vehicle typically gets a share of the economics and little say over how the rights are sold, which is why the exit usually depends on finding the next buyer.

    Governance could shape any terms too. The USOPC is a non-profit, the BBC notes, and it says it has been in ongoing conversation with athlete and national governing body leaders.

    Common mistakes

    Don't read "exploring" as "selling." The USOPC has not said a deal is agreed, and a report of talks can end with no deal at all. Nobody has named a price. No valuation has been published, so any figure you see attached to this is someone's guess.

    The mistake that costs real money is trusting a pitch for "Olympic exposure" because it uses the right names. Ask who the issuer is and whether the USOPC authorized it.

    FAQ

    Is the USOPC selling Team USA? No. Reports say it is exploring a sale of a minority stake in commercial rights through a new company, USOPV. It has not announced a completed deal, a buyer, a price or a stake size.

    Who first reported the talks? Sky News reported on November 3, 2026, per Youth Sports Business Report. The BBC, SwimSwam and Sports Business Journal followed. Read the Sky News original where you can.

    Can individual investors buy a piece of Team USA? Nothing in the reports we reviewed offers individuals a way in. Be skeptical of any product that claims otherwise, and check the issuer and its fees first.

    What happens to the 2034 Utah Games rights? RG.org reports that ticketing and hospitality for Utah 2034 would stay with that organizing committee. The reports do not detail the rest of the 2034 arrangement.

    What to do today

    If you are asked to invest in anything described as Olympic or Team USA exposure, ask for the issuer's name and its offering documents. Then check whether the USOPC has announced a relationship with it. Until the USOPC publishes terms, treat claims about this deal as unverified.

    If you'd like this kind of read on private-market deals as they break, sign up for the free AIN briefing.

    Educational content only. Not investment, tax, or legal advice. Not an offer or solicitation to buy or sell securities. Past performance does not guarantee future results. Private-market investments are illiquid and involve risk of loss, including total loss of capital. Consult qualified advisers. Angel Investors Network is not a broker-dealer or investment adviser.

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    About the Author

    Jeff Barnes, MBA