U.S. will not bid for Summer Games in '20

The United States Olympic Committee said yesterday it will not submit a bid to stage the 2020 Summer Olympics.

New York, Chicago, Los Angeles, Minneapolis, Dallas, Tulsa and Las Vegas all had vague discussions with the committee about the 2020 race but the organization said there was not enough time to put together a winning bid ahead of the Sept. 1. deadline.

"We're not going to bid for 2020," USOC spokesman Patrick Sandusky said. "With such little time left we just didn't think we could put a winning bid together." Rome, Tokyo, Madrid and Istanbul have announced their intentions to bid.

After a failed attempt by Chicago to host the 2016 Olympics, followed by a missed attempt to stage the 2022 World Cup, the United States expressed only mild interest in pursuing the 2020 Games.

The United States has been hesitant to re-enter the bidding process until it completes a contentious revenue-sharing agreement with the International Olympic Committee.

-- Reuters