Budweiser Bows Out of Team USA Sponsorship

CNN/Stylemagazine.com Newswire | 1/20/2017, 9:59 a.m.
After 32 years, Budweiser's sponsorship of Team USA has gone flat. Anheuser-Busch InBev, which owns Budweiser, has decided not to …

After 32 years, Budweiser's sponsorship of Team USA has gone flat. Anheuser-Busch InBev, which owns Budweiser, has decided not to re-up its partnership with the U.S. Olympic Committee, the company said Wednesday. The move means other brewers can jockey to be Team USA's official beer after years on the sidelines. Budweiser has been a sponsor of the U.S. Olympic Committee since 1984. It's not the only bad news that's been dealt to the Olympic Committee. Online broker TD Ameritrade also decided not to renew its sponsorship after signing on for the 2012, 2014 and 2016 games.

View Our E-Editon