Home Depot: You Can Do It. We Can't Help.
DENVER –– Home Depot, the company that offered jobs and benefits to U.S. Olympians, will discontinue that program after deciding not to renew its U.S. Olympic Committee sponsorship.
Company spokesperson Jean Niemi told The Associated Press that the big-box home store would no longer be a USOC sponsor. The last four-year deal was worth between $15 million and $20 million.
The most notable part of the Home Depot sponsorship was its Olympic Job Opportunity Program, which allowed Olympic athletes to work flexible hours and receive full-time benefits.
There are currently 86 athletes in the program. Niemi said they will all be given opportunities to continue their employment when the program officially ends March 2.
Published at 6:16 PM EST on Jan 8, 2009
Copyright Associated Press / NBC New York