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PARIS – When weightlifter Olivia Reeves showed up to compete at the South Paris Arena on Friday, she knew “there were going to be tears, good or bad.”

She was supposed to win the 71 kg competition at the Paris Games. United States weightlifters are never supposed to win in an Olympics, but Reeves was different. And this circumstance was, too.

For one, respected lifters from China and North Korea weren’t in the field in Paris. And those who were in the field, they’d not lifted as much as she could.

“I did a lot of research on everybody else,” USA national team coach Mike Gattone said, “and I’m like ‘My goodness, we ought to win this thing.’”

Yes. Reeves was the favorite, and the 21-year-old college student knew it.

2024 Olympic medals: Who is leading the medal count? Follow along as we track the medals for every sport.

“It’s hard not to when everybody tells you that,” she said, “and is like ‘Gold is yours.’ I was like, ‘I haven’t done anything yet. I’ve still got to compete.’”

She knew, too, that she was either going to cry because she lost or cry on the podium while hearing the “Star-Spangled Banner” with a gold medal around her neck.

It ended up being the latter.

Reeves cried on the podium after winning the United States’ first weightlifting gold medal in 24 years, and she did it rather easily. She’d already clinched the gold by the time she reached the podium for her final lift, using it to aim for her second Olympic record of the evening.

That was the only thing that didn’t go right, but it didn’t matter. Reeves won with a total of 262 kilograms – roughly 578 pounds – to beat silver medalist Mari Leivis Sanchez of Colombia (257) and bronze medalist Angie Paola Palacios Dajomes of Ecuador (256).

To start Friday’s competition, Reeves set a new Olympic record in the snatch, lifting 117 kg (about 258 pounds) and entering the second half in first place. And in that clean-and-jerk portion, Reeves’ 145 kg was five better than anyone else.

“There’s a feeling you get a warmup room like this – and we’re usually not on that end of it – where everybody starts to fight for second,” Gattone said. “And that was happening.”

While American women have medaled in weightlifting in each of the past two Olympics, Reeves’ gold was Team USA’s first since Tara Nott-Cunningham in 2000.

Reeves, who was born in Lexington, Kentucky but moved to Chattanooga when she was young, got into weightlifting in elementary school because her parents owned a gym. She’d attend weightlifting seminars taught by Steve Fauer, her personal coach, and thought it seemed fun.

Reeves said she never watched Olympic weightlifting until the 2016 Games in Rio. Could she have ever envisioned what happened Friday in Paris? “No, not at all.”

“When I started doing this,” Reeves said, “the goal was to just get as strong as I can. That’s what’s fun for me is seeing how much weight I can put on the bar and training every day and getting better.”

She’ll start fall semester in 10 days at the University of Tennessee at Chattanooga, where she needs 18 credit hours for her undergraduate degree.

And she’ll continue weightlifting, of course.

“I don’t think the goal has ever changed, and that’s why I still love the sport. It’s never been about numbers and medals,” said Reeves, an Olympic gold medal glistening around her neck.

The USA TODAY app brings you every Team USA medal – right when it happens.Download for full Olympics coverage, crosswords, audio storytelling, the eNewspaper and much more.

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PARIS — Rose Zhang’s first Olympics got a little more interesting Friday, and so did Team USA’s hopes of winning a medal in this week’s women’s golf tournament at Le Golf National.

Zhang, a 21-year-old two-time NCAA champion at Stanford, eagled two of her five final holes – and double-bogeyed another – to finish with a 5-under-par 67, moving her into a tie for third place entering Saturday’s final round.

Now at 7 under for the tournament, Zhang is two strokes behind the third-round leaders: New Zealand’s Lydia Ko and Switzerland’s Morgane Metraux (each at 9 under). Japan’s Miyu Yamashita (7 under) is tied with Zhang for third.

Zhang’s third round was among the best score of any player Friday. The highlight? On the par-5 18th hole, Zhang’s second shot was a 6-iron from 191 yards over the water to within a few feet of the hole, allowing her to tap in for a round-closing eagle.

2024 Olympic medals: Who is leading the medal count? Follow along as we track the medals for every sport.

‘There’s been ups-and-downs and not something that everyone sees,’ Zhang told reporters after Friday’s round. ‘I’ve realized it’s such a great privilege to be out here competing and representing your country and just playing on a weekly basis. So I’ve been learning a lot there and learning about myself.’

Zhang has already appeared in the Solheim Cup and made this USA Olympic team alongside Nelly Korda and Lilia Vu, currently the world’s top two players.

Korda, the reigning Olympic gold medalist, is hanging around in contention at the Olympics, too. Korda shot a 70 on Friday and is tied for seventh at 4 under entering Saturday’s final round.

‘We’ll see how it goes,’ Korda said. ‘I’m giving myself a chance.’

Reach Gentry Estes at gestes@gannett.com and on the X platform @Gentry_Estes

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The New England Patriots are moving on from one of their former top free agent signings after just one year.

The team on Friday announced it had released wide receiver JuJu Smith-Schuster.

The move comes one day after Smith-Schuster played 11 snaps and was not targeted once in the team’s preseason opener against the Carolina Panthers.

Smith-Schuster, 27, signed a three-year, $25 million contract with the Patriots last offseason. The 6-1, 215-pound former Pro Bowl target was set to step in to a receiving corps that lost Jakobi Meyers, who led New England in 2022 in both catches and receiving yards, to the Las Vegas Raiders.

But Smith-Schuster posted career lows of 29 catches and 260 yards while appearing in just 11 games for the Patriots. He told reporters during organized team activities that he never fully recovered last year from offseason knee surgery, which he underwent after helping lead the Kansas City Chiefs to a Super Bowl.

All things Patriots: Latest New England Patriots news, schedule, roster, stats, injury updates and more.

Patriots executive vice president of player personnel Eliot Wolf said in February that the franchise needed to ‘weaponize the offense.’ New England selected two wide receivers in the NFL draft – Washington’s Ja’Lynn Polk in the second round and UCF’s Javon Baker in the fourth.

The Patriots will incur a $9.6 million dead cap hit as a result of the move.

The USA TODAY app gets you to the heart of the news — fast.Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

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The Biden administration is sending another round of military assistance to Ukraine as its war with Russia intensifies following a large-scale incursion by Ukrainian forces. 

The latest package is worth $125 million and includes air defense interceptors, munitions for rocket systems and artillery, multi-mission radars, and anti-tank weapons, the State Department said Friday. 

The U.S. has funneled billions in assistance to Ukraine to help the country counter Russian attacks. The aid came following the deaths of at least 14 people in a mall in Kostiantynivka, in the eastern Donetsk region, by a Russian airstrike. 

‘The end goal here is to help Ukraine defend itself,’ White House national security council communications adviser John Kirby told reporters. 

Some Republicans have objected to the Biden administration’s spending on military and economic aid for Ukraine, amid numerous domestic pressures. The U.S. national debt currently stands at just over $35 trillion.

On Friday, Russia’s Lipetsk region, which sits just north of Kursk, came under attack by Ukrainian drone strikes in which an ammunition depot and warehouse were reportedly hit. Some 700 Russian guided bombs were allegedly destroyed in the strike, East2West media sources told Fox News Digital. 

Pro-Kremlin military bloggers released a video online showing the remnants of a Russian convoy that was apparently ambushed by Ukrainian forces on Thursday night. 

The graphic footage showed burned-out vehicles, including some that were filled with bodies of dead Russian soldiers. 

Meanwhile, Russia declared a federal-level emergency in the Kursk region, four days after hundreds of Ukrainian troops poured across the border in what appeared to be Kyiv’s biggest attack on Russian soil since the war began.

Russia’s Defense Ministry said reinforcements were on their way to Kursk to counter Ukraine’s raid, with Russia deploying multiple rocket launchers, towed artillery guns, tanks transported on trailers and heavy tracked vehicles.

Fox News Digital’s Caitlin McFall and The Associated Press contributed to this report. 

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In this edition of StockCharts TV‘s The Final Bar, Dave presents a special all-mailbag episode, answering viewer questions on optimizing entry points for long ideas, best practices for point & figure charts, and the relationship between gold and interest rates.

See Dave’s chart showing Zweig Breadth Thrust signals for 25 years here.

This video originally premiered on August 9, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

A sigh of relief? The US stock market started the week on a pessimistic note, but changed course toward the end of the week, ending in a more positive tone.

Last week’s weaker-than-expected jobs report scared investors into thinking that perhaps the Federal Reserve was too late in cutting interest rates. However, last week’s ISM Services report and Thursday’s jobless claims eased those concerns.

Stock Market Indexes Are Better, Technically

While the charts of the S&P 500 ($SPX), Dow Jones Industrial Average ($INDU), and the Nasdaq Composite ($COMPQ) are showing signs of strength, it’s too early to declare that it’s beginning to rally to the upside. Let’s analyze the charts of all three indexes in more detail and see where they stand.

The Mega-Cap S&P 500 Index

The S&P 500 held the support of its 100-day simple moving average (SMA) and its 50% Fibonacci retracement (from the April low to July high). While the S&P 500 looks like it’s trying to move higher (see chart below), the next resistance level isn’t too far off. The 38.2% Fib retracement at 5400 was a support level for some previous lows. If the S&P 500 reaches that level, the August 2 gap will be filled.

Until the index breaks above the 5400 level, you can’t call this week’s price action a bullish rally. All the more reason to watch the price action in the S&P 500.

CHART 1. DAILY CHART OF THE S&P 500. The index ended the week closing above its 100-day moving average and its 50% Fibonacci retracement level, but it’s too early to call this a bullish move.Chart source: StockCharts.com. For educational purposes.

Tech-Heavy Nasdaq Composite

The Nasdaq Composite is also improving, but hasn’t reached the ranks of the S&P 500. From a technical standpoint, the Nasdaq Composite is approaching its 100-day SMA and 50% Fibonacci retracement level (from April lows to July high), which could act as a resistance level (see chart below). Looking back, you can see that level was a resistance and support level in the past.

CHART 2. DAILY CHART OF NASDAQ COMPOSITE. Watch the resistance level that’s close by. Will the index break through this level, or will it be a resistance level that it’ll have a tough time pushing through?Chart source: StockCharts.com. For educational purposes.

The Dow Jones Industrial Average differs slightly from the S&P 500 and Nasdaq, but also looks better technically (see chart below). It peaked on July 18, declined a few days later, and tried to reach the previous peak.

The price action is almost like a double top pattern. What’s interesting is that the index almost reached its measured move lower. The measured move from the July 18 high to July 24 trough was 3.4%. From the chart below, you can see that a 3.4% decline from the July 24 low would bring the index to 38,438. The Dow went as low as 38,499 before moving higher.

Overall, it seems that equities are trying to recover. But will the recovery be sustained?

Recession worries may be in the rearview mirror for a while, but investors continue to walk a fine line. On Monday, the CBOE Volatility Index ($VIX) went as high as 65.73. The last time we saw those levels was in March 2020, when COVID was a concern.

Volatility has come down significantly, but is still above 20. It’s too early to say the market is done with fear; we’ve only started to see a change. Remember, it was just a few days ago when the stock market saw an excessive selloff. Next week, there are important reports on consumer and producer inflation, retail sales, and consumer sentiment.

Inflation Data: What To Know

With rate cut expectations on the radar, you’ll want to stay on top of next week’s inflation data. The Federal Reserve Bank of Cleveland estimates a year-over-year percent change of 3.01% for headline CPI and 3.33% for Core CPI. If the data shows that inflation is coming down as it has been in the last few months, investors could sigh a huge relief. Conversely, if the data comes in hotter than expected, it could throw things off. But that’s unlikely since a rate cut in September is very probable. That’s not to say it’s not possible, though.

Watch the price action in bonds ahead of the US inflation data. Bond prices showed signs of leaving the start line but have retreated. The daily chart of the iShares 20+ Year Treasury Bond ETF TLT below shows the ETF bounced off a support level.

Which direction will TLT move? If the inflation data supports a September rate cut, then TLT will move higher, possibly before the report is released.

Another note is that the CME FedWatch Tool shows the probability of a 50 basis point rate cut in September at 49.5. That’s a significant drop from the end of last week, when the probability was close to 90%.

Closing Position

Proceed with caution. We’ve seen how quickly the market can change direction. Any piece of negative data could send volatility through the roof again. The stock market is hanging on, and the best you can do is note the important support levels in the broader indexes, sectors, and individual equities. If equities can hang on next week, they’ll be on more solid footing. Right now, you need to have a safety net close by.

End-of-Week Wrap-Up

S&P 500 closed down 0.04% for the week, at 5344.16, Dow Jones Industrial Average down 0.60% for the week at 39,497.54; Nasdaq Composite closed down 0.18% for the week at 16745.30$VIX down 12.91% for the week closing at 20.37Best performing sector for the week: IndustrialsWorst performing sector for the week: MaterialsTop 5 Large Cap SCTR stocks: Insmed Inc. (INSM); Carvana Co. (CVNA); FTAI Aviation Ltd. (FTAI); Sprouts Farmers Market (SFM); SharkNinja, Inc. (SN)

On the Radar Next Week

July Producer Price Index (PPI)July Consumer Price Index (CPI)July Retail SalesAugust Michigan Consumer SentimentJuly Housing StartsFed speeches from Bostic, Harker, Musalem, Goolsbee, Earnings from Walmart (WMT), Cisco Systems (CSC), Home Depot (HD), among others.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

PARIS — The U.S. women’s basketball team will play for an unprecedented eighth gold medal.

After crushing Australia 85-64 in a game that felt like a blowout from the jump, Team USA will meet either host country France or Belgium in the gold-medal game Sunday.

The Americans were led again by Breanna Stewart, who finished with 16 points, while Jackie Young scored 13 in her second start, and A’ja Wilson had 10 points, eight rebounds and four blocks. Kahleah Copper, who hasn’t got off the bench much, scored 11 points in a reserve role.

After pushing the Americans in the first quarter, Australia struggled mightily to score, putting up just 11 and 13 points in the second and third quarters, respectively.

Here’s how Friday’s game unfolded:

2024 Olympic medals: Who is leading the medal count? Follow along as we track the medals for every sport.

The USA TODAY app brings you every Team USA medal – right when it happens.Download for full Olympics coverage, crosswords, audio storytelling, the eNewspaper and much more.

End of third quarter: USA 66, Australia 40

PARIS — Unsurprisingly, it is not getting better for Australia. The U.S. is cruise control at this point. With three players in double figures (Stewart has 16, Young 14 and Wilson 10), it’s now more about if anyone else can get into double-digits for the Americans. It’s safe to say Team USA will be playing for an eighth consecutive gold on Sunday.

– Lindsey Schnell

Halftime: USA 45, Australia 27

PARIS — Jackie Young continues her scoring tear, totaling 10 points the first half as the Americans head into halftime with an 18-point lead. Breanna Stewart has a team-high 11 and A’ja Wilson has four points with four blocks. The U.S. has held Australia to 33% from the field while shooting 56% itself, including 44% from 3. The Americans have also grabbed seven steals already, and turned the ball over just five times in 20 minutes (sloppy play had been an issue through the U.S.’s first four games).

USA 20, Australia 16 after first quarter

PARIS — The U.S. clearly got a talking-to from coach Cheryl Reeve before this game – or maybe one of its captains – and came out ready to play. The Americans jumped out to a 12-4 lead, forcing Australia to burn a timeout. Once the Aussies got their footing though they closed the gap to 18-16 before the U.S. got a couple quick buckets. 

Stars out to watch Team USA in semifinals

As usual, the stars are coming out to watch Team USA. Kevin Durant  is sitting courtside, along with Dawn Staley, Sue Bird and Megan Rapinoe. Vanessa Bryant and her girls are also in the VIP row.

USA basketball lineup vs Australia

Chelsea Gray
A’Ja Wilson
Breanna Stewart
Jackie Young
Naphessa Collier

Same starting five the U.S. as the quarterfinals, as Jackie Young keeps her starting role over Diana Taurasi. Not surprising given the lift Young gave the Americans offensively and defensively. She typically guards the other team’s best perimeter player. 

USA vs Australia basketball prediction

Australia is an experienced, talented team featuring one of the brightest young stars in the WNBA in Ezi Magbegor. If they were at full strength (Becca Allen is out with an injury) the Australians could probably push Team USA because their other WNBA players — Sami Whitcomb, Alanna Smith and others — won’t be scared of the Americans. But depth will be the difference maker here, and the U.S. should win comfortably.

Prediction: USA 82, Australia 67

Diana Taurasi: Age is just a number

Lots has been made about Diana Taurasi’s age (42) as the 11-time WNBA All-Star goes for her sixth gold medal in Paris. But did you know the oldest player at this tournament — and the oldest to ever play Olympic basketball — is actually Lauren Jackson of Australia?

After missing the last two Olympics the three-time WNBA MVP is back with the Opals. She’s in a reduced role but thrilled to be here.

Read more on Jackson, Taurasi and 39-year-old LeBron James continuing to chase gold in their “geriatric” years

US women’s basketball scores, schedule

July 29:USA 102, Japan 76
Aug. 1: USA 87, Belgium 74
Aug. 4: USA 87, Germany 68
Aug. 7: USA 88, Nigeria 74

Women’s basketball Olympics 2024 schedule

Here are the remaining contests at the 2024 Paris Olympics.

Aug. 9: semifinals, 11:30 a.m. ET and 3 p.m. ET
Aug. 11: bronze medal game, 5:30 a.m. ET
Aug. 11: gold medal game, 9:30 a.m. ET

USA women’s Olympic basketball team roster

The U.S. women’s basketball roster is made up of eight WNBA champions, three WNBA MVPs and five WNBA Rookies of the Year.

Guards: Kahleah Copper, Chelsea Gray, Sabrina Ionescu, Jewell Loyd, Kelsey Plum, Diana Taurasi, Jackie Young
Forwards: Breanna Stewart, Alyssa Thomas, A’ja Wilson, Napheesa Collier
Center: Brittney Griner

USA women’s basketball coach for Paris Olympics

Cheryl Reeve, head coach of the WNBA’s Minnesota Lynx, will serve as the head coach of the 2024 USA women’s national team. Kara Lawson (Duke), Joni Taylor (Texas A&M) and Mike Thibault (Washington Mystics) will serve as Reeve’s assistant coaches. Reeve and her staff previously led the USA women to a gold medal at the 2022 FIBA Women’s World Cup.

How many medals does Team USA women’s basketball have?

The United States has dominated at the Summer Games and has medaled in every Olympics they have competed in (they didn’t compete in 1980 due to a nationwide Olympic boycott).

In total, the U.S. women’s basketball team has won 11 medals – nine gold, one silver (1976), and one bronze (1992). The U.S. women have won seven consecutive gold medals dating back to the 1996 Olympics in Atlanta.

Brittney Griner more grateful than ever in first Olympics since Russian imprisonment

She knows what you see – the goofy grin, the 6-foot-9 big kid who loves skateboarding and off-roading, the intimidating shot-blocker on the basketball court – is only a fraction of the truth. 

To outsiders it looks like Griner has moved on quickly from her 10-month detention in Russian custody, a terrifying and isolating stretch of time that would’ve broken most people. When she poses for photos with fans, easily banks in an eight-footer, it looks like things are back to normal. But they’re not, and she’s not. 

‘It’s always with me, and there’s definitely moments of like, oh wow this could be totally different – I could be seeing this beautiful view through bars,’ Griner said Saturday from USA practice. ‘It doesn’t go away. It makes you appreciate everything a little bit more too.’

Diana Taurasi Olympic gold medals

Diana Taurasi and Sue Bird (2004, 2008, 2012, 2016, 2020) are the only two American women’s basketball players to win five Olympic gold medals. Taurasi can become the first to earn six gold medals in Paris.

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The New England Patriots are moving on from one of their former top free agent signings after just one year.

The team is releasing wide receiver JuJu Smith-Schuster, NFL Network’s Ian Rapoport reported Friday.

The move comes one day after Smith-Schuster played 11 snaps and was not targeted once in the team’s preseason opener against the Carolina Panthers.

Smith-Schuster, 27, signed a three-year, $25 million contract with the Patriots last offseason. The 6-1, 215-pound former Pro Bowl target was set to step in to a receiving corps that lost Jakobi Meyers, who led New England in 2022 in both catches and receiving yards, to the Las Vegas Raiders.

But Smith-Schuster posted career lows of 29 catches and 260 yards while appearing in just 11 games for the Patriots. He told reporters during organized team activities that he never fully recovered last year from offseason knee surgery, which he underwent after helping lead the Kansas City Chiefs to a Super Bowl.

All things Patriots: Latest New England Patriots news, schedule, roster, stats, injury updates and more.

Patriots executive vice president of player personnel Eliot Wolf said in February that the franchise needed to ‘weaponize the offense.’ New England selected two wide receivers in the NFL draft – Washington’s Ja’Lynn Polk in the second round and UCF’s Javon Baker in the fourth.

The Patriots will incur a $9.6 million dead cap hit as a result of the move.

The USA TODAY app gets you to the heart of the news — fast.Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

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PARIS — France’s basketball team wanted this gold-medal game against the U.S. – ever since losing to the U.S. for gold at the 2021 Tokyo Olympics.

The stakes – and pressure – have compounded since then, too.

∎With French star Victor Wembanyama’s arrival along with other talented young players, spurring the French revolution on the basketball court.

∎With the disappointing 18th-place finish at the 2023 FIBA World Cup.

∎With the 2024 Summer Games in Paris.

2024 Olympic medals: Who is leading the medal count? Follow along as we track the medals for every sport.

France plays the U.S. on Saturday (3:30 p.m. ET) at Bercy Arena for gold, and the environment should be fantastic. ‘That’s going to be the most-watched game, I feel like, since I’ve been playing in FIBA,’ U.S. star Kevin Durant said.

If a team can have a home game at the Olympics, this is it for France. “It’s very exciting to play France in Paris in the gold-medal game,” U.S. coach Steve Kerr said. “It doesn’t get much better.”

Don’t let the gravity of France’s situation detract from the pressure on the U.S. This is ultra-important for the Americans, too. The U.S. is the only country in Olympic basketball where if it doesn’t win gold, it’s a massive disappointment – if not embarrassment. The bronze at the 2004 Athens Olympics still stands as a low point for the U.S. men’s basketball team. It has won every Olympic gold since.

The U.S was almost in that predicament in Paris. Trailing Serbia 76-61 late in the third quarter of the semifinals, the U.S. rallied and averted disaster with a 95-91 victory Thursday, setting up this compelling gold-medal game.

“I didn’t want to be on the team that since ’04 didn’t make it to the gold-medal game,” said Steph Curry, who had a game-high 36 points against Serbia. “There’s pressure, that’s a part of it, but with the group that we have, I know the way that we all approach the game of basketball, the sacrifice has been evident up and down the roster this whole time.”

Kerr didn’t want to address the pressure question. Not now. But no U.S. coach and player want to be on an Olympic team that didn’t win gold.

“My only thought honestly is France. We just finished our coaches meeting. We met with the team. We have one more game left and that’s all I’m thinking about,” Kerr said Friday. “And so yes, of course there’s a lot of pressure in this job, but that’s what we sign up for and kind of what we enjoy. This is competition and so we’re locked in on (Saturday). We’re excited about competing for a gold medal and (you) can ask me all those other questions after.”

Kerr returned to his hotel late after beating Serbia, watched the France-Germany semifinal and then the first half of USA-Serbia. He planned to watch the second half later Friday – not to relive the wild comeback but to see how the U.S. can play better.

“There’s definitely things that we can learn from last night’s game, things that we can expect to see France do,” Kerr said. “By (Saturday) morning when we meet with the team, we will have reviewed everything together as a staff and put together our game plan. We have a decent idea of what we want to do, but we got to delve into it more deeply (Friday) and (Saturday) morning and be ready to go (Saturday) night.”

Kerr isn’t worried about the offense. The U.S. puts up points.

‘We’ve got to make tomorrow our best defensive game,” he said. “Our defense has carried us through this tournament. It’s what we know wins a FIBA game and the game got away from us (Thursday) night. … We’ve got to be ready for (Saturday) with a better defensive edge, more physicality and we got to be able to play off of our defense for sure.”

A week ago, France was on the verge of imploding. It had lost to Germany in the final game of group play and bickering between coach Vincent Collet and Evan Fournier ensued. Starting with the quarterfinals, Collet replaced Fournier and Rudy Gobert in the starting lineup with Isaia Cordinier and Guerschon Yabusele. The switch worked. France beat Canada and Germany to reach the final.

It’s a deep, experienced team with size that is playing its best basketball of the Olympics – and with confidence.

‘It’s what you dream of when you’re a kid,” Gobert said. “I remember, like it’s today, like it was yesterday, dreaming about seeing myself playing in the final at home in the Olympics. And now we’re here.”

And now we’re here with all the pressure that comes with a game of this magnitude.

Follow NBA reporter Jeff Zillgitt on social media @JeffZillgitt

The USA TODAY app gets you to the heart of the news — fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

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PARIS − Andrew Evans doesn’t need to wait for the end of the question. No sense in pondering certainty.

‘Fair to say you wouldn’t be here in Paris without …’

‘Definitely,’ he interjects.

Evans had just slung a discus 204 feet, 2 inches for Team USA at the Paris Olympics Monday, which wasn’t good enough to qualify for Wednesday’s medal round. Shortly after, he was asked whether he could’ve ever made it to the Olympics without the development he got from competing in NCAA sports.

It’s a no-doubter for Evans. What’s more in doubt is the future of NCAA non-revenue sports, which includes track and field, depending on how athletic directors choose to allocate resources. The landmark case of House vs. NCAA is expected to usher in transformative change in college sports in the form of a new revenue sharing model that would be a cash windfall for high-revenue sport athletes, but athletic directors have warned that it could come at the price of discontinuing some non-revenue sports as a cost-saving measure. A settlement agreement in the case has been reached, but hasn’t yet been certified by Northern District of California Senior District Judge Claudia Wilken. The settlement could also face legal challenges, but athletic departments in the the Power Four conferences (SEC, ACC, Big Ten, Big 12) are bracing for revenue sharing as a pending reality.

2024 Olympic medals: Who is leading the medal count? Follow along as we track the medals for every sport.

“Given the state of college athletics I’m concerned about the future of, frankly, non-football college sports because in many cases, it’s where our athletes are from,” Casey Wasserman, chair of the Los Angeles 2028 Olympic Committee, said earlier this year.

In its current form, the House settlement requires $2.8 billion in backpay to former NCAA athletes over a 10-year period, and allows schools to opt into revenue sharing going forward. To stay competitive in revenue-generating sports, primarily football, Power Four schools are expected to opt in for the maximum share − 22% of their average athletic revenues, as proposed by the settlement − which translates to more than $20 million annually, and would increase over time with more lucrative television contracts. To account for that, Power Four athletic directors will seek to add new revenue streams and cut spending, and most Olympic sports are red-ink entries on their budgets.

The future of the U.S. Olympic program, or at least sectors of it, could be impacted by those pending decisions.

Evans’ journey of Olympic development, nurtured almost entirely through NCAA competition, is commonplace. The path of Simone Biles, the uber-talented gymnast who was so gifted at such a tender age that she turned pro as a teenager and never needed so much as a handful of gym chalk from the NCAA, is very much an outlier. As of Thursday morning, with four more days of Olympic competition remaining in Paris, 48 U.S. athletes had won gold medals. Of those, 37 competed in their sport at the NCAA level.

Stanford University Director of Athletics Bernard Muir, who oversees the leading feeder to Team USA of any college in the nation, estimates that 80 percent of U.S. Olympians come from the college ranks. NCAA competition is indisputably a bedrock of Olympic development.

Evans didn’t win gold, or even reach the medal round, but the path he took to Paris illustrates the crucial bridge the NCAA creates between high school athletics and the Games. He attended Portage Northern High in Michigan, where he played football, ice hockey, and threw discus more as a distraction than a passion. His track coach used to bring him pizza before practice.

‘There wasn’t a ton of structure,’ said Evans. ‘… We just kind of hung out. We took a lot of throws, but the technical stuff was all over the place. The weightlifting I did was for football. There wasn’t a focus on performing the best you can for discus. That’s what college brings to the table.’

Title IX’s role in House vs. NCAA fallout

The door to compensation for NCAA athletes opened three years ago after California legislation established name, image and likeness (NIL) rights, and other states followed suit by passing their own NIL laws to remain competitive in recruiting. More recently, the House vs. NCAA settlement proposes a massive step farther by cutting athletes in on the revenues of their school’s athletic departments, which includes TV contracts, sponsorships and ticket sales. Payments could begin as early as 2025-26 if the settlement is approved and survives legal challenges, with much of it going to athletes in the two highest revenue-generating sports: football and men’s basketball.

Title IX considerations also are in play when it comes to the options athletic directors will have. The federal civil rights law prohibits sex-based discrimination in educational programs that receive federal funding, and has assisted with the proliferation of NCAA women’s sports. David Berri, Department Chair and Professor of Economics at Southern Utah University, who specializes in sports economics, believes Title IX will offer women’s sports a higher level of protection from potential discontinuation.

‘My feeling is there would be a huge amount of outrage over (cutting women’s sports). You certainly can’t get around Title IX,’ Berri said. ‘Even if somebody were to rule Title IX doesn’t apply in this circumstance, if you were going to do a widespread removal of women’s athletic opportunities, that is not going to fly.’

Men’s non-revenue sports, conversely, could be at higher risk. Even pre-House, the numbers of NCAA schools offering wrestling and men’s gymnastics have fallen over time. NCAA men’s gymnastics programs have dwindled to 12, per USA Gymnastics, down from 59 in 1981-82. Team USA men’s gymnast Paul Juda, who competed at Michigan, used his Olympic platform to plead with athletic directors to save an already-decimated sport at the college level.

‘If you want to see success on the Olympic stage, I don’t think there’s anything better to prep you than NCAA competition. We all said that this (Olympic) competition, we were just going to treat like NCAA championships,’ Juda said. ‘… So I would say to any collegiate program and any collegiate athletic director, if you want to continue to see success in the USA, you’re gonna want to fight for that NCAA podium, as well.’

How new NCAA revenue streams could help

Earlier this year, University of Alabama Director of Athletics Greg Byrne told a Congressional roundtable discussion, led by Texas Sen. Ted Cruz, that the Crimson Tide’s 19 non-revenue sports lose $40 million annually.

‘If I’m a swimming student-athlete. If I’m a tennis, I’m a track, any of those sports – those are really important to our universities – we want to compete in them. I can’t stress that enough,’ Byrne said. ‘But there also will have to be decisions made because there’s not an unlimited supply of money like some believe.’

Not unlimited, perhaps, but not capped, either. The NCAA recently approved the use of sponsorship logos on football fields, which could provide a new revenue stream of several million dollars per year at top-level football schools. Reportedly, the Big 12 is even exploring a title sponsorship deal that would sell naming rights on the conference itself.

Schools in smaller conferences won’t be on the same revenue-sharing hook, but Olympic sports are in peril at that level too, because they’re very much on the hook for a large chunk of the $2.8 billion in backpay that the House settlement awarded to former NCAA athletes. Athletic directors decry the possibility of Olympic sports being terminated, although they’ll ultimately be the ones wielding the budget-cutting sword. Evans, for one, sees a gloomy future for the USA Track and Field discus program if it’s not underpinned by a healthy NCAA offering.

‘It would be tough for the Olympic program to succeed without it. I don’t know how you’d identify talent,’ Evans said. ‘Most American kids that’ve been throwing a 1.6 (kilogram) discus in high school aren’t just going to start throwing the (Olympic) 2 (kg discus) 65 meters.’

Cutting in the wrong place

Power Four athletic directors who’ve been outspoken about revenue sharing threatening the subsidy of non-revenue sports haven’t been so quick to discuss the money that could be saved by curbing the spiraling cost of coaches’ salaries, or by scrapping plans for opulent facility upgrades. Per USA TODAY Sports research, 36 FBS football coaches earned total pay of $5 million or more in 2023-24, and the buyouts on many of their contracts are in the tens of millions. When Texas A&M fired football coach Jimbo Fisher last November, it infamously had to pay him more than $77 million to buy out his contract.

Berri, as an expert in sports economics, doesn’t believe the House settlement makes the termination of non-revenue sports a necessary measure for athletic directors.

‘Athletics relative to the overall university budgets at these schools is very, very small. But the athletic directors understand their job depends on the success of what the boosters and donors are focusing on, which is football and men’s basketball,’ Berri said. ‘So there’s always been pressure on athletic directors to funnel money out of other sports and into football and men’s basketball because their job depends on it. You end up with these bizarre scenarios, like the University of Cincinnati during COVID cut their men’s soccer program and said ‘We just can’t afford this.’ Then you look up the expense data, and it cost you $500,000. You had the money. That’s one football coach. An assistant coach.’

House plaintiffs would agree.

NCAA attorneys made the subject of non-revenue sports subsidies part of their case against revenue sharing, suggesting that funding for those sports could suffer as a result. Plaintiffs took aim at this notion in court filings, calling that position ‘legally and factually invalid,’ per the House complaint, and noted that those subsidies are ‘tiny compared to the vast revenues generated by FBS football and Division I basketball.’

Meanwhile, the NCAA is desperate for Congressional intervention to protect its member schools with federal law that would establish guidelines for compensating athletes and make it less vulnerable to litigation. Olympic success by NCAA athletes can only help that cause, so the NCAA is promoting the connection between its sports programs and the Paris Olympics on social media and elsewhere. It has flooded its X platform with daily updates from the Paris Games over the last two weeks, branding its place in Olympic success with the hashtag #OlympiansMadeHere.

The Stanford standard

A lot of Olympic eyes are on Bernard Muir.

The Stanford AD, entering his 13th year in the role, has more at stake when it comes to revenue sharing and how it can be managed at a power conference school. That’s because Stanford is historically the NCAA’s standard-bearer for institutional support of Olympic sports.

The Cardinal athletic department houses 36 scholarship programs, tied with Ohio State for the most of any school, serving about 900 athletes who represent 13 percent of undergraduate enrollment. Stanford has won the NACDA Director’s Cup, a Waterford crystal trophy awarded for overall success across all NCAA championship sports, 26 times in the 30 years the prize has existed. The Paris Games include 60 Stanford-affiliated athletes, 37 of them competing for Team USA, the most of any school by far.

‘We’re America’s leading Olympic producer, we take great pride in that,’ Muir said. ‘Now, in light of what’s coming down the pike, especially with the House settlement, we’re trying to thread a fine needle here to see how we can continue our Olympic prowess, then also compete in the revenue sports as well. So that’s really a challenge for all of us across the country.’

If Stanford were a country, its 27 medals as of Thursday morning would be tied with Italy and South Korea for seventh place in the medal count. One of those medalists is former Stanford artistic swimmer Jacklyn Luu, who earned silver when Team USA took second place in its acrobatic routine Wednesday. Luu is a strong believer in the relationship between college artistic swimming, which is only offered by a few schools at the varsity level, and the U.S. Olympic program.

‘Before, the previous U.S. team average age was like high school level, but our average age now is like 22, 23,’ Luu said. ‘Several athletes like me have come back from college to join the national team because we believe in what this program has to offer.’

Luu competed in artistic swimming at Stanford under the cloud of possible discontinuation. Artistic swimming was one of 11 Cardinal sports that were slated for termination after the 2020-21 academic year due to the financial impact of COVID-19. A flurry of 11th-hour alumni support, including endowments, prevented what would have been a cut from 36 sports to 25.

Now, the House settlement threatens to put a different kind of challenge on Muir’s plate. That doesn’t make him different from any other athletic director, but because of Stanford’s Olympic success, the spotlight on the Cardinal will be a bit brighter.

‘It’s a daily evaluation for us, trying to identify how we can save dollars,’ Muir said. ‘This is important to the fabric of the place.’

Variables in House vs NCAA impact

Which Olympic sports are at the gravest risk is a highly nuanced topic, and the ramifications of the proposed revenue sharing will vary wildly from school to school, and from sport to sport. Net cost will undoubtedly be a driving factor in whether and which non-revenue sports are evaluated for discontinuation, as some lose more money than others.

Team USA men’s volleyball coach John Speraw, also the coach at UCLA, said a men’s volleyball budget is ‘dirt cheap’ compared to many other non-revenue sports. He’s been to the Olympics five times as a coach, twice as an assistant and three times as head coach, and has coached NCAA men’s volleyball for 22 years. He described NCAA volleyball as the backbone of the Olympic program. Speraw recognizes revenue-sharing as an existential threat to the sport, but said he doesn’t begrudge college football players getting their slice of the revenue pie.

‘They’re creating an incredible amount of revenue that’s allowed all these other sports to be possible, and they should get a piece of that,’ Speraw said. ‘That makes sense to me. I just hope there’s some level of balance in the decisions that have to be made.’

The outlook isn’t quite so bleak for Olympic sports like fencing and rowing. Team USA qualifiers in those sports include a heavy contingent from the Ivy League, which is an outlier where revenue-sharing is concerned. Ivy League schools don’t offer athletic scholarships, and won’t be subject to House impact like power conference schools. Power Four conferences row too, however, even though men’s rowing, unlike women’s, is not an NCAA championship sport. Nevertheless, University of Washington and U.S. Olympic men’s rowing coach Michael Callahan sees his sport’s role in Olympic development much like Speraw sees college volleyball.

‘If rowing were to be lost in intercollegiate athletics, it would be a complete paradigm shift in how we prepare athletes to go to the Olympics,’ Callahan said. ‘It would have to be a regional, club-based model.’

Possibly, the sports that are offered at only a few schools, like men’s gymnastics, will rally support much like preservation efforts for endangered species. That would only require resolve from the few athletic departments that offer those sports, as opposed to a broader, NCAA-wide commitment.

There is also irony in the position athletic directors find themselves in, because the wave of power conference realignment will make non-revenue sports significantly more expensive. The Big Ten, once geographically confined mostly to the Midwest, has now expanded with four schools on the West Coast and two on the East Coast. The Atlantic Coast Conference, with the new additions of Cal, Stanford and SMU, is now Atlantic in name only. Those expansions were football-revenue driven, but will bloat the cost of traveling non-revenue teams from coast to coast.

Making them more ripe to cut.

And all the harder to develop the next Andrew Evans.

USA TODAY’s Lindsay Schnell and Nancy Armour contributed to this report.

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