Over the next two weeks, thousands of athletes will compete in the London Olympics. And it's not just gold they're after, but also green. Sponsorships will earn swimmer Ryan Lochte almost $2 million, Forbes estimates. But even lesser-known athletes have the chance to make a buck.
The U.S. has taken a bit of a nosedive when it comes to winning Olympic medals in diving. Not a single American diver has stood on the medal stand in the past two games. 23-year old David Boudia hopes to change that. Sam Klemet WBAA
The NCAA says it will levy "corrective and punitive measures" against the school over the child sex abuse scandal involving Jerry Sandusky. The move comes the same day Penn State removed the statue of legendary football coach Joe Paterno from outside the football stadium.
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