The localorganizing committee for the games did not immediately respond to requests for comment.
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This image goes against our beliefs and our values, the localorganizing committee Rio 2016 said in a statement.
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The localorganizing committee was unable to find a title sponsor, who would have been expected to put up $1 million.
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At a typical summer Games, more than 70 percent of tickets are held for local fans and sold by the localorganizing committee.
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The organisers says after assessing the minimal damage left by the storm, Sarasota County officials have granted the localorganizing committee access to continue operations.