The Sun Has Set: Norway’s National Cross-Country Team Experiences Deep Financial Cuts
Peter MindeMarch 31, 2020
On Tuesday morning, the Norwegian Ski Federation (NSF) and announced a new sponsorship agreement, set to begin on 1 May. Sparebank will remain the federation’s title sponsor for 10 million kroner, approximately US $950,000. It’s a two-year agreement with an option for a three-year extension. The amount is a reduction from the 15 million kroner (US $1,416,750) in the previous contract. The new deal comes at a time of uncertainty as global economies sputter...