WADA seeks TV rights tax to help pay for anti-doping fight (Reuters)

(Reuters) – A tax on television rights holders and contributions from sponsors could provide new revenue streams for the cash-strapped World Anti-Doping Agency (WADA) as it looks to fund the fight against performance-enhancing drugs in sport. With doping scandals dominating sporting headlines ahead of the Rio Olympics, WADA president Craig Reedie appealed to those who make money from sport to “dig deeper” and do their part to clean it up. Speaking in an op-ed article posted on the WADA website on Monday, Reedie floated the idea of 0.5 percent tax on worldwide sporting media rights he estimated at $35 billion that would contribute $175 million a year to the organization’s war chest.