Yes? No?

New Zealand Television reported that Russell Coutts has signed a contract
with Larry Ellsion and will become CEO and skipper of the next Oracle
America’s Cup syndicate. Coutts’ spokesman, Bernard Schopfer, told BYM
News "It is not true. There are all sorts of rumours going around,
but they are just rumours. Russell Coutts has not signed with anyone."

Marian Martin / BYM News