Complex sentence: At the 2016 Olympics trials the team of Ipsen and Dumais came in second in the 3m springboard synchronized event and as there was only one spot on the Olympic squad in the event they did not qualify.
Split into simpler sentences: At the 2016 Olympics trials, the team of Ipsen and Dumais came in second in the 3m springboard synchronized event. As there was only one spot on the Olympic squad in the event they did not qualify.