❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

What’s the payoff to hosting the Olympics?

Jul 23, 2021
The Tokyo Olympics is likely to lose money — potentially in the billions. Tokyo won't be the first host city to take that hit.
People take a photo of the Olympic Rings outside the stadium during the opening ceremony of the Tokyo 2020 Olympic Games on July 23, 2021 in Tokyo, Japan.
Lintao Zhang via Getty Images