Cancelling the 2020 Olympics, Japan made a decision that had countless hidden costs for athletes and many other individuals and businesses.
Opportunity Cost: Winning the 2020 Olympics
First, Doha and Baku were eliminated and then Madrid. Competing against Istanbul in the final vote for the 2020 Summer Olympics, Tokyo won. Here are the IOC voting results: Round 1 Tokyo: 42 Istanbul: 26 Madrid: 26 Round 1 tie-breaker Istanbul: 49 Madrid:…