On the surface, rescheduling the Tokyo Olympics could sound manageable but looking at ticket refunds reveals the gargantuan costs.
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:…
