IOC Will Devote $800 Million To Postponed Tokyo Olympics, COVID-19 Costs

Posted by on May 15, 2020 3:14 pm
Categories: US National Stories

"We shall all need to make sacrifices and compromises" to put on the Tokyo 2020 Olympics, IOC President Thomas Bach says, announcing funding to help keep the delayed games on track. The Olympic rings, the Rainbow Bridge and the Tokyo Tower are seen in Tokyo Friday night.

Most of the money will go toward helping the International Olympic Committee mount an Olympics one year later than planned — something it’s never done before.

(Image credit: Charly Triballeau/AFP via Getty Images)

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