IOC Will Devote $800 Million To Postponed Tokyo Olympics, COVID-19 Costs
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.
The International Olympic Committee plans to spend up to $800 million to help cover costs for the postponed Tokyo 2020 Summer Olympics Games and other expenses stemming from the COVID-19 pandemic. So far, the organization is providing few details about how the
