Hacker News new | ask | show | jobs
by stevegalla 1922 days ago
> You can’t exactly run a project at a multi billion dollar loss

What is the cost of running the games though?

I assume (with absolutely no evidence) that the costs would be heavily skewed towards facilities setup and infrastructure. That’s a sunk fixed cost.

I’m sure there is a large security and labor cost when the games are going on. I assume this would be a variable cost that would be reduced without spectators.

If the majority of the cost has already been spent and it’s a relatively small (perhaps less than a few hundred million dollars) cost to conduct the games, why not go through with it? Maybe running a limited games could be a compromise?

I suppose all of the Tokyo 2020 merchandise is already written off and useless.

I acknowledge the whole calculus changes with public health and the pandemic. I’m addressing money as the issue.

Anyways I’m a huge fan of all Olympic events, and the Olympics is the only sporting event(s) I watch. I look forward to them when they come, so I’ll definitely be sad if it was all cancelled, and I’m definitely biased.