this post was submitted on 12 Aug 2024
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Cost of running the Olympics (journals.sagepub.com)
submitted 5 months ago* (last edited 5 months ago) by Blaze@sopuli.xyz to c/dataisbeautiful@mander.xyz
 

https://journals.sagepub.com/doi/10.1177/0308518X221098741#:~:text=The%20average%20return%2Don%2Dinves

Los Angeles was able to have a surplus as most of the infrastructure was already built before the Games.

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[โ€“] Blaze@sopuli.xyz 5 points 5 months ago* (last edited 5 months ago)

Surplus/deficit of Olympic Games and World Cups, 1964โ€“2018 (all values in USD2018). Notes: See Figure 2.

Not sure why you would want to convert to local money, the OG are a global event, announcers and TV rights aren't going to pay less because the local cost of living is lower