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  • Eric Gwon

2021 Summer Olympics Update

Every four years, people and athletes worldwide wait for this huge event called the Olympics. The Olympic Games, which originated in ancient Greece as many as 3,000 years ago, were revived in the late 19th century and have become the world's preeminent sporting competition. The first modern Olympics took place in 1896 in Athens and featured 280 participants from 13 nations, competing in 43 events.

The 2020 Olympics was supposed to be held in Tokyo, Japan. However, due to the Corona-Virus, the Tokyo 2020 Olympic Games were postponed. Due to this problem, many athletes were affected by financial issues, the time they spent training, and age problems for some athletes. IOC (International Olympic Committee) stated, “The leaders agreed that the Olympic Games in Tokyo could stand as a beacon of hope to the world during these troubled times and that the Olympic flame could become the light at the end of the tunnel in which the world finds itself at present.” In addition to the impact on the athletes whose lives have now been upended by the decision, the financial impact will be staggering. The organizers of Tokyo 2020 estimated the cost to be roughly $12.6 billion, while other experts have put that figure closer to $25 billion. The delay will also impact the billions spent by sponsors and broadcasters.

Will the 2021 Tokyo Olympics go ahead? The International Olympic Committee remains committed to the tournament going forward as planned without being delayed another year. However, President Thomas Bach of the International Olympic Committee admitted that the event would primarily be played behind closed doors to ensure fans' safety and the athletes.

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