The GIST: In a normal world, we’d be just two months away from the Olympics. But this isn’t a normal world, is it? Instead, we’re looking ahead to summer 2021 and trying to figure out what the heck to expect from the Olympic Games.
What do we know?: On Friday, Olympic organizing committee CEO Toshiro Muto gave an update on the postponed Games and warned us that next summer’s Games will be unlike anything we’ve ever seen...but not in a good way. Muto was vague on details but let us know that the 2020 Games will be unconventional. How ominous.
- Muto said the committee is exploring cuts to certain traditional features of the Games, for both cost-saving and health measures. Most cuts have yet to be decided, but he did mention the torch relay as the first victim. They’ll need a lot of cuts to cover the loss incurred from postponing, which is estimated to be between $2 to $6 billion. Seems like losing money is v. on trend these days (isn’t that right, MLB?).
What don’t we know?: A lot. There are still a ton of questions surrounding the Tokyo Olympics, including how many athletes will be able to compete, where they will stay and, most importantly, how everyone will be kept safe and healthy throughout the Games. And let’s not forget, the Beijing Winter Olympic Games are still set to start just six months later, in February 2022 — while very exciting for fans, it could be a logistical nightmare for organizers.
- The other big question: will the Tokyo Olympics even happen? This global pandemic is full of unknowns, so unfortunately there’s still a chance for cancelation. But with a potential loss of tens of billions (yup, that’s a “b”) if it's canceled, you better believe the organizing committee will do its very best to stick to the plan.