The Olympics are more than fun and games. They’re a billion-dollar business with political overtones

  • 📰 mercnews
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 68%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Olympics are more than just fun and games. They are a giant business that generated $7.6 billion in income for the International Olympic Committee over the latest four-year cycle.

FILE – The Olympic rings are set up at Trocadero plaza that overlooks the Eiffel Tower in Paris, Sept. 14, 2017. The Paris Olympics involve about 10,500 athletes from 200 countries or regions. But the Olympics are more than just fun and games. They are a giant business that generates billions of dollars in income for the International Olympic Committee.

FILE – In this photo taken with a lens with rain drops shows the Olympic rings on Trocadero plaza that overlooks the Eiffel Tower, after the vote in Lima, Peru, awarding the 2024 Games to the French capital, in Paris, France, on Sept. 13, 2017. The Paris Olympics involve about 10,500 athletes from 200 countries or regions. But the Olympics are more than just fun and games. They are a giant business that generates billions of dollars in income for the International Olympic Committee.

FILE – IOC President Thomas Bach speaks to the media at the International Olympic Committee launch of the Olympic AI Agenda at Lee Valley VeloPark in London, April 19, 2024. The Paris Olympics involve about 10,500 athletes from 200 countries or regions. But the Olympics are more than just fun and games. They are a giant business that generates billions of dollars in income for the International Olympic Committee. The Paris Olympics involve about 10,500 athletes from 200 countries or regions.

With rents on the decline, he decided to look for a new place. What could he find in the East Bay for $2,000?

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 88. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Olympics are more than fun and games. They're a billion-dollar business with political overtonesThe Paris Olympics involve about 10,500 athletes from 200 countries or regions. But the Olympics are more than just fun and games.
Source: AP - 🏆 728. / 51 Read more »