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Tokyo Organizing Committee Says Postponing Olympics Will Cost $3B

The expense will be split among the organizing committee, the city of Tokyo and the Japanese government.

Tokyo Organizing Committee Says Postponing Olympics Will Cost $3B
Eugene Hoshiko / AP
SMS

The organizing committee for the 2020 Tokyo Olympics says postponing the games will cost nearly $3 billion. 

That amount will be split among the committee, the city of Tokyo and the Japanese government. 

The Olympics were postponed because of the pandemic. They're now scheduled to begin in July 2021.