The U.S. Olympic & Paralympic Committee told Congress that America’s amateur sports organizations stand to lose as much as $800 million from coronavirus-driven cancellations
The U.S. Olympic & Paralympic Committee told Congress that America’s amateur sports organizations stand to lose as much as $800 million from coronavirus-driven cancellations, including the postponement of the 2020 Tokyo Games until next year.
The estimate was made by USOPC’s leaders in an email sent to lawmakers late last week seeking federal relief as part of a wide-ranging congressional stimulus spending package. It does not include any losses that the USOPC could suffer because of the delay.
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