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Why Is It Called The 2020 Tokyo Olympics And Not The 2021 Tokyo Olympics?

Why is it called the 2020 Tokyo Olympics and not the 2021 Tokyo Olympics?



What is the reason?


There are two main reasons: to save money; to maintain tradition.


1. Save money


At present, the Olympics is basically a business that loses money and earns praise. Many countries have not recovered the cost of hosting the Olympics. What's more, due to the epidemic, most games of the Olympics are watched without spectators, and there is no major item of ticket revenue. .


It is reported that Japan has already budgeted as high as 12.6 billion U.S. dollars to prepare for the Olympic Games this time, but the actual expenditure may have to be doubled. At present, the construction of Tokyo Olympic venues, Olympic consumption venues, a large number of related banners, billboards, flags, signs, etc. are all named after the 2020 Tokyo Olympics. Once the official name and LOGO of the Olympic Games are changed, it means a lot of materials. If it needs to be modified or even re-produced, it will undoubtedly "kick the whole body", and it will have a great impact on the production of peripheral products and all aspects of the infrastructure construction of the Olympic Games.


Moreover, 18% of the revenue of the Tokyo Olympics comes from sponsors, and the retention of the 2020 Tokyo Olympics is also to avoid contract disputes. "Tokyo 2020" has applied for patents and franchise rights, and the word "Tokyo 2020" on the sponsorship contract also appears as a whole. Therefore, if 2020 is changed to 2021, it will not only involve replacing a zero with a zero. 1. It means countless contracts that need to be modified and re-signed. There is a huge cost and unpredictability hidden in this. The postponement of the Olympic Games has already caused a lot of trouble for all parties. There are already a large number of contract terms that need to be revised. Of course, the trouble will be saved if it can be saved.


2. Keep the tradition


Since the first Olympic Games were held in 1896, they have been held every four years. In the history of the Olympic Games, only the Berlin Olympic Games in 1916, the Tokyo Olympic Games in 1940 and the London Olympic Games in 1944 were suspended due to war. There is no precedent for postponing the Olympics. The Tokyo Olympics is the only Olympic Games held in odd years in 125 years. However, in order to maintain the formation and not break the tradition, it is the right decision to retain the term "2020 Olympics". The Tokyo Olympic Games, which was originally scheduled to be held from July 24 to August 9, 2020, local time, has been postponed for the first time in history.

Olympics 2021


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