U.S. Olympic orgs to lose more than $120M in revenue, data shows
March 30, 2020
The postponement of the Tokyo Games has catapulted the sports organizations that make up the backbone of the U.S. Olympic team into crisis. At least one has already started layoffs, and others are desperate to stay solvent. Some are expecting a major downturn in membership dues, and others are reeling from event cancellations totaling more than 8,000 across all sports. Read more on ESPN.