Will 2020 Olympics Go Ahead? Japan Faces Multibillion-Dollar Loss If Games Are Canceled On 6/10/21 at 7:51 AM EDT The International Olympic Committee (IOC) and Tokyo 2020 organizers risk losing north of $15 billion should the Olympic Games being called off again, as corporate sponsors are getting cold feet about being associated with the event. In March 2020, the IOC and the Tokyo 2020 organizers postponed the Games by 12 months because of the COVID pandemic. Read more The figure is down from 83 percent a month ago, but remains significant. The public condemnation the IOC could attract should...