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2021 Tokyo Olympics Takes Financial Toll On Host City

The blue, yellow, black, green, and red Olympic rings sit suspended in the air against a blue sky.
Kyle Dias
The 2021 Tokyo Olympics start on July 23, but a mixture of pandemic struggles and extreme spending have made it one of the most expensive in history.

Few Olympic host cities have come out the other side of the Games and made a profit. Why do so many communities keep volunteering when so many have lost money?

With an original bid budget of $7.5 billion that was soon raised to $15.4 billion, experts say that the final bill for the 2021 Tokyo Olympics could reach as high as $26 billion.

The 2021 Olympics, which have been fraught with issues since their unveiling, are slated to be the most expensive Summer Games ever. With this in mind, could Kansas City ever host an Olympics?

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Trevor Grandin is a contributing producer for KCUR Studios.
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