ELI5 Olympic Games - why most games are money losers?

What this episode covers

Why are all the Olympic Games money losers except the famous Los Angeles event in 1984? What did LA do differently? How does funding for the Olympics work? Why doesn't the IOC just buy an island to host the Olympics there every 4 years? Do Olympic athletes have a McDonalds in the village? ... We explain like i'm five! Thank you to the r/explainlikeimfive community and in particular the following users whose questions and comments formed the basis of this discussion: businessowl, supreme_101, ahawks, cromulentembiggener, wolfthawra, bryan_sensei and ceatsykoopa98 To the ELI5 community that has supported us so far, thanks for all your feedback and comments. Join us on Twitter: https://www.twitter.com/eli5ThePodcast/ or send us an e-mail: [email protected]

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Frequently Asked Questions

How long is this episode of ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast?

This episode is 8 minutes long.

When was this ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast episode published?

This episode was published on July 23, 2021.

What is this episode about?

Why are all the Olympic Games money losers except the famous Los Angeles event in 1984? What did LA do differently? How does funding for the Olympics work? Why doesn't the IOC just buy an island to host the Olympics there every 4 years? Do Olympic...

Can I download this ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast episode?

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