We will examine whether the Tokyo 2020 Olympics were a success from an economic perspective. Most of the Olympic revenue comes from sponsorship money and broadcasting rights fees, but what is noteworthy about the Tokyo 2020 Olympics is that the amount of “local sponsorship” other than the “TOP program” of sponsorship money has become huge. This is a right that the organizing committee of the venue can exercise independently within the venue. This system was the trigger for the Tokyo Olympics corruption.

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