Many of the world’s best athletes are currently competing in the most expansive and expensive sporting event on the planet: The Olympics. The 2024 Paris Olympics is currently underway, and is set to end on Sunday, August 11. However, it bears little semblance to the first modern Olympics event held in 1896 in Athens both in the infrastructure, scale and variety of events and, more importantly, budget. In the second half of the 20th century, both the costs of hosting and the revenue produced by the Olympics have exploded, sparking controversy…
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