August 4 2024-Are the Olympics Worth the Cost for Host Cities & How Olympics Will Impact Upcoming Tennis Tournament in Toronto

Billions of people around the world are watching the Summer olympics in Paris. There’s no question the spectacle is entertaining and sometimes uplifting. But Sports Economist and senior lecturer Moshe Lander argues the games and similar events like the World cup do not deliver the benefits they promise to the locals who foot the bill.

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We’ve been talking about the perils of hosting a big international event like the Olympics. How does it compare to smaller annual events like the National bank Open Tennis set to start next week? The experts say those can make money and benefit the local economy because they come back to the same venue year after year. I talked with Tennis Canada CEO Gavin Ziv.