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this post was submitted on 09 Aug 2024
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It's estimated that the value of a gold medal is around $1 million in terms of economic impact, considering factors like increased tourism, sponsorship, and national pride.
Please do provide actual evidence for that claim. Specifically for a gold medal in women's boxing.
I found that statistic on Bing. You can too.
I'm not specifically discussing women's boxing.
Yes, you can find all kinds of fake statistics on Bing. That's how the internet works. Let's see the source of yours.
That's a pathetically tiny amount of capital for a state.
You are asking about the total benefits of sending athletes to the Olympics, not the statistical weighing of gold medals in a regression model.