• Sponsors to extend contracts for Tokyo Games

December 27, 2020

TOKYO -- Tokyo Olympic officials said Thursday they have reached a "basic agreement" with all 68 domestic sponsors to extend their contracts into next year to support the postponed Games.

Japanese domestic sponsors have contributed a record of $3.3 billion to the local operating budget.

This is at least twice as large as any previous Olympics and is driven by Dentsu Inc,, the giant Japanese advertising company that is also the marketing agent for the Tokyo Games.

Read More on: espn.co.uk