• @Knock_Knock_Lemmy_In
    link
    English
    -11 month ago

    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.

    • Todd Bonzalez
      link
      fedilink
      English
      2
      edit-2
      1 month ago

      That’s a pathetically tiny amount of capital for a state.

      • @Knock_Knock_Lemmy_In
        link
        English
        -11 month ago

        You are asking about the total benefits of sending athletes to the Olympics, not the statistical weighing of gold medals in a regression model.

    • Flying SquidM
      link
      English
      21 month ago

      Please do provide actual evidence for that claim. Specifically for a gold medal in women’s boxing.

      • @Knock_Knock_Lemmy_In
        link
        English
        -21 month ago

        I found that statistic on Bing. You can too.

        I’m not specifically discussing women’s boxing.

        • Flying SquidM
          link
          English
          11 month ago

          Yes, you can find all kinds of fake statistics on Bing. That’s how the internet works. Let’s see the source of yours.