this post was submitted on 09 Aug 2024
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[–] Knock_Knock_Lemmy_In -1 points 1 month ago (2 children)

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.

[–] FlyingSquid 2 points 1 month ago (1 children)

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

[–] Knock_Knock_Lemmy_In -2 points 1 month ago (1 children)

I found that statistic on Bing. You can too.

I'm not specifically discussing women's boxing.

[–] FlyingSquid 1 points 1 month ago (1 children)

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

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago) (1 children)

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

[–] Knock_Knock_Lemmy_In -1 points 1 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.