Here's why Paris is one of the cheapest Olympics

While the Olympics are arguably the biggest event in global sports, they come with a hefty price tag. Since 1960, every host city for the Games overspent their budget by building new venues like Olympic villages and public infrastructure. In contrast, the 2024 Paris Summer Games are set to become one of the cheapest in modern history. The total budget for the 2024 Olympics is an estimated $9.7 billion, with 95 percent of the necessary venues already built.