Washington is reducing its overall athletic department operating budget by 15% for the 2020-21 fiscal year, and the school’s head coaches will take a minimum 5% pay cut.
Tokyo organizers are trying to cut spending, under pressure from the IOC, which has been widely criticized for pushing host cities to build "white elephant" venues.
The price of the opening and closing ceremony for the 2020 Tokyo Olympics has risen about 40 percent. Muto said the privately funded operating budget of 600 billion yen.
The 2020 Tokyo Olympics is just two years away and the only bigger than the games coming to Japan is the cost of the project that has sky-rocketed four fold.