What do you think about $380m for noping out of the Commonwealth Games - eviltoast
Victoria to pay $380m compensation for cancelling 2026 Commonwealth Games
www.abc.net.au
The State of Victoria has agreed to pay the Commonwealth Games parties $380 million in compensation after pulling out of the 2026 regional event.

Part of me is inclined to say might as well keep going with the games, but then I think sunk cost fallacy.

Does anyone even care about the commonwealth games?

  • Zagorath@aussie.zoneEnglish
    6·
    1 year ago

    It’s quite simple. They signed a contract with the Commonwealth Games Federation. Now they want to back out of that contract. Backing out of a contract usually means incurring some sort of penalty.