Olympics: 2020 organizers set 300,000 yen cap for ticket prices: source

The organizing committee of the 2020 Tokyo Olympic and Paralympic Games plans to cap ticket prices at 300,000 yen ($2,720) while setting a minimum ticket price of 2,000 yen ($18), sources familiar with the matter said late Monday evening.According to the sources, the highest-priced tickets are for the Olympic Games opening ceremony. The most expensive ticket for a sporting event is expected to be 130,000 yen ($1,180) for athletics.The prices will be officially released after approval by the International Olympic Committee Executive Board in July.According to the initial plan, the cap was ex…READ FULL ARTICLE