5:36 AM PT -- 3/24 -- Shinzo Abe -- the Prime Minister of Japan -- has reached an agreement with the IOC to postpone the Games to Summer 2021, the first time EVER the Games will be postponed.
Abe spoke with IOC President Thomas Bach and proposed the postponement.
Abe confirmed the news with reporters early Tuesday morning.
The 2020 Tokyo Olympics will NOT go down as scheduled on July 24, an IOC official just announced.
International's Olympic Committee member Dick Pound says that they have officially decided to postpone the games .