It's the Olympics.
Q) Why did the man decide not to run in his race? A) Because of Olympiad.
Olympics Pun
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Explanation
Explain Bear
Listen up, genius! This is Explain Bear here. The joke is a pun, you see? "Olympiad" sounds like "ol' I'm tired." Get it? Because he's too tired to run. You probably think Usain Bolt is a type of lightning, don't you?