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Paris gets 2024 Olympics, LA to host 2028

Paris gets 2024 Olympics, LA to host 2028”

Los Angeles sets its sights on 2028, paving the way for Paris to host the 2024 Summer Games.

It means Discovery, owner of the continent's official Olympic broadcaster Eurosport, will be able to promote a Games on their own continent.

Mayor Garcetti said the planning committee estimates the Los Angeles games will cost $5.3 billion, which will be funded by the International Olympic Committee, local sponsorships, ticket sales and federal support for security. "This agreement with the International Olympic Committee will allow us to seed a legacy of hope and opportunity that will lift up every community in Los Angeles - not in 11 years' time, but starting now and continuing in the years leading up to the Games".

The cities were the only two candidates remaining in a 2024 race which originally featured five potential hosts, with IOC President Thomas Bach masterminding a deal which will now see both given a Games each. Paris is the only city left to host the 2024 Games.

L.A.'s deal could end with the city getting $2 billion or more from the IOC.

The IOC will also advance $180 million to LA organisers to lessen the impact of the longer lead-up time, money that normally would not be disbursed until closer to the Games kickoff.

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The deal will bring the Games back to Los Angeles for a third time, after the city hosted in 1932 and 1984.

L.A. City Council President Herb Wesson said he hopes the deal gets the required approval from the council's ad hoc committee on the Olympic bid and then the full council in the next week.

A Loyola Marymount University poll of 600 Angelenos - funded partly by the LA24 Committee - found 83 percent want host the '28 Olympics.

"I am confident that the Summer Games in Los Angeles will exemplify both the Olympic ideal and the American spirit, and we look forward to hosting them", Trump said in a statement after the announcement. The IOC vote is scheduled for September, in Lima, Peru.

The lack of political unity for a bid in Hamburg was mirrored in Rome and Budapest as support for bids waned among local authorities and the population. "Today, we are at the finish line". "But I was anxious about the traffic when I first heard LA was running for the 2024 Games", Annie Carter, a local resident told Xinhua, emphasizing she was really anxious it would take her one more hour to commute during the Olympics.

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