Los Angeles named U.S. bid candidate for 2024 Olympic Games
Sports
Los Angeles named U.S. bid candidate for 2024 Olympic Games
Los Angeles was selected on Tuesday as the American candidate city that will bid to host the 2024 Summer Olympics after Boston pulled out of the race in July, the United States Olympic Committee (USOC) said. Los Angeles, which has hosted the Summer Games twice before in 1932 and 1984, joins a race that includes Paris, Rome, Budapest and Hamburg. The final obstacle facing the city’s candidacy was cleared earlier Tuesday when the Los Angeles City Council voted unanimously to pursue a bid for the 2024 Games, giving Los Angeles the chance to become the only city besides London to host the Olympics three times.
This is the engagement, not the wedding.
L.A. City Council President Herb Wesson
Over the years, the Olympics have been notorious for cost overruns, and studies have questioned if host cities benefit economically. Russia has been struggling with costs from the 2014 Sochi Olympics, which have been called the most expensive Olympics of all time. Many financial details of the Los Angeles plan remain vague. City analysts last week said they didn’t have enough information to verify the overall 2024 budget or determine the financial risk. The IOC had set a Sept. 15 deadline for cities to enter the race for the 2024 Games. The U.S. hasn’t hosted the Summer Games since 1996 in Atlanta.
