Los Angeles to Enjoy Global Limelight in 2028 Olympics

olympics

Los Angeles is the host of the 2028 Olympics, says the International Olympics Committee (IOC). The IOC, which in early July 2017, resolved to start announcing the venues of two consecutive Olympics games, said that the 2024 Games would go to Paris while the city of
Los Angeles hosts the 2028 events.

Los Angeles had initially bid for the 2024 games, but the coordinators of the LA'S Olympics have now agreed to allow Paris organize the 2024 international competitions.

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Los Angeles, which was the host to the 1932 and 1984 Summer Olympics will be the place where elite sports men and women will congregate again. LA's mayor, Eric Garcetti, has already been given the news about the successful bid and its all systems go towards ensuring the city has the infrastructure required for the global festivities.

Garcetti said that the LA games might cost $5.3 billion. While the U.S. IOC, ticket sales, and local sponsorships will cover some costs, there are expectations that LA might get federal support in security issues.

"We look forward to giving the whole world an opportunity to showcase sporting talents in our beautiful city, of LA," commented Tony Estanguet, the LA's Olympic team's co-chair.

Trump Congratulates Los Angeles on Winning 2028 Olympics Bid

In a press statement on Monday night, the U.S. president, Donald Trump, sent his congratulations to the government and people Los Angeles.

"I have confidence that the Los Angeles Summer Games will exemplify not only the Olympic ideal but also the American spirit. We shall exhibit the two noble principles as we host the global community on our soil." Trump said.

The award of the 2028 games makes LA the second city to be the home of the worldwide Olympics three times. The City of London is the only other three-time Olympic host.

According to the agreement between LA and the IOC, LA will receive $1.8 billion in 2024. An automobile sponsorship worth $200 million is part of the deal. LA will also get the whole of IOC profits that accrue from the 2028 Olympics Games. Further, the IOC will waive a $50 million fees and provide the LA 2024 team with a five-year loan that is interest-free. The loan will help the local IOC team lay the foundation for the pending worldwide sporting activities.


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