Los Angeles was formally chosen on Monday to host the 2028 Summer Olympics in a deal that virtually assures that the 2024 Summer Games will be held in the rival candidate city of Paris, Olympic officials announced.
Both cities were competing for the 2024 Games after several other candidates withdrew from contention, and the stage was set for Paris to win its bid when the International Olympic Committee (IOC) confirmed that Los Angeles had agreed to the later date of 2028.
“The IOC welcomes this decision of the Los Angeles Olympic and Paralympic Candidature Committee, and we are pleased to release the Host City contract 2028 in a transparent and timely manner,” said IOC President Thomas Bach in a statement.
The IOC said it would make contributions to the Los Angeles organizing committee worth $1.8 billion.
An official designation of Paris for the 2024 Games has yet to be announced. A