Los Angeles Officially Gets 2028 Olympics, Paris To Host 2024 Games

10 2017 shows Los Angeles Mayor Eric Garcetti shaking hands with International Olympic Committee President Germany's Thomas Bach during their visit to the Olympic Museum on the eve of their bid presentation bef

Throughout the bidding process, Paris has appeared less likely to be open to hosting the 2028 Games while Los Angeles was reportedly seeking some concessions for waiting the additional four years.

Since April, officials from the LA and Paris bid teams have been in negotiations with International Olympic Committee representatives in an effort to settle on a "tripartite agreement" that would dictate which city goes first, with LA officials seeking certain financial concessions for stepping aside and waiting until 2028. So they made the unprecedented decision to simultaneously award the 2024 and 2028 games to the two cities in contention.

In May, Mr Garcetti said Los Angeles would not be opposed to hosting in 2028, remarking that "an Olympic win is an Olympic win". Garcetti appeared onstage at the International Olympic Committee headquarters in Switzerland moments after the unanimous vote with Paris Mayor Anne Hidalgo to offer members their appreciation. The announcement clears the way for Paris to hold the Olympics in 2024.

Los Angeles has reached a deal to stage the 2028 Olympic and Paralympic Games. L.A. claims it will get the money back - the city did turn a profit off the 1984 Olympics - but historically, cities overestimate how much they will earn from the games and underestimate how much they will spend.

The U.S. Olympic Committee has been trying to bring the Summer Games back to the United States for more than a decade, with failed bids for 2012 with NY and 2016 with Chicago. While hosts of Summer Olympics win more total medals, the average medals won per athlete actually declines - though they do note "this result is not statistically distinguishable from a difference of zero".

The United States gears up for Total Solar Eclipse on 2st August
The total eclipse will begin near Newport, Oregon at 1:16 PM EDT and will end near Charleston, South Carolina at 2:48 PM EDT. Most eclipse maps highlighting the path of totality show a dark circle that represents the umbra.

SBI cuts rate for savings deposit below Rs 1 crore
The move comes ahead of the Reserve Bank of India's ( RBI ) monetary policy meeting scheduled for August 1 and 2. The interest rate offered on those accounts with more than Rs 1 crore balance remains unchanged at 4 percent.

#TransFolksAreNotJokes: Janet Mock Responds to Heinous Transphobic Morning Show Interview
I wish I could say that joking about endings trans lives is a rare thing, but it isn't. They understand I'm not coming from a place of malice.

The IOC said it would make contributions to the Los Angeles organizing committee worth $1.8 billion. Of the last 17 Olympics, only twice has a host country won fewer medals during the host year than the year before it.

IOC President Thomas Bach said "the IOC welcomes this decision of the Los Angeles Olympic and Paralympic bid committee".

The US was "the saviour of the Olympic movement" when it risked financial troubles in the 1980s, Patrick Nally, a sports marketing specialist who was one of the creators of the IOC's The Olympic Partner (TOP) sponsorship programme, told AFP earlier this year.

The IOC will ratify the L.A. -Paris agreement September 13 in Lima, Peru.

Related:

  • $0.17 EPS Expected for Enable Midstream Partners LP (ENBL)

    $0.17 EPS Expected for Enable Midstream Partners LP (ENBL)

    The petroleum products and by-products it collects, transports, stores and markets are produced by oil and gas companies. The stock of Armstrong World Industries Inc (NYSE:AWI) earned "Neutral" rating by Goldman Sachs on Tuesday, October 6.
    ASUS ZenFone 4 Launch Date Revealed: 19th August

    ASUS ZenFone 4 Launch Date Revealed: 19th August

    A new Leakster has also posted a tweet from his official handle featuring the Asus Zenfone 4 Trio in different colors. It isn't clear whether Asus will just reintroduce this phone for other markets or release a similar device.
    Patients at risk from lack of staff, nurses warn

    Patients at risk from lack of staff, nurses warn

    Labour said the announcement offered little for existing low-paid staff with "mounting workloads". So it is possible some of these posts could be filled by training new nurses.
  • IL school funding bill sent to governor

    IL school funding bill sent to governor

    Rauner contends that without the money for Chicago pensions, Collinsville schools could get almost $2.5 million from the state. Senator Andy Manar (D) said Monday it would be the better outcome for negotiations to continue to finalize a deal.
    Baseball Legend Pete Rose Being Accused of Heinous Crime

    Baseball Legend Pete Rose Being Accused of Heinous Crime

    Her sworn testimony goes on to say they continued the relationship for years, and that the sex occurred outside OH as well. The woman claims that her and Rose "began meeting at a house in Cincinnati" and continued doing so across multiple states.
    Opposition parties fail to form consensus on joint candidate

    Opposition parties fail to form consensus on joint candidate

    Shah also criticised Imran Khan, who on Sunday lashed out at PPP supremo Asif Ali Zardari during the party's rally in Islamabad . Qureshi claimed that the opposition parties will take their time to think over the option of rallying behind Rasheed.
  • Republican Senator Threatens to Impeach Trump if He Fires Special Counsel

    Republican Senator Threatens to Impeach Trump if He Fires Special Counsel

    He said firing Mueller "would precipitate a firestorm that would be unprecedented in proportions". And Trump's treatment of Sessions is unprecedented by nearly any measure.
    Minecraft

    Minecraft "Better Together" Update Enters Beta Today

    The Better Together Update is meant to unify the Minecraft gaming experience across the multiple platforms that it now resides on. Instructions on downloading the beta for Xbox One, Windows 10 , and Android can be found on the official website for the game.
    Trump removes Scaramucci as communications director

    Trump removes Scaramucci as communications director

    While Trump is trying to refresh his team, he signaled over the weekend that he does not want to give up the fight on health care. In fact, economic growth averaged 2 percent in the first half of this year, which Trump promised to lift to 3 percent.
  • Crews: 2 approaches to restore North Carolina islands' power

    Crews: 2 approaches to restore North Carolina islands' power

    A sign in Moyock, N.C., warns travelers that access to Hatteras and Ocracoke islands is restricted to residents only on Saturday. Saturday, North Carolina ferries had evacuated about 3,800 people and 1,500 cars from both islands, according to Gov.
    Raiders sign 1st round pick Gareon Conley of Ohio State

    Raiders sign 1st round pick Gareon Conley of Ohio State

    The grand jury will be presented with evidence from the prosecution before deciding if Conley should be criminally charged. Conley signed a four-year contract with the Raiders on Friday and was at training camp Monday.

    Queens Landing Episode 13: Game of Thrones 7×3 "The Queen's Justice"

    Last night's Game of Thrones finally gave us the meeting we've been waiting for since practically the beginning of the series . Fortunately, the white-haired royal agreed to let Snow mine Dragonstone's mountains for White Walker-killing Dragonglass .

Comments

Latest news

Germany Condemns US Sanctions against Russia, Damages Europe
Germany's economy minister has described US sanctions on Russian Federation as illegal and urged the European Union to fight back with aggressive trade policies of its own.

'Harry Potter' author JK Rowling apologizes for spreading false Trump story
Rowling books by Storybook Theatre and watched Quidditch matches at the Hillhurst Sunnyside Community Association park. In a tweet , she said that clip of Trump ignoring the child's outstretched hand has touched her on the raw.

Arsene Wenger: Reiss Nelson not fazed by playing for Arsenal
Wenger described Lacazette's performance as "encouraging" and said: "He suffered a bit from the fact when we were a bit flat". Iwobi came off the bench in the 78th minute in place of Mohamed Elneny who had been deployed in the central defence.

Man In Shock Trauma After Boating Accident in Ocean City
The medical examiner's office in Ocean City will now work to determine how O'Connor died, according to a press release. Police found the body of Ashley O'Connor, 30, at around 6:30 a.m.

Chinese troops intruded into Indian space on July 26 in Chamoli
Officials speaking off the record said such incidents have happened in the past and are best sorted out locally. In 1958, India and China listed Barahoti as a disputed area where neither side would send their troops.

Brazilian Lucas Di Grassi Wins Season 3
After a hectic weekend in Montreal, Audi Sport Abt driver Lucas Di Grassi has won the 2017 Formula E Championship. Felix Rosenqvist was second, securing third in the points, while Jose Maria Lopez was third for DS Virgin Racing.

President Trump reportedly crafted Junior's misleading statement about meeting with Russian lawyer
Trump aides, anxious about the investigation by Special Counsel Robert Mueller , were shocked by the president's strategy. The president directed that Trump Jr.'s statement to the Times describe the meeting as unimportant.

Nationals acquire Brandon Kintzler from the Twins
Kintzler, 32, is 2-2 with a 2.78 ERA and 28 saves, third best in Major League Baseball , in 32 chances in a breakout season. The Nationals hope that Kintzler can bolster their bullpen as they hope to make a deep run in the playoffs.

Amid Carbon Monoxide concerns Austin Police begins process of downsizing its fleet
Miller said law enforcement officers in other jurisdictions have reported suffering from carbon monoxide poisoning. Tifft estimates the repairs made by dealers have cost the state an average of $600 per vehicle.

Former Arizona Sheriff Joe Arpaio Is Convicted of Criminal Contempt
But Arpaio, Bolton concluded, came up with what he described as his backup plan: turn illegal immigrants over to the U.S. However, a court's order trumps that by law and Arpaio has learned this lesson the hard way.

Gas Prices Rise in Florida But Still Below National Average
After climbing three cents in the past week, the national average is now 16 cents more than this time previous year . In Florida, the most expensive gas price average was $2.37 in West Palm Beach-Boca Raton.

Hammond insists United Kingdom will not be a tax haven post-Brexit
Vince Cable said the latest clash "reveals a deep, unbridgeable chasm between the Brexit fundamentalist and the pragmatists". Luxembourg PM Xavier Bettel has warned that Britain could have to pay a Brexit divorce bill of up to £54bn.

Monster Hunter Stories Headed Westward On September 8, Here's A New Trailer
In Monster Hunter Stories , players enter a colorful world and assume the role of a Monster Rider. A demo for the spinoff Monster Hunter game will be available sometime next week.

Starbucks to close down all Teavana locations, impacting 3300 jobs
The coffee giant said last quarter that many of its Teavana stores were a drag on results. For the quarter, Starbucks reported earnings of $691.6 million, or 47 cents per share.

Bayern Munich CEO Karl-Heinz Rummenigge provides update Renato Sanches' future
Mario claimed that he too had been in discussion with Sanches last Thursday after Inter played the Bundesliga giants in the same competition.

Other news