Los Angeles close to being U.S. candidate to host 2024 Summer Olympics
Listen to this articleThe Los Angeles Times reported that the City of Angels has become the leading candidate to be the U.S. bid to host the 2024 Summer Olympics.
What does that mean? Los Angeles isn’t even the U.S. bid yet, although Mayor Eric Garcetti says the bid looks like its the city’s for the taking. If L.A. becomes the U.S. bidder, then it will compete with other cities and countries.
The cost, according to the mayor, will be about $4 billion dollars, plus a contingency fund of about $400 million. Part of the deal also includes the city agreeing to foot the bill for any cost over-runs, which could also be in the billions.
One of the talking points for L.A. hosting the 2024 Olympics is that there won’t be a need to build as many new facilities. Many of the 1984 Olympic venues can still be used, as well as the L.A. Coliseum, which has hosted the 1932 and 1984 games. The historical significance of that simply cannot be ignored.
Those old enough to remember 1984 will recall that many of the Soviet-bloc nations boycotted the games after the U.S. boycotted the 1980 games in Moscow, in protest to the Soviet Union invading Afghanistan.
But, 2024 is nine years away and the U.S. isn’t even confirmed as the U.S. bidder yet, so don’t start making plans just yet. The International Olympic Committee (IOC) will make a decision on the 2024 host city by mid-September.
If they choose L.A., polish up your sailing shoes, because the international media will start setting up shop here almost immediately.
Think of the traffic …
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