LA Officially Named Host Of 2028 Summer Olympics

Paris Los Angeles confirmed as Olympic hosts

Although little drama appears to be left in the announcement, Los Angeles is expected to be officially named Wednesday host of the 2028 Summer Olympics Wednesday following a meeting of the International Olympic Committee in Lima, Peru.

The historic compromise sees both cities join London as three-time hosts of the summer Games, with Paris getting its wish to go first and celebrate the 100th anniversary of its last Olympics in 1924. "At such a time, the IOC will take advantage of the stability for the next 11 years", was commended in the preamble the president of the global Committee Thomas Bach.

"This is a win-win-win situation for Paris, Los Angeles and the entire Olympic Movement", said IOC President Thomas Bach.

"I'm happy to share the final episode of "What's Not in the Bid Book", said LA 2028 Chairman Casey Wasserman".

The Californian city wanted the earlier Games because of its readiness to host while Paris said its prospective site for the Games would not be available for redevelopment after 2024. This paved the way for Paris as the sole 2024 bidder to win the Games unopposed.

Later, Paris mayor Anne Hidalgo stood by Bach's side and dabbed away tears as the vote was announced and the International Olympic Committee president handed the traditional - but now unneeded - cards to she and LA mayor Eric Garcetti.

As the cost of hosting an Olympic Games, particularly the larger summer version, continues to spiral upwards, cities are no longer queuing up for the right to play host.

Paris, with a total Games budget of 6.8 billion euros ($8.09 billion), had failed with previous attempts to land the 1992, 2008 and 2012 Olympics.

LA 2028, the renamed committee leading the city's bid, had proposed a balanced budget of $5.3 billion for '24 by utilizing existing venues and not building any new permanent structures just for the Games.

"I want to thank the people of my city, the Angelenos who have believed in the Olympics for over a century", Garcetti said then.

With a backdrop of breathtaking scenery their conversation turns to the future as they imagine ways in which LA 2028 can create new historic moments with a new generation of athletes and fans.

That same commission offered further assessment of a Los Angeles bid this week, finding the chance to host the Games there in 2028 "would far outweigh the potential risk of awarding the Games 11 years in advance instead of seven years".

Today's vote took place during a tumultuous session for the International Olympic Committee, which is facing separate bid scandals involving 2016 Rio de Janeiro and 2020 Tokyo.

L.A. hosted the 1984 Games.