Los Angeles’ Olympic dream drew closer than ever this week as the Los Angeles Olympic and Paralympic bid committee, in cooperation with the International Olympic Committee (IOC), announced their intention for Los Angeles to host the Olympic Games and Paralympic Games 2028 and their agreement with the Host City Contract 2028.
LA bid leaders made the historic announcement alongside Olympians, Paralympians and the US Women’s National Soccer Team at StubHub Center’s state-of-the-art soccer stadium, LA 2028’s proposed venue for Olympic rugby and modern pentathlon.
“This is an historic day for Los Angeles, for the United States and for the Olympic and Paralympic Movements around the world,” said Los Angeles Mayor Eric Garcetti.
“Today, we take a major step toward bringing the Games back to our city for the first time in a generation and begin a new chapter in Los Angeles’ timeless Olympic story.”
Under the terms of the Host City Contract 2028, the IOC will advance funds to a Los Angeles Organizing Committee in view of the longer planning period and to increase participation and access to youth sports programs in the City of Los Angeles in the years leading up to the Games. The IOC contribution as stipulated by the HCC is $1.8 billion and has the potential to exceed $2 billion according to the evaluation of the L.A. bid committee when taking into account the estimated value of existing sponsor agreements to be renewed and potential new marketing deals.
“This agreement with the IOC will allow us to seed a legacy of hope and opportunity that will lift up every community in Los Angeles– not in 11 years’ time, but starting now and continuing in the years leading up to the Games. LA 2028 will kick-start our drive to make LA the healthiest city in America, by making youth sports more affordable and accessible than ever before,” said Garcetti.
Discussions about the unprecedented simultaneous election of the 2024 and 2028 Games were initiated between IOC President Thomas Bach, Los Angeles 2024 and Paris 2024 delegations, including their respective mayors Eric Garcetti and Anne Hidalgo at the SportAccord Convention in Aarhus, Denmark in April. Today`s announcement follows IOC Members’ unanimous approval at the July 2017 Extraordinary IOC Session in Lausanne, Switzerland for the simultaneous election of the host cities of the Olympic Games 2024 and 2028.
“Los Angeles will help ensure that the Games are sustainable and relevant for future generations, with the IOC’s Olympic Agenda 2020 reforms as our guiding principle, a ’no-surprises’ Games plan and the enthusiastic support of the people of LA,” said LA 2028 Chairman Casey Wasserman.
“Two great world cities in LA and Paris have developed two very different but outstanding plans. Thanks to the IOC’s courage and vision in creating a mechanism for this unprecedented dual award, both cities now stand together ready to serve the Olympic and Paralympic Movements for more than a decade.”
Show your support for LA 2028 at LA City Council Committee Meeting
This Friday, August 4 the Los Angeles City Council Ad Hoc Olympic Committee will meet to consider the new LA 2028 Olympic and Paralympic bid.
Friday, August 4, 8:30AM – 10:00AM – LA City Council Ad Hoc Meeting
Van Nuys City Hall
14410 Sylvan Street (corner of Sylvan St. and Sylmar Ave.)
Van Nuys, CA 91401
Arrival: 8:00am (proceed to outdoor courtyard behind City Hall)
Parking: Public parking is available in the Civic Center lot underneath City Hall. Enter on Sylmar Avenue. Lot is cash only with an $8 maximum.
Additional parking at Friar & Sylmar Parking Garage, 14401 Friar Street , Van Nuys, CA 91401