Is LA leaving France to Host the 2028 Olympics?

The battle between Los Angeles and France for the 2024 Summer Olympics seems to have ended, with France still peering through the dust for signs of victory. According to an ambiguous statement from Casey Wasserman, the leader of LA’s bid for the 2024 Summer games, the American city seems to be changing its strategy to focusing on as 2028 bid to host the Summer Olympics.
He stated the following: “To be blunt, LA 2024 has never been only about LA or 2024, stating that “Even when the issue of a dual award for 2024 and 2028 Games was initially raised, we didn’t say it’s ‘LA first’ or its ‘now or never.’”
This seemed to imply that LA was content with hosting the 2028 games, conceding the 2024 games to France.This seemed to indicated a shift of strategy towards focusing on 2028.
The International Olympic Committee plans to announce the winner on Friday.
A different spokesperson for the 2024 bid, however, gave a different interpretation of Wasserman’s statement, stating: “LA has not conceded 2024.” The spokesperson then went on to cite “a firm belief” that LA would be the most reasonable pick for hosting the 2024 games.
On the other hand, many cities find the prospect of hosting the Olympics more of a chore than an honor. Hosting such games can be extremely expensive, including the added costs of redundant venues. A number of cities have given up on the bidding process already, including Boston, Budapest, Rome, and Hamburg. A great deal of this came from the population of these cities expressing concern that hosting the Olympics would riddle their area with debts and cause turmoil and chaos.
According to David Forrest, a professor of economics at the University of Liverpool, hosting an Olympic games can often be economically devastating to a country. He stated “there is an absolute consensus among sports economists that it is economically damaging the host the Games.” He attributes any claims to the contrary as the product of political interests, claiming this research is “paid by politicians to validate their vanity projects.”
Now that the bid is between two parties, and the loser will host the 2028 Olympics, LA and France will both become, alongside London, the only places to host the Summer Games on three occasions. LA previously hosted the Olympics in 1932 and 1984, and Paris hosted them twice in 1900 and 1924.

https://www.theguardian.com/sport/2017/jun/07/los-angeles-paris-summer-o...

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