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Possible Olympics Deal Would Give Both L.A. And Paris The Games: One In 2024 And One In 2028 [Updated]
Photo via LA2024/Instagram
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Paris and L.A., the remaining two candidates for the 2024 Olympics Games, could both ending up hosting the games, though not necessarily in 2024. It seems that the International Olympic Committee, which is tasked which choosing one of the locales, is so enamored with the candidates that they're considering offering deals to both cities, and awarding the next two consecutive games at once. This would meaning handing the 2024 Games to one city, and the 2028 Games to the other, reports KPCC.
"All options are on the table, and this includes also the `24-'28 procedure and vote," International Olympic Committee president Thomas Bach said ahead of the group’s September decision, notes the BBC. "We have two excellent candidates from two major Olympic countries. This is a position you like to be in...It will be up to the working group how to best explore, how to best exploit, the positive situation. We should not miss the opportunity to explore this opportunity."
If this deal works out, Paris and L.A. will tie London for the most times hosting (three) the Olympics.
This scenario might be a long shot, however. In early 2017, the U.S. Olympic Committee released documents that stated, among other things, that it's not down to serve as sloppy seconds, according to the L.A. Times. “The USOC board does not foresee pursuing any bid other than for the 2024 Games,” said the document. The committee also ruled out a bid for the 2026 Winter Games. L.A. took over the American bid for the Olympics in 2015 when Boston pulled out following strong opposition by residents.
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The LA2024 committee is also still pushing hard for getting the games in 2024. "While the IOC has established a working group to consider its options,the bid process remains unchanged and we will continue to focus on why Los Angeles is the right partner for 2024,'' LA2024 Chief Communications Officer Jeff Millman said in a statement today. "We believe the future is now for the Olympic Movement. With 88% public support, and even higher support from young Angelenos, LA 2024 offers an innovative, low-risk and truly sustainable solution to help secure the future of the Olympic Movement in 2024 and beyond."
Earlier this year, the UC Riverside School of Business conducted a study of the 2024 Olympics’ potential economic impact on the region. The report concluded that the games may bring a potential $11.2 billion in output to the local economy.
“There is little doubt that hosting the Olympics is an enormous boost for a local economy—both in the short term as driven by activity surrounding the events themselves, and in the long term given how these events raise the global profile of the region,” Christopher Thornberg, a founding partner of Beacon Economics and director of the UC Riverside School of Business Center for Economic Forecasting and Development, said, notes UCR. “The worry is always that these benefits come at too high a cost, but because Los Angeles already has many of the assets needed for a successful Olympic experience, the upside is far greater than it would be for many other cities who would be hosting for the first time.”
According to KPCC, Paris and Los Angeles will make their formal bids to the IOC during the group’s next meeting on July 9-12 in Lausanne, Switzerland.
An earlier version of this story incorrectly stated that the IOC deal would favor giving Paris the 2024 Games and L.A. the 2028 games.
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