LA Reaches Deal to Host 2028 Summer Olympics

Los Angeles will play host to the 2028 Summer Olympics.

The Los Angeles Times reported the city has agreed to a deal with the International Olympic Committee (IOC), citing a source familiar with negotiations

As part of the agreement, Paris is poised to host the Summer Games in 2024.

An official announcement from the IOC is expected later Monday.

Join #LA2024 at PM PT today for a special announcement w/@MayorOfLA and @HerbJWesson!

Watch LIVE  https://t.co/UqKVNTl3jF pic.twitter.com/UuaTtd4KbY

— LA 2024 (@LA2024) July 31, 2017

L.A. had been pursuing the 2024 Olympics but is nonetheless set to host the Games for the third time in less than 100 years.

"An Olympic win is an Olympic win," L.A. Mayor Eric Garcetti told Reuters in May. After all, it's been more than two decades since the U.S. last hosted the Summer Olympics.

The IOC evaluation commission called Los Angeles an "outstanding" city in its report, according to USA Today, pointing out that it already possesses the necessary infrastructure to host a massive event like the Games. Therefore, L.A. is confident it can host a low-cost Olympics in 11 years time.

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Securing the Games is a huge deal, even for a city already attracting visitors from all over the world. Brazil hosted a record number of international visitors in 2016. The 6.6 million figure was boosted by Rio de Janeiro having hosted the 2016 Olympics. Last summer's Olympics drew nearly 1.2 million tourists to Rio, including 410,000 foreign travelers.

L.A. last hosted the Summer Olympics last in 1984, while Paris last hosted the Games in 1924.

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