IOC President Thomas Bach next to Mayor of Los Angeles Eric Garcetti ratifies Paris 2024 and Los Angeles 2028 host cities for Olympics games during the 131st IOC session in Lima. ― Reuters picLIMA, Sept 14 ― Paris was awarded the 2024 summer Olympics and Los Angeles the 2028 Games yesterday, as the International Olympic Committee (IOC) broke with decades of tradition to vote on a unique double allocation.

Paris, which has hosted two previous Olympics, will stage the event 100 years after its last Games in 1924 while Los Angeles will also organise its third Games after 1932 and 1984.

IOC President Thomas Bach embraced both cities' mayors on stage after a unanimous show of hands by IOC members ratified the awards.

The announcement was celebrated in Paris with the unveiling of a giant set of interlaced rings, the symbol of the Games, in a heavy downpour on the Trocadero square with lights glittering on the Eiffel Tower in the background.

“In the coming seven years we will prepare the Olympic Games with all our energy,” French President Emmanuel Macron, who had personally campaigned for the bid, said.

“Together we must do everything in our power to ensure that Paris hosts a magnificent games in 2024.”

The IOC decided in July to award both Games at the same time, following the withdrawal of four of the six cities bidding for the 2024 Olympics, amid concerns about the size, cost and complexity of organising the world's biggest multi-sports event.

Los Angeles then dropped its bid for the 2024 Olympics, for which it had been campaigning for over two years, in return for receiving the 2028 edition. This paved the way for Paris as the sole 2024 bidder to win the Games unopposed.

“This is a momentous day for the people of Los Angeles and the United States,” said LA mayor Eric Garcetti. “For the first time in a generation, we are bringing the Games back to the City of Angels.”

Paris, with a Games budget of €6.8 billion (RM28.52 billion), had failed with previous attempts to land the 1992, 2008 and 2012 Olympics.

The LA Games have a budget of US$5.3 billion and will essentially follow the plan they had in place for 2024, including housing athletes at the UCLA campus.

Both Paris's bid co-chair Tony Estanguet and LA bid chairman Casey Wasserman are to stay on and lead the host cities' preparations, mayors Anne Hidalgo and Garcetti confirmed in a news conference after the announcement.

It is the first time the IOC has awarded a Games 11 years in advance, as it traditionally gives the next Olympic host city seven years to prepare.

The Olympic body, however, was eager to secure the future of its prime product after Boston, Budapest, Rome and Hamburg all pulled the plug on their 2024 bids mid-race.

Bach said the unanimous IOC decision would secure the future of the Games and ensure successful Olympics.

“It is hard to imagine something better. Ensuring the stability of the Olympic Games for the athletes of the world for the next 11 years is something extraordinary,” he said.

Both the 2014 winter Games in Russia's Sochi and the 2016 Rio de Janeiro Olympics were mired in controversy over corruption, embezzlement and doping allegations, dealing a major blow to the reputations of the event and the IOC.

Tokyo, the host of the next summer Games in 2020, has also had to fend off allegations of corruption regarding the decision to award it the Games four years ago. ― Reuters </s> LOS ANGELES (AP) — Los Angeles reached an agreement Monday with international Olympic leaders that will open the way for the city to host the 2028 Summer Games, while ceding the 2024 Games to rival Paris, officials announced Monday.

The deal would make LA a three-time Olympic city, after hosting the 1932 and 1984 Games.

With the agreement, the city is taking “a major step toward bringing the Games back to our city for the first time in a generation,” Mayor Eric Garcetti said in a statement.

He called it a “historic day for Los Angeles, for the United States” and the Olympic movement.

The agreement follows a vote earlier this month by the International Olympic Committee to seek an unusual deal to award the 2024 and 2028 Games simultaneously. Paris is the only city left to host the 2024 Games.

The Los Angeles City Council and U.S. Olympic Committee board of directors will consider the agreement for approval in August. If approved, the IOC, LA and Paris may enter a three-part agreement, clearing the way for the IOC to simultaneously award the 2024 Games to Paris, and the 2028 Games to LA. The IOC vote is scheduled for September, in Lima, Peru.

In a statement, the Paris bid committee welcomed the announcement in Los Angeles but stopped short of confirming the obvious, that Paris is in line for the 2024 Games.

“Paris 2024 is proud to be working together with the IOC and our friends in Los Angeles to reach a positive solution for both cities, the Games and the whole Olympic Movement for 2024 and 2028,” committee co-chair Tony Estanguet said.

In embracing what amounted to the second-place prize and an 11-year wait, LA will receive a financial sweetener.

Under the terms of the deal, the IOC will advance funds to the Los Angeles organizing committee to recognize the extended planning period and to increase youth sports programs leading up to the Games. The IOC contribution could exceed $2 billion, according to LA officials. That figure takes into account the estimated value of existing sponsor agreements that would be renewed, as well as potential new marketing deals.

The delay to 2028 opens a host of questions for Los Angeles, which is looking at the prospect of retooling its multibillion-dollar plans for more than a decade into the future. It would face challenges from maintaining public interest to recasting deals for stadiums, arenas and housing that have been in the works for months and even years.

LA and Paris were the last two bids remaining after a tumultuous process that exposed the unwillingness of cities to bear the financial burden of hosting an event that has become synonymous with cost overruns.

LA was not even the first American entrant in the contest. Boston withdrew two years ago as public support for its bid collapsed over concerns about use of taxpayer cash. The U.S. bid switched from the east to the West Coast as LA entered the race.

But the same apprehensions that spooked politicians and the local population in Boston soon became evident in Europe where three cities pulled out.

Uncomfortably for IOC President Thomas Bach, whose much-vaunted Agenda 2020 reforms were designed to make hosting more streamlined and less costly after the lavish 2014 Sochi Games, the first withdrawal came from his homeland of Germany.

The lack of political unity for a bid in Hamburg was mirrored in Rome and Budapest as support for bids waned among local authorities and the population. It was clear they did not want to be saddled with skyrocketing bills for hosting the Olympics without reaping many of the economic benefits anticipated.

Just like in the depleted field for the 2022 Winter Games which saw Beijing defeat Almaty, the IOC was left with only two candidates again.

With two powerful cities left vying for 2024, Bach realized France or the U.S. could be deterred from going through another contest for 2028 if they lost. Bach floated the idea in December of making revisions to the bidding process to prevent it producing “too many losers,” building support that led to LA and Paris being able to figure out themselves how to share the 2024 and 2028 Games.

The dual award of the games relieves the IOC of having to test the global interest in hosting the Summer Olympics for several years until the 2032 Games are up for grabs.

The opportunity to host the Games “is a golden occasion further strengthening Los Angeles — not just through bricks and mortar, but through new opportunities for our communities to watch, play and benefit from sport,” Wesson said. </s> IOC Expects To Award Paris And Los Angeles 2024 And 2028 Olympics

Enlarge this image toggle caption Fabrice Coffrini/AFP/Getty Images Fabrice Coffrini/AFP/Getty Images

The International Olympic Committee decided Tuesday that Paris and Los Angeles can work out a deal to be awarded the 2024 and 2028 Summer Games.

The committee's members voted unanimously that it can award both Olympics at its next meeting in September and that a three-way deal can be brokered among the two cities and the IOC.

LA Mayor Eric Garcetti and Paris Mayor Anne Hidalgo joined IOC President Thomas Bach on stage in Lausanne, Switzerland. Bach raised their hands in the air in a pose of shared victory.

"With Los Angeles and Paris, there are two fantastic cities from countries with a profound Olympic history," Bach said, according to the Associated Press.

Paris and Los Angeles are the only remaining contestants in the 2024 contest, after Boston; Budapest, Hungary; Hamburg, Germany; and Rome all dropped out. If the parties can't reach a deal, the IOC will name a host city for only 2024 at its next meeting.

The cities and the IOC will undertake final negotiations in the coming weeks. Either or both of the cities would need to be willing to host the 2028 Games if not awarded the 2024 Games, Reuters reports.

The IOC's decision locks in two major world cities years in advance and means the city that loses 2024 can avoid going through an arduous campaign to bid for 2028. Paris lost recent bids to host the 2008 and 2012 games.

Paris has been pushing hard for the 2024 Games, which would mark 100 years since it last hosted the Olympics. The Los Angeles Times reports that LA is expected to agree to host the 2028 Olympics; it could ask for concessions, such as a larger share of IOC revenue, in return for waiting. Los Angeles has proposed using the city's existing venues, boasting that it would not need to build any new permanent facilities to host the games.

"We take nothing for granted," Garcetti told reporters at a news conference afterward, the Times reports. "Our job now is to work with the IOC, to forge a path forward for our city and for the future of this [Olympic] movement."

Garcetti said the Olympics "can't afford to lose the United States," the AP reports. The Washington Post has reported that NBC single-handedly pays for much of the games: The network accounted for 62 percent of the IOC's broadcast revenue at the Sochi Games in Russia in 2014. New York and Chicago lost their bids for the 2012 and 2016 Olympics.

Los Angeles last hosted the 1984 Olympics. </s> LIMA, Sept 13 (Reuters) - The International Olympic Committee on Wednesday awarded the 2024 summer Olympic Games to Paris and the 2028 edition to Los Angeles following a vote in the Peruvian capital.

Paris, which has hosted two previous Olympics, will stage the event 100 years after its last Games in 1924 while Los Angeles will also organise its third Games after 1932 and 1984.

There were no other candidates for either the 2024 or 2028 Games and the votes were a formality. IOC President Thomas Bach said the votes for both cities were "unanimous".

The IOC decided in July to award both Games at the same time, following the withdrawal of four of the six cities bidding for the 2024 Olympics, amid concerns about the size, cost and complexity of organising the world's biggest multi-sports event.

Los Angeles then dropped its bid for the 2024 Olympics, for which it had been campaigning for over two years, in return for receiving the 2028 edition.

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.

The presence of French President Emmanuel Macron, who also spoke on Wednesday in a video message, at the IOC's extraordinary session in July in Lausanne was seen as crucial in sealing the deal for the French capital for 2024.

The Los Angeles 2028 Games, with a budget of $5.3 billion, will essentially follow the plan they had in place for 2024, including housing athletes at the UCLA campus.

It is the first time the IOC has awarded a Games 11 years in advance.

The Olympic body, however, was eager to secure the future of its prime product even if it meant handing out two editions at the same time after Boston, Budapest, Rome and Hamburg all pulled the plug on their bids mid-race, fearing high costs and local opposition. </s> >Lima: Paris and Los Angeles celebrated their coronation as host cities for the 2024 and 2028 Olympics on Wednesday, delivering a jolt of good news for the International Olympic Committee as it battles escalating corruption allegations.

In a drama-free conclusion to a three-year bidding race, IOC members voted unanimously to rubber-stamp a deal hashed out in July for Paris to be given 2024 and Los Angeles 2028.

The pre-ordained outcome did little to dampen celebrations inside the Lima Convention Centre, where Paris and Los Angeles officials cheered and congratulated each other.

IOC President Thomas Bach " a driving force behind the decision to confirm 2024 and 2028 at the same time " hailed the joint award as a "win-win-win."

"It's a magical, unique victory," said jubilant Paris 2024 bid co-leader Tony Estanguet as French President Emmanuel Macron saluted a "victory for France."

"This was the right answer, it was about fraternity, it was about friendship, it was about finding a win-win," Los Angeles Mayor Eric Garcetti told AFP.

IOC chief Bach meanwhile said the Olympic movement had secured the result "we were looking for."

"I couldn't be more happy than I am right now," Bach said. "We have the two best possible games for the Olympics in 2024 and 2028, in two great Olympic countries."

The vote marked the final act of a campaign that had been stripped of the usual intrigue ever since Paris and Los Angeles agreed to carve up 2024 and 2028 following encouragement from the IOC.

The 2024 Games will mark the third time Paris has staged the Olympics, coming exactly 100 years after they last hosted the Games. Since then, France had made three unsuccessful bids for the Olympics.

"It's a great feeling of happiness to be bringing the Games back to Paris after 100 years," Paris mayor Anne Hidalgo said.

In Paris, giant Olympic rings were unveiled in front of the Eiffel Tower just after the announcement was made as a small crowd celebrated in driving rain.

The 2028 Olympics will be the first held in the United States since the chaotic 1996 Games in Atlanta.

It will also mark the third time that Los Angeles has hosted the Olympics following successful editions in 1932 and 1984.

Paris and Los Angeles emerged from the initial bidding race for the 2024 Games after a number of cities withdrew citing waning public support and concerns over budget.

Hamburg, Rome, Budapest and Boston all fell by the wayside during the competition, reflecting the political difficulties in persuading voters that staging the Olympics is worth the multi-billion-dollar price tag.

IOC chief Bach first signalled publicly that the double-award of an Olympics could be on the agenda in December last year, lamenting that the bidding process produced "too many losers".

As the tussle for 2024 unfolded, and as the field thinned to leave just Los Angeles and Paris, the IOC's determination to secure two high-quality bids for the next two summer games became apparent.

In July, the IOC announced it would award the staging rights for the 2024 and 2028 Olympics at the same meeting in Lima, laying the way for a swift agreement between the two over the running order.

"We cracked the code when the IOC changed the formula," Los Angeles Mayor Garcetti told AFP.

"We've talked to a lot of folks who said it used to be about one corner of the room celebrating and the rest crying...I think we showed that dreams can come true."

The smooth finish to the race also eliminates the risk of the vote being tainted by the sort of scandal that has embroiled the ballot for the 2016 Olympics.

The IOC was left tackling a fresh wave of graft allegations last week when investigators in Brazil swooped on the country's Olympics chief Carlos Nuzman.

Nuzman stands accused of plotting to bribe IOC members into awarding Rio de Janeiro the 2016 Games at a 2009 vote in Copenhagen.

The allegations swirling around Rio's bid revived memories of the Salt Lake City bribery scandal, which led to 20 IOC members being either kicked out of the Olympics' ruling body or pleading guilty to accepting bribes for votes.

French investigators meanwhile have already announced they are investigating the 2013 vote in Buenos Aires which awarded the 2020 Olympics to Tokyo, following reports of secret payments into a Singapore-based bank account linked to the son of disgraced former world athletics chief Lamine Diack.

IOC official Dick Pound, who has been critical of Bach's handling of recent corruption and doping scandals, believes the movement can however have reason to celebrate after Wednesday's joint award.

"You've got Paris and Los Angeles locked in for the next two games, on top of Tokyo," Pound said.

"So that's three first-class host cities in a row. That's an excellent outcome." View More </s> (LIMA, Peru) — Paris will host the 2024 Summer Olympics and Los Angeles will stage the 2028 Games — a pre-determined conclusion that the International Olympic Committee has officially ratified in a history-making vote.

The decision Wednesday marks the first time the IOC has granted two Summer Olympics at once. It came after a year's worth of scrambling by IOC president Thomas Bach, who had only the two bidders left for the original prize, 2024, and couldn't bear to see either lose.

Both cities will host their third Olympics.

The Paris Games will come on the 100th anniversary of its last games — a milestone that would have made the French capital the sentimental favorite had only 2024 been up for grabs.

Los Angeles moved to 2028, and will halt a stretch of 32 years without a Summer Games in the United States. </s> LAUSANNE, Switzerland (AP) — The IOC has decided it can pick both Los Angeles and Paris as Olympic host cities in September when the 2024 and 2028 Summer Games rights should be awarded at the same time.

International Olympic Committee members voted unanimously Tuesday to seek a consensus three-way deal between the two bid cities and the IOC executive board. Talks will open with Paris widely seen as favorite for 2024.

If a deal falls through, only the 2024 hosting rights will be voted on when the IOC next meets Sept. 13 in Lima, Peru.

Agreement seemed assured by the reaction of the two mayors. Eric Garcetti of LA and Anne Hidalgo of Paris emerged on stage holding hands to acclaim the decision.

The mayors were joined by IOC President Thomas Bach who raised an arm of each in a shared gesture of triumph.

A deal to make both cities winners would fulfil a strategy Bach set in motion last December to help safeguard a stable future for the signature Olympic event.

“With Los Angeles and Paris, there are two fantastic cities from countries with a profound Olympic history,” Bach said earlier.

The IOC approved the expected double award after hearing both cities present their 2024 hosting plan at a conference center in the Olympic capital city Lausanne.

Both cities used 45 minutes of videos and speeches, including French President Emmanuel Macron promoting the Paris cause, in a closed-door session with International Olympic Committee members to explain how they would host the 2024 Olympics.

Earlier Tuesday, the mayors of Los Angeles and Paris said they could work toward a deal.

“We look forward to working together maybe not in competition but collaboration with Paris,” LA Mayor Eric Garcetti said at a news conference after his city’s bid officials opened the campaign event.

Garcetti and Paris Mayor Anne Hidalgo have long touted their good relations on other issues such as climate change.

“We are all at the disposition and by the side of the IOC which was right to ask itself this question,” Hidalgo said at the Paris news conference, citing her friendship with Garcetti as potentially a “key element” to reaching an agreement.

The dual award can give the IOC a decade of stability with two world-class cities touting financially secure bids. LA plans to use only existing venues with zero risk of white elephant venues. This follows years of overspending by Olympic hosts and political defeats to sink potential candidates.

The win-win option also guards against a 2024 loser refusing to bid again for 2028.

It also avoids inflicting a third recent defeat on Paris — which lost with bids for the 2008 and 2012 Olympics — and the United States. New York and Chicago both lost heavily for 2012 and 2016, respectively. Paris also failed with a 1992 bid.

“We lost three times, we don’t want to lose a fourth one,” Macron said at the news conference. “I’m here to convey the message that there’s a strong unity to back this candidacy.”

Minutes after Macron spoke, U.S. President Donald Trump wrote on Twitter: “Working hard to get the Olympics for the United States (L.A.). Stay tuned!”

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• At least 16 killed in military plane crash in Mississippi </s> Lima, Peru: The International Olympic Committee named Paris and Los Angeles as hosts for the 2024 and 2028 Olympics on Wednesday, crowning two cities at the same time in a historic first for the embattled sports body.

Loud applause rang out at the Lima Convention Centre shortly after the IOC membership voted to approve a deal hashed out in July which arranged for Paris to be given 2024 and Los Angeles 2028.

Paris and Los Angeles bid leaders joined International Olympic Committee President Thomas Bach on stage as the award was confirmed, embracing after an outcome hailed as a "win-win-win" by the IOC.

Both Paris and Los Angeles made final presentations to IOC delegates before the formality of the rubber-stamp vote was taken.

"You can't imagine what this means to us, incredible, so strong," Paris 2024 co-chairman Tony Estanguet told delegates shortly before the vote.

It marked the final act of a campaign that had been stripped of the usual intrigue ever since Paris and Los Angeles agreed to carve up 2024 and 2028 in July following encouragement from the IOC.

Paris 2024 officials hugged and cheered following the vote, basking in victory after three previous failed bids to land the 1992, 2008 and 2012 Olympics.

The 2024 Games will mark the third time Paris has staged the Olympics, coming exactly 100 years after they last hosted the Games.

Los Angeles 2028 officials also celebrated the return of the Olympics to US soil.

The 2028 Olympics will be the first held in the United States since the chaotic 1996 Games in Atlanta.

It will also mark the third time that Los Angeles has hosted the Olympics following successful editions in 1932 and 1984.

"Los Angeles reflects the face of America's future and the heart of American values of inclusiveness, generosity and unity," Los Angeles mayor Eric Garcetti said during his final pitch to IOC members.

Paris and Los Angeles emerged from the initial bidding race for the 2024 Games after a number of cities withdrew citing waning public support and concerns over budget.

Hamburg, Rome, Budapest and Boston all fell by the wayside during the competition, reflecting the political difficulties in persuading voters that staging the Olympics is worth the multi-billion-dollar price tag.

IOC chief Bach first signalled publicly that the double-award of an Olympics could be on the agenda in December last year, lamenting that the bidding process produced "too many losers".

As the tussle for 2024 unfolded, and as the field thinned to leave just Los Angeles and Paris, the IOC's determination to secure two high-quality bids for the next two summer games became apparent.

In July, the IOC announced it would award the staging rights for the 2024 and 2028 Olympics at the same meeting in Lima, laying the way for a swift agreement between the two over the running order.

The drama-free conclusion to the race also eliminates the risk of the vote being tainted by the sort of scandal that has embroiled the ballot for the 2016 Olympics.

The IOC was left tackling a fresh wave of graft allegations last week when investigators in Brazil swooped on the country's Olympics chief Carlos Nuzman.

Nuzman stands accused of plotting to bribe IOC members into awarding Rio de Janeiro the 2016 Games at a 2009 vote in Copenhagen.

The allegations swirling around Rio's bid revived memories of the Salt Lake City bribery scandal, which led to 20 IOC members being either kicked out of the Olympics' ruling body or pleading guilty to accepting bribes for votes.

French investigators meanwhile have already announced they are investigating the 2013 vote in Buenos Aires which awarded the 2020 Olympics to Tokyo, following reports of secret payments into a Singapore-based bank account linked to the son of disgraced former world athletics chief Lamine Diack. </s> Los Angeles is on its way to being an Olympic city again, this time in 2028. A tentative deal announced Monday gives LA the Summer Games after Paris emerged as the last city standing in the contest for the 2024 Games. Here's how things progressed to this point:

WHY 2028 AND NOT 2024?

Only a few months ago, Los Angeles leaders winced at the prospect of hosting the 2028 Games. The city "is only bidding for 2024," LA Olympic Committee leader Casey Wasserman said in May. But that stance softened after International Olympic Committee President Thomas Bach pushed the idea of making revisions to bidding to avoid "too many losers," in other words, dividing the spoils for 2024 and 2028. LA embraced the second-place prize, 2028, after it became clear Paris was in line for 2024.

FILE - This July 11, 2017 file photo shows banners of Los Angeles 2024 candidacy, Paris 2024 candidacy and the International Olympic Committee (IOC), during the International Olympic Committee (IOC) Extraordinary Session, at the SwissTech Convention Centre, in Lausanne, Switzerland. It was announced Monday, July 31, that Los Angeles has reached an agreement with international Olympic leaders that will open the way for the city to host the 2028 Summer Games, while ceding the 2024 Games to rival Paris. (Jean-Christophe Bott/Keystone via AP,File)

L.A.'s bid committee has projected it will cost about $5 billion to stage the Games. While recent Games have seen runaway costs, LA officials predict the plan will stay in the black, covering all expenditures through ticket sales, sponsorships and other revenue. Major savings will come from using existing venues, like the Coliseum and Pauley Pavilion, rather than buildings new ones.

LA's agreement comes with a plump reward for the long wait: Under the 2028 contract, the IOC will advance funds to the LA committee to account for the longer planning period and to increase youth sports programs leading up to the Games. The IOC contribution would be $1.8 billion, with the potential to exceed $2 billion when taking into account the estimated value of renewed sponsor agreements and potential new marketing deals, according to the LA bid committee. There are other benefits: The LA committee would get $180 million from the IOC over the first five years of the deal to cover expenses and support youth sports, a shift since the IOC typically holds back most of its spending until the Games get closer. And the IOC would surrender its right to a 20 percent cut of any surplus after the Games end, which could give LA $100 million or more if the books stay balanced, according to the LA committee.

Next month, the proposed deal will be considered by the Los Angeles City Council and the U.S. Olympic Committee board. If approved, the International Olympic Committee, LA and Paris could enter a three-way agreement, clearing the way for IOC to award the 2024 Games to Paris, with 2028 going to Los Angeles. A final IOC vote is expected in Lima, Peru in September.
The International Olympic Committee awards the 2024 Summer Olympics to Paris and the 2028 Summer Olympics to Los Angeles.