International Olympic Committee gives thumbs up to Los Angeles to host 2028 Olympics, Paris awarded 2024 games

Los Angeles has received its formal go-ahead to host the 2028 Olympics, getting a thumbs-up from the International Olympic Committee's evaluation commission.

Los Angles will become one of the select cities to host the Olympics more than once. Los Angeles had hosted the Olympics in 1984.
Today, the full IOC will award the 2024 Games to Paris and the 2028 Games to Los Angeles.

Los Angeles had originally bid for 2024, but because of the new date, it had to make changes to its host contract. The evaluation commission signed off on thos, saying that although details need to be finalised, it is confident LA can host in 2028.

Los Angeles received concessions for agreeing to host four years later, including receiving a portion of the IOC's surplus from the Olympics to fund youth sports programs in the city.
Los Angeles will also receive up to USD 2 billion from the IOC, which is up to USD 300 million more than it would have gotten for 2024.