The L.A. City Council today approved a Games Agreement with the Los Angeles Organizing Committee for the 2028 Olympic and Paralympic Games - providing a framework for an array of details, including insurance for disasters and ticket loss and the city's financial liability in the event of a deficit.
The Los Angeles City Council approved an agreement for the 2028 Olympic and Paralympic Games Friday. Under the agreement, the city would be responsible for $270 million in the event of a default.
The L.A. City Council today approved a Games Agreement with the Los Angeles Organizing Committee for the 2028 Olympic and Paralympic Games - providing a framework for an array of details, including insurance for disasters and ticket loss and the city's financial liability in the event of a deficit.
As part of its agreement with the 2028 Olympics host city of Los Angeles, the L.A. 2028 Committee agreed to pay up to $160 million to support local youth sports programs to enhance access to sports for young people leading up to the 2028 games.
LA City Council Accepts $7 7 Million From Olympics Committee iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.