A few weeks ago, the International Olympic Committee (IOC) announced that both Paris and Los Angeles were selected to host a future Summer Olympic Games. What wasn’t decided was who would host the 2024 games and who would host the 2028 games. After several weeks of uncertainty, the IOC and the two host cities worked it out. Paris will host the 2024 Summer Olympic Games, exactly 100 years from when they last hosted, and Los Angeles will host the games in 2028.
Want to know read the original story? Scroll down!
Published on 7/20/17:
Ah, the Olympic Games … a sporting event that gathers the world’s best athletes together for a two-week showcase of sportsmanship, competition, friendship, and education. Last year, the Summer Olympic Games drew over 11,000 athletes from 207 countries to Rio de Janeiro, Brazil, and the city hosted millions more visitors—a truly amazing feat for any city.
Last week, after three of the five original bid cities dropped out of the running, the International Olympic Committee (IOC), or the organization that manages the Olympics, announced that the two remaining cities, Paris and Los Angeles, had been awarded the 2024 and 2028 Summer Olympic Games. Awarding both cities with the Summer Olympic Games is a bit unprecedented (or abnormal), because the IOC tends to award the Games to one city at a time. So how will the two cities determine who gets to host first? They’ll be working with the IOC to hammer out the details.
Paris is hoping to host the 2024 Summer Olympics because it will have been 100 years since they last hosted. Los Angeles, on the other hand, hosted the Games more recently—in 1984—and experts think that they will happily concede the 2024 Summer Olympics to Paris.
Congratulations to both Paris and Los Angeles. But the question remains: why did other cities who initially wanted to host the Games ultimately decide that it just wasn’t for them? Well, hosting the Olympic Games is certainly a great honor and for two weeks the world is focused on your city, but with millions of people visiting and buying things and pumping money into your city, hosting the Olympics also costs a lot of money!
Last summer, Rio de Janeiro hosted the Games and spent over $11 billion paying for infrastructure—constructing stadiums, housing, and other event gathering spaces. And although millions of visitors descended onto Rio, the $9 billion that these tourists spent didn’t quite cover the amount of money that the government and the people of Brazil poured into host the Games. In other words, it costs a lot of money and takes years of preparation to host the Olympics. Is it worth it? To some cities, it’s a resounding yes! To others, it’s a no way!