Los Angeles will host the 2028 Olympics after reaching a deal with the IOC in a move that virtually assures that Paris will host the 2024 Games.
Both Los Angeles and Paris were competing for the 2024 Games after several other candidates withdrew from contention.
With the Paris bid looked likely to win, the International Olympic Committee (IOC) confirmed that Los Angeles had agreed to the later date of 2028.
“The IOC welcomes this decision of the Los Angeles Olympic and Paralympic Candidature Committee, and we are pleased to release the Host City contract 2028 in a transparent and timely manner,” IOC president Thomas Bach in a statement Tuesday.
The agreement follows a vote by the IOC in July to seek an unusual deal to award the 2024 and 2028 Games simultaneously.
The IOC, who will hold its official vote next month in Lima, Peru, said it would make contributions to the Los Angeles organising committee worth about $2.2 billion.
A formal announcement about which city would host the Games was not pteviously expected until IOC’s Lima meeting.
Los Angeles – host of the Summer Olympics in 1932 and 1984 – had argued that it could host a low-cost Olympics given that it already has all the necessary infrastructure in place, while Paris would need to build several expensive venues.
Recent bids by Paris had been passed over, and many felt the French capital was due to get the nod for the 2024 Games, which will mark 100 years since the last time it hosted a Games.
Paris has said it needed to host in 2024 as the site it has earmarked for the Olympic Village would not be available for redevelopment after 2024.
The two cities were the only ones left in the race for 2024 after Budapest, Hamburg and Rome withdrew.
Mr Garcetti has said that while Los Angeles would prefer to host the Games in 2024, it was not outright opposed to hosting in 2028 instead.
“An Olympic win is an Olympic win,” Garcetti told Reuters in May when the city hosted an IOC inspection committee.
– With AAP