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14 September 2017, 01:26 | Percy Christensen
The IOC EB presiding over the 2017 Session
The joint marketing agreement had to be reworked when Los Angeles agreed to host the 2028 Games, with Paris staging the 2024 Olympics.
Before that, today's meeting in Lima, Peru, was scheduled to be a vote between Paris and LA for the 2024 Games only.
The destiny of the Summer Olympics and Paralympics is set for the next 11 years. Deliberately we had the Games in 1932, and 1984 as well. That recommendation is expected to be ratified this week in Peru.
The agreement locks in Los Angeles as host city nearly 11 years ahead of the Games Opening Ceremony, the longest time allotted to an organizing committee in history.
It is the first time the International Olympic Committee has awarded a Games 11 years in advance. It joins London and now Paris as the only three-time hosts. With failing public and government support the latter two dropped out, leaving Paris and Los Angeles as the last two cities standing.
In exchange for the compromise, LA will grab an extra 300 million dollars (£227 million) or more that could help offset the uncertainties that lie ahead over an 11-year wait instead of seven.
Baumann said Wednesday "With Paris and Los Angeles, the Olympic Games are in good hands". The IOC made a decision to award two games at the same time in a history-making vote, putting the rubber stamp on the pre-determined conclusion.
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The IOC voted to approve a deal with the two cities resulting in a historic double allocation that the committee's president, Thomas Bach, called a "win-win-win situation".
LA and Paris gave 25-minute presentations Wednesday with speeches and videos to International Olympic Committee members before the show of hands.
"These are two great cities from two great countries with a great Olympic history".
Athletes will be using UCLA facilities such as Pauley Pavilion and the Los Angeles Tennis Center during the games, bid organizers said.
Los Angeles has bid 10 times, and its path to 2028 was long and circuitous.
"Now, I know what you're thinking...these LA guys seem pretty laid back", Wasserman said. At the time, they committed to working out a deal that culminated with each city getting an Olympics on Wednesday. For the first time in a generation, we are bringing the Games back to the City of Angels.
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