U.S. Olympic Committee Backs Los Angeles Bid for 2024 Games

The Olympic Rings rise above Madureira Park on June 4, 2015 in Rio de Janeiro, Brazil.

Photo by Matthew Stockman/Getty Images
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The U.S. Olympic Committee endorsed Los Angeles’s bid for the 2024 Olympic Games after the City Council agreed to allow a contract that would require the city to cover financial losses, Committee Chief Executive Scott Blackmun said.

The second-largest U.S. city, which hosted the games in 1932 and 1984, will compete against Rome, Paris, Budapest and Hamburg, Blackmun said Tuesday in Santa Monica, California.