The U.S. Olympic Committee's board of directors will convene on Wednesday for a meeting that is expected to focus on Los Angeles' desire to bid for the 2024 Summer Games.
USOC leaders are scheduled to address the media afterward, but did not anticipate making any final decisions at the Denver International Airport meeting.
Earlier this week, Mayor Eric Garcetti told The Times' editorial board that the city is pushing to be the American candidate and could stage the Games for a projected $4.1 billion.
Los Angeles expects to generate a $150-million surplus by way of broadcast and sponsorship revenues, but will guarantee to cover any cost overruns, Garcetti said.