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L.A. mayor: City to get more than $2 billion from IOC for hosting 2028 Games

USA TODAY Sports

CARSON, Calif. — There was no sense of defeat here on the day Los Angeles learned it would have to wait an extra four years to hold the Olympics.

In fact, Los Angeles Mayor Eric Garcetti insisted Southern California got a better deal from the International Olympic Committee even though Paris got the 2024 Summer Games for which Los Angeles had bid.

Garcetti, in a news conference Monday, said waiting until 2028 will result in hundreds of millions of additional dollars for his city.