Comment on Estimated cost of 2028 Los Angeles Olympics jumps to $6.9 billion

Estimated cost of 2028 Los Angeles Olympics jumps to $6.9 billion

The predicted cost of staging the 2028 Los Angeles Olympics has risen to $6.9 billion, according to an updated budget released Tuesday by the private committee responsible for staging the massive sports event. The new figure represents a $700 million increase over previous estimates, with organizers saying they had to adjust for inflation after L.A., which originally bid for the 2024 Games, agreed to wait four more years.

 

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