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.
Estimated Cost Of 2028 Los Angeles Olympics Jumps To $6.9 Billion
LA Times, Free Republic
Wed, 05/01/2019 - 2:57am
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