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Baseball 'can benefit from LA 2028 Games decision'

Senior Pan American Fencing Championships    
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Domestic sponsorship for the Tokyo 2020 Olympics has so far reached a record $2.8 billion (£2.11 billion) - nearly three times as much as in any previous summer Games - the International Olympic Committee said on Wednesday.

The evaluation commission signed off on those Monday, saying that although details need to be finalized, it is confident LA can host in 2028.

"This is a win-win-win situation for Paris, Los Angeles and the entire Olympic Movement", said IOC President Thomas Bach.

Even earlier, in June, Trump met with Bach and three U.S. International Olympic Committee members - Larry Probst, Anita DeFrantz and Angela Ruggiero - in the Oval Office to pledge his support to the Los Angeles Games.

The IOC considered both bids to be strong, leading to today's historic event.

Paris, which has hosted two previous Olympics, will stage the event 100 years after its last Games in 1924, while Los Angeles will also organise its third Games after 1932 and 1984.

The Olympic cauldron at the Los Angeles Memorial Coliseum is blazing again, ahead of the expected official awarding of the 2028 Games to LA.

IOC Vice President John Coates who was key in drafting the tripartite arrangement said of the resuts "I think they must have seen the advantages, they see there will be no losers out of this, we know they're two outstanding bids and it was an outstanding opportunity so we presented that opportunity to them and they accepted, so I'm very pleased".

Both Paris's bid co-chair Tony Estanguet and LA bid chairman Casey Wasserman are to stay on and lead the host cities' preparations, mayors Anne Hidalgo and Garcetti confirmed in a news conference after the announcement. The last American city to host the Summer Games was Atlanta in 1996.

Swimming champion and four-time gold medalist Janet Evans is on the committee overseeing L.A.'s bid, and she joined the delegation in Peru.

"These are two great cities from two great countries with a great Olympic history".

It is the first time the IOC has awarded a Games 11 years in advance, as it traditionally gives the next Olympic host city seven years to prepare. After the IOC's 2024 Evaluation Commission visited L.A. and Paris in May 2017, it issued a report praising both cities and describing L.A.'s bid as "forward-looking, innovative and vibrant".

In January 2015, the USOC initially selected Boston as the U.S.'s candidate. "For the first time in a generation, we're going to bring you an Olympics home".

"I want to thank the people of my city, the Angelenos who have believed in the Olympics for over a century", Garcetti said then.