Sunday August 30th, 2015

Los Angeles and the U.S. Olympic Committee have reportedly agreed to a deal to award the city America's bid to host the 2024 Olympics.

The Associated Press reports the deal is pending the approval of the Los Angeles city council next week. A meeting between the sides is set for Tuesday, after which the USOC will announce L.A. as the American host candidate. A city council subcommittee reportedly approved the deal Friday, moving the process to its final stage.

In July, Boston and the USOC backed out from the city's campaign to host the 2024 games. The International Olympic Committee's deadline for cities to enter the race is Sept. 15. Other bids include Rome, Paris, Hamburg, Germany and Budapest, Hungary.

Los Angeles would join London as the world's only three-time Olympic hosts. The U.S. has not hosted the Summer Games since the 1996 Atlanta Games. Last week, L.A. unveiled details of a bid costing a planned $4.1 billion.

More: IOC says Boston failed to deliver on promises to USOC

Jeremy Woo

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