LA 2024 releases $5.3 billion budget; no new stadiums needed

The Los Angeles bid committee for the 2024 Olympics is projecting a $5.3 billion budget, less than half the cost of the recently completed Rio Games. The LA bid committee released the budget on Friday. The bid is about a quarter of Tokyo’s current ballooning budget for the 2020 Olympics. The $5.3 billion includes a […]