Honestly, spending money on transit shouldn't be seen as a 'loss' anyway, in the same way that spending money on roads shouldn't be seen as a loss. Spending billions on empty stadiums might be a waste of money, but spending money on transit will benefit LA for decades long after the games.
The new Canada line built for the Vancouver 2010 Olympics is priceless. Before you had to take multiple buses and transfer in the middle of nowhere if you wanted to take public transit from the airport. Now just one fast sky train to downtown which also connects a ton of good stuff and even connects into Richmond. Having said that, while transit infrastructure should not necessarily be considered a “cost”, the fact that LA will need to buy a ton of buses and then sell the excess (presumably at a loss), should count as a cost, since the benefit of those buses will only be realized during the games.
Paris Grand Express 2030 will turn Paris Transport Network into the best in Europe and easily top 3 in the world. They used the Olympics as excuses to start their biggest Transport Expansion Plans ever. Only part of it got finished up before the Olympics but that doesn't really matter because this will benifit Parisiens for decades to come.
everything is true except LA is building you need cars to use rail systems. Those do not help. Forget about carfree. It's not going to happen. I don't drive, I have lived in LA for 40 years. The previous promised transit improvement did not help us, non car drivers. I expected the same promises to be broken again.
@@commentorsilensor3734You don't need cars to use the rail systems if you live close to a station (and there are many). The same issue exists even in cities considered to have the best public transportation in the U.S. like NYC. If you live in Manhattan or west Queens/Brooklyn, you have easy access to transit. But if you live in southern/eastern Brooklyn you have less options or none. In LA, downtown, the SFV, parts of the SGV, westside, and South Bay have adequate options. Just keep in mind where transit is when choosing where you want to live.
@danmur2797 hmm, obviously you don't know LA and New York. Many New Yorkers are stuck in New York because of excellent public transportation. Unless New Yorkers are ready to drive. Public transportation in LA is joke. Only small part of Downtown LA is like New York. Public transportation in SGV n SFV is biggest joke. The buses on Ventura Blvd. N small part of Valley Blvd, n Venice Blvd, Sunset Blvd have one frequent bus per each road. The rest areas are terrible. You are kidding by saying live near by train stations. That is the best insults selfish train lovers can come up. The real estate are so expensive that people can afford TESLAs can afford small apartments near train stations. Yes, there are shopping centers n restaurants, but you need jobs to pay for expensive living. Most jobs are far away from train stations. How about hospital, Dr office, n other amenities. Selfish train lovers keep saying why don't people live near train stations. That's not even practical for train friendly countries. Rich people near train stations. Other people live little further . They take buses to train stations n transfer buses. Many train lovers cannot give up cars. That's the reason big parking lots at each station. That's biggest joke. Train lovers like you come out all the weird to kill local bus service improvement. That's another reason we cannot build rail unless local bus service are improved. We cannot build HSR unless each city has New York style public transportation. So many train supporters are sleeping with auto and oil industry
Londons Olympics might not have turned a profit during the 2 weeks of the games but every venue is still in use and a once dirty and derelict area of London is now one of the most vibrant and beautiful spaces in the capital. There's lots of 'Abandoned Olympic venues' videos on youtube. You wont find London in a single one of them.
Nor will you find anything on Sydney that is "abandoned" because like London Sydney build on what was a brickworks and a abbatoir and turned into what now is a new suburban area with sports facilities that are still used today many are utilised by local rugby league and AFL teams and there's even been a FIFA World Cup final in 2023 in the main stadium which was refurbished further with a new videoboard for the event
L A still has a surprising number of venues in use that date back to 1984 (and in a few cases, 1932). When a US city rolls out an Olympic Games, or World Cup, we're not building much in the way of new venues. We're mainly upgrading infrastructure. Much like London, there isn't a whole lot of stuff that doesn't see use past an Olympic Games. I suspect a lot of this can be said in North America, as well as Western or Central Europe.
The area used for the Olypics had been earmarked for urban regeneration pror to London getting the games. If you take out the cost of turning an industrial waste land into somewhere that was usable the London games made a profit too. Also the only overspend was for the cleaning up.the land. The Infastucture for the games came in on time and below budget
That's interesting. They should be planned that way, creating lasting effects that help the locals. I am sure London and Sydney had a lot of existing facilities too, given that they are well developed countries. It would be really dumb for some cities to waste taxpayer money to build venues solely for the Olympics. It is also sad that it is only during events like this that cities would pour in money to upgrade / clean up their infrastructure or their streets/crimes. LA would be a major one with recent crimes and homeless crisis.
I have a feeling LA will make it profitable again…. I personally stay far from LA as much as possible, but that city has shown that it can easily hold world class competitions without any problems. I always look back to the World Cup of soccer that was held there twice in a row because another city showed it wasn’t ready. LA picked it up without a hitch!
Ummmm actually it was the FIFA Women's World Cup, and the reason it was held in L.A. twice in row HAD NOTHING TO DO WITH CHINA NOT BEING READY!!! Rather it was the 2003 SARS outbreak that caused the move!
I was a volunteer van driver at the LA 84 Olympic games. It was the best time in L.A. No traffic. No smog. Everything ran smoothly and city made a huge project. The city will have much more transit in 2028 than there was in 1984. L.A. will be successful again and know how to put on a big show. The already built venues for sports will be in more abundance, size and modernity than nthey were in 1984.
i don't think it's cities that should be buying into advertising. Should be places like Universal, Disney and Six Flags. Those will be the hot spots for all the tourists coming for the olympics.
@@kawkasaurous I say leave the lanes for the lovers and let the computers handle the commuters. Cars will be like Horses. In 100 years (or less) the only reason someone will own a car is for fun. Not because they have to have one to get to work.
Another major cost is security too. LA 2028 may be required by the city, state, and federal government (along with the IOC) to provide way more funding for police and security than anticipated. I believe that also ballooned the Paris 2024 costs. Especially since the IOC knows LA28 won't be spending money on building stadiums and the Olympic Village.
casey wasserman has said that the federal government will take the lead and provide security. any cost overages will come from the city and state. so all the feds gotta do is take care of the security 😬
LA Times February 6, 2022: "Security will be handled by the U.S. federal government with an agreement signed by the LA organizing committee and Department of Homeland Security (DHS) in February 2020, but it will not be involved in the Games' funding, covering only the aforementioned security costs"
I live in Murrieta and have run races at the Temecula downs for cross-country! It’s wild to think that the olympics will be held so close to where I live.
Proud to be a 5th generation Angelino. Despite all the hate we get and California in general, we do it right here and the profitability of the '84 Olympics as an exception to everyone else financial catastrophes are just another example. Yes, it's expensive to live here. Yes it's crowded. Yes, traffic sucks. Yes, taxes are high. Yes, the rest of the country buses their homeless population here. What we get with all of that is an incredibly robust and diversified economy that is unmatched outside of a few special places like NYC, London, Tokyo, etc. We get paid more for the same jobs here to offset higher cost of living, there are more jobs to go around, especially ones requiring higher skills and education. Our options for entertainment, culture, and cuisine are unmatched. I love California, I especially love Los Angeles, and if you have a problem with that, that fact is much more a reflection on your own place of residence, life circumstances, and personal insecurities than anything about the City of Angels, or the Golden State in general. The USA would collapse without our federal tax dollars flowing out to subsidize all the poverty stricken flyover states where people supposedly have more "freedom". Businesses also have more freedom to fire you without cause, landlords have the freedom to triple your rent without reason, industries have the freedom to poison your water and air without fear of repercussions. Keep poppin those Xannies rednecks, that's the only way to keep your fever dream hate boner for us alive. As goes California, so goes the nation. California uber alles, Moonbeam!
I am a third generation Californian and I disagree with you on almost every point. I can hardly wait to escape. California now is not the California I grew up in during the 70’s & 80’s. I don’t hold out much hope for these Olympics because the tickets and everything else will be extremely overpriced.
@@BackyardBeeKeepingNuevowhat did he say that was wrong? Other states bussing their homeless here? Because Texas and Florida are famous for that. Or how California’s economy is detrimentally important to Americas economy? Because that’s true. Americas tech, agriculture, and entertainment industry depend on California. Or how California “gives less freedom” to businesses by protecting the employed? Hmmm..
@@zaya6584 I’ll start with “we do it right here” and end with that as well. We have an extremely Anti-2A Government. Our politicians have hamstrung our police. We have very soft on crime D.A.’s and judiciary. Not to mention the “train to nowhere.” The handouts to people who broke our laws by entering the country illegally and pay no taxes and only take from the system and suffer no repercussions. Out state is Billions in The Red. The State is Anti-business. The list is endless. So I will end with we don’t do it right here. I disagree with the person who posted the comment. It’s not a personal attack it’s just a difference of opinion.
LA is set up to do it better than anybody. LA already has the 2 most expensive stadiums in the world. Where Chargers and Rams play at Sofi is the most expensive state of the art stadium in the world. And the Clippers new home is second behind them
The lasting legacy of Paris 2024 was the building of temporary pools in existing stadiums. I don't think anyone is going to build a purpose-built aquatics venue again (unless they have one sitting around.)
True but I have some questions about LA. SofiStadium is for swimming and opening or closing ceremony ? In Paris its took 28 days to build the swimming pool (pool, stand, screens all things) inside the Defense Arena. You american may be strong, but I can't imagine than the swimming pool can be builded and disassembled in less than 15 days. The olympic game last 17 days.
@@winphet Perhaps the pool can be built with a removable cover? Or will synchronized swimming be a part of the ceremony? That would be very “old Hollywood” of us.!
@@wendypierce5621That’s exactly what they’re doing. The temporary competition and warm-up pools will be already built and covered during the opening ceremony at SoFi. Afterward the opening ceremony, a temporary stand will be constructed while athletes train in the leadup to the start of swimming.
@@mud.killer Are you serious ? A venue not finished at the beginning of the game, contruction and training will go on at the same time and same place. There is something incoherent in the use of the SofiStadium, I think LA saw the result in Paris and list what they can do, juste list the venues but not yet assemble all together.
i saw Rammstein at the LA Coliseum it was amazing, they even lit the Olympic flame for the concert! i drove all the way from Canada and the venue did not disappoint! the only thing i can't even imagine is the traffic congestion the olympics will have in LA, cause even when i was there 2022 it was an absolute nightmare and i heard it was still less than it was pre-covid.
Is LA (surprisingly, as a Southern Californian by birth) not one of the few host cities that managed to effectively use the Olympic venues post-Olympics? The "billions" have already been saved, Memorial Stadium is in constant use. This state was run so differently back then, it's wild The "no car" twist is an interesting one. I imagine it will help reduce costs for security screening... cut down on car theft/break-ins. Better flow control of people, if managed correctly. It's a boring, but smart, move.
The Los Angeles Dodgers organization supported and cooperated with LA28 organizers since the bid stage. It's all but likely it will be the main baseball venue in 2028, but Major League Baseball has yet to decide what to do during the 2028 season with the sport being an Olympic event in the US with professional athletes qualifying for it for the first time (in Atlanta 1996, only amateurs were able to play Olympic baseball back then). They might do n NHL-like hiatus and let players play for their respective countries, or just have a regular season without many players participating in the games and make the Dodgers go on a long road trip for the Olympics. So as of right now (August 2024) no formal agreement between the Dodgers and the LA28 organizing committee has been made yet, which is why their stadium has not been named the official venue. Not all of the venues have been formalized yet.
All Star Week is close to the Olympic Games. They could send the Dodgers on a road trip then have a week off for the All-Star Game. That will make the facility available. Yeah it would hurt their ratings but I can imagine them working something out. Hell bring up the minor leaguers and have an all-star game with all of the prospects. MLB will still have a huge win with their players playing in the Olympics.
@@andygrisham The MLBPA votes on a new Collective Bargaining Agreement in early 2026. I'm sure part of that will be something related to the 2028 Olympics, so we might not hear anything official until then. Also (unfortunately) Rob Manfred will be commissioner until 2029...so we'll see!
The main reason the LA 84 turned a profit was because all the venues were built. No pouring millions into stadiums Los Angeles had already been constructed and being used.
It's going to get to the point where BOTH the Summer and Winter Olympics will be rotated between a select few cities due to cost (LA being one), and in the Winters case, the weather. It could get to a point then where most or all infrastructure is already in place to hold the Games thus saving immensely on the cost. New things will be needed over time of course, replacement venues or vast overhauls, but then those projects could be done over a span of 15-20 years compared to 8ish or less. Also, more thought could be made into how anything needed could be integrated into the community at large after the Games are over.
Yes. I've thought the same. They can select one city in every of the 7 continents and rotate them. You will still get a cultural variety, too. And if any city can't hold the games when it's their turn, the next city in the rotation could readily host it.
Starting with Rio de Janeiro... Rio 2016 (South America) Tokyo 2020 (Asia) Paris 2024 (Europe) Los Angeles 2028 (North America) Brisbane 2032 (Oceania) ????????? 2036 (Africa ???)
5:41 What do you mean supposedly unrelated to the Olympics? the projects were approved way before L.A. even bid on the games!!! L.A wasn't even thinking about bidding, until New York, & Chicago lost out in 2012, & 2016 respectively.
Correct. Strange wording. And, he doesn't mention that LA actually wanted the 2024 games, not the 2028 games. Another piece of evidence that our public transit projects had ABSOLUTELY NOTHING to do with getting the 2028 games.
@@mrxman581correction LA originally wanted the 2024 games until they realized that said public transportation projects wouldn't be completed in time. They then swapped with Paris.
While this is definitly one of the better Olympics videos ive seen, it also incures the same bull so many others revel in. First, as someone who has a cert in Data science, you cannot include outliers like Beijing Sochi and Tokyo in your analysis. Tokyo is obvious, but both Beijing and Sochi over spent to show off, and both govenrments were more concerned about spectical than making money. Second, the main problems with Olympics is that they tend to come with capital improvment projects that otherwise wouldnt get built but cities were trying for years before the games. These projects often double even tripple costs associated with the games (see that massive bridge to Sochi in Russia). Third, much of the money is often expected to come in from resale of venues or housing such as in Tokyo where Olympics Village apartments can now go for as much as a million dollars (and they all sold from my understanding). Those fees often arent added in but ciritcs of the games nor most finacial analysis of the games as sometimes it can take years for some of these investments to pay off and since public transit is often a main money sucker, that doesnt pay off in traditional way, making it look more like the games were a flop. But the main culperate has always been the IOCs bidding system and their tendency to value glitz over locals. My city has bid on 8 olympics and always planed on reusing facilities. And while it only got up to the IOC level twice (and the World Cup once), both times it was shot down for cities that wanted the grandue of the games (and bribery). Speaking of Bribes we lost whatever World Cup went to Qatar due to bribes. Both the IOC and FIFA are known for massive levels of corruption and strealing profits. Most Olympics would actually turn profits but the IOC often sucks up around 70% of the money made (I need to confirm that). They take all the broadcasting rights, most of the ticket sales and steep fees for any souvenirs. Thats the main problem. Its nice now that they are allowing cities to bid with existing Infulstructure, but as long as massive urban development plans are also on the board that would turn a profit anyway, the games wont turn a profit ether.
In 1984, LA had leverage, and the IOC agreed to better financial agreement for LA. That helped to make the games profitable for LA. And it was the first time the IOC agreed to a largely no-build Olympics.
Paris had to build basically nothing except for one small venue and the Olympic village. They also already had a much much better transport infrastructure than LA. The 1984 Olympics were an exception. If you include security costs, games nowadays cannot be profitable. But of course it makes more sense for big cities to host it. But the next Olympics will be in Brisbane, who will built entirely new venues for almost anything.
Rotating the games between North America ( LA ) , Europe ( London , Paris or Barcelona , Athens ) , Asia ( Tokyo , Seoul ) , Oceania ( Sydney ) and South America ( Rio ) really should have been the way forward. Instead we are gonna get Qatar and Saudi Arabia. You watch. 😢
@@tk80mufa5 most countries don’t want the Olympics anymore. Paris was peak sustainability, but I doubt they will be profitable. But I doubt locking in a handful of cities forever would be a good idea. In a few years nobody would care about the Olympics at all. There are also plenty of cities that would have to build very little but simply don’t want to. Especially in Europe. But the IOC does not care about sustainability and they are happy to receive all the attention of autocrats.
@@tobiwan001 agreed , except for your point about the rotation - 5 continent rotation would mean a 20 year gap between the last time a designated host city had hosted the Olympics , many things change in 20 years , many people who were children or weren't even born or couldn't go the last time / couldn't get tickets etc. would want to attend - i highly doubt people would stop caring with a rotation system - it's still mostly about the sports , not about new host cities. tickets would still sell like hot cakes.
@@tk80mufa5 idk you can see that the last host countries always seem the most interested in the Olympics. The US, Japan, France, China, Australia, UK. And you can also see the fading interest in these countries over a few decades. Going into new history cities and countries is contributing a lot.
@@tobiwan001 what are you basing this supposed " fading interest " on? Like i'd like to see some hard facts. The top 10 - 15 sporting nations always send huge athlete delegations to each new Summer Games edition, and overall tv interest is still huge , even with the time zone differences. Seems to me you're really making stuff up.
When the 28 games were announced for L.A., my family reminisced about the the 3 weeks of zero traffic in L.A. people either left town or just took vacation the stayed home. My parents generation is pretty optimistic about the plan, considering public transit today far suppresses what was available in 84
I'm glad that it looks like Paris has finally bucked the trend. Using existing venues + temporary venues throughout the beautiful city likely saved them billions, and looked way better on TV for tourism.
Can't wait for the LA28 Games!! I think we'll get it done and get it done WELL over the next 4 years. Thanks for the video. So glad we're using mostly, entirely already built venues for most of the Games.
Good luck with both. Paris was my third Olympics trying to be a volunteer and failing and God knows how you can carry the torch without being a national hero or sports star.
@@jhmcd2for the final stretch at the opening ceremony yeah but for the rest of the journey you can just be some random person. Just some well-connected random person.
The last great Olympics in The U.S. were the 1984 Olympics. My family and I went and watched a waterpolo game at Pepperdine University. We got discounted tickets because my father worked for Arco and they were a major sponsor. I predict the 2028 Los Angeles Olympics will be way overpriced and unaffordable. It will be a financial disaster. It is not going to go as planned and will be a boondoggle. I have no faith in The California Politicians. My family and I don’t have the same excitement about the Olympics like we did in The 1980’s. This is mainly because California is sadly not the same place or the same state I grew up in. I don’t really care about the Olympics anymore. This will be the “Rich Man’s Games.”
I hope the people around the world can tour and visit skid row, it's a real eye opener and great tourist hot spot. Hope they do the marathon around Figueroa and 4th st, maybe at late afternoon around dusk. We will have our own LA version cheerleaders where people could take home if they want to spend the night with one.
With all the money saved not having to build stadiums, hopefully they can afford to build a nice condo or something to use as the athletes housing, then sell the units as an affordable housing option. They can afford to provide better than cardboard beds.
Not correct both the 1932 AND 1984 games made a profit and LA remains the ONLY Olympic site to do so. Both the 1932 and 1984 Olympic Games generated profits and the surplus for the 1984 Games helped start the LA84 Foundation, which has provided access to sport to more than three million young Angelenos, including Venus and Serena Williams and Russell Westbrook.
You failed to acknowledge and discuss how in the costs for a host city include non-sporting infrastructure like transport upgrades which are really investments with returns to the lives and fabric of a city. One thing that is weird is to only do the bus system temporarily as it seems that the games expose how obscene a car-based city is.
This is why I'm happy about SLC hosting the Winter Olympics. They've kept up the infrastructure from the 2002 games. And vastly improved transit in the valley. There's not much they will need to build.
Agreed !!! Sydney all in all was a succes as well. Anglosphere countries in general are more pro business and economic minded , which is why i guess they tend to succeed more at the discipline of hosting these events.
@@chrisstiff2914 Still doesn’t sit right with me that Atlanta got that stadium as a ballpark and it lasted barely more than 20 years before the Braves left for their suburban development project. Looks funky (and generally empty) for Georgia State football. Truth is, the local organizing committee and the IOC had a really contentious relationship during the Atlanta games and I’d not put odds on a return for at least another century. Probably longer.
I'm already embarrassed that the venues L.A. is planning to use for the major sports and ceremonies look very very old, but not old enough to be historic. We should put on a show for the world and not just think about doing it as cheaply as possible.
That’s why it’s not that many countries in the world want to host the event like used to be, it cost so much money to build venues for 2 weeks event and abandon after that, look at Athens and Rio , especially country like Brazil , spent billions for Olympic and at the same time their citizens are living in the slum , they could’ve spent that money to build infrastructure and improve their people live , there’s nothing more important than your own people , who cares about the bragging rights to host Olympic They had this segment on TH-cam not long ago
The definition of the cost remains arguable, for example: in 2008 Beijing games, a large amount of money went to build new roads, new subway lines, and a new airport terminal, these are permanent improvements for infrastructure. In comparison, how much infrastructure did London or Paris improve?
For Paris: - The Seine being swimmable advanced a lot (though not being completely clean as of today), the Olympic village will become a residential area in an overcrowded region. But most of all, a metro line connecting the Orly airport to the center of Paris was completed. And I don’t mention all the cycling lines that were also finished because of this. The Paris’ mayor said it accelerated all projects around the city, of 10 to 15 years.
@@fyhr__ so really just 3 minor projects , can't count the Seine one , even Orly is debatable as it's not the main airport , and the "village" is located in Saint-Denis - a literal no go area. Cycling paths - wouldn't recommend cycling in Paris with these chaotic car drivers !!! All in all , no significant changes as expected , because Paris is already too dense and build out to make huge changes.
@@tk80mufa5 it isn’t on the same level of Beijing yes, but to discount those as minor projects is ridiculous. The main point was that yes these projects weren’t created specifically for the Olympics, but were accelerated a lot because of it. Having a swimmable seine in the future would be a game changer, you just have to look how the swimmable river in Berne is used to its fullest by people there. Then the extension of metro line to Orly is insane, it’s super useful, even though Orly is smaller than Charles de Gaulle. This is a game changer to be able to just hop into the metro and reach the airport than to rely on taxis to go there. Even though Orly is smaller, it still is widely used. Also wanting to compare the infrastrutures created by Beijing and Paris can’t be done objectively when one cost 50 billions and the other one around 10 billions. The main objective of the Paris Olympics wasn’t to rebuild its city, but to dynamize its economy, accelerate some projects around the city (I gave only some examples but there are more), and show the modern Paris to the world.
@@fyhr__ are you French ? I really do not care about the Beijing comparison as it is a city and country i would never want to visit. I basically wanted to say , Paris can't really be changed much , as it is perhaps already the most visited intact open air museum anyway , and to me that was a plus point. The point about Orly Metro - ok , but the connection to CDG is 10 times times - maybe 20 times - more important, no? CDG is the gate to the world for Parisians & France in general. The point about the Seine is completely absurd - first off , why would anyone care to swim there? Try asking people in London , Berlin , Rome if they care to swim in their city river. It's a silly idea to begin with. But what does one expect from Hidalgo & the likes of her anyway? Secondly , it is still extremely contaminated , multiple athletes got hospitalized after partaking in Triathlon / Marathon Swimming there. To top it all off you throw in the bizarre Switzerland comparison - lakes and rivers there are SUPERBLY clean and famous for its water quality. If there is one thing Paris & France are infamous for ..... it's its dirtiness. Also look at the population overall as well as the population density difference between Paris and Bern - both cannot be compared. To make the Seine swimmable - they would first need to permanently remove all the tourist boats , and then in a way more complicated phase - that would probably take 100 to 150 years ( IF there was the political will to push that megaproject through & IF there was money , which there isn't , as France is closing in on insolvency / debt default - that's two major IFs ) - to rebuild / improve the sanitation system and bring it up to modern standards. Something that would likely include lifting up every building block individually , and then starting to work underneath the building which could then be accessed. Technically possible yet extremely time , equipment & resource consuming. Not to mention the expected protesting NIMBYS ....... and the expected minor damages to historic buildings. Paris is already mostly great , mainly its scenery and architecture - the inhabitants however - not so much. The city would be better off being empty. Like i said - should be turned into an open air museum.
As i understand IOC have problems to find cities to host the Olympics and what I don't understand is why they host it themself, in a village/venues specifically built to their egulations and needs. This way they can control the costs. year round facilities for athletes to train on and in. One for winter Olympics and one for the summer or a combination of both.
If LA can’t make it profitable I doubt any city will be able to in the foreseeable future. I don’t think any city in the world is as equipped as LA is to host the Olympics.
I literally just watched a video on how bad the homelessness and crime is in LA. They really need to get all of that under control before they host the Olympics in my opinion
i’m all over DTLA and all throughout the County and I can tell you that they’ve already started.. of course there are still areas and streets that are bad, but the media especially Fox will make you believe that every block is littered with homeless and it’s just not true. I ride the Metro often and again yes we have millions of people and there are certain station they hang out but most are clean and plenty of security/police.
LA actually has among the lowest violent crime rates of larger cities despite the distorted claims from clickbaiters, and the rate is much lower than it was in the 80s when LA last hosted.
0:10 in and already twisting the truth. No need to exaggerate or twist facts -- yes the LA olympics in 1984 did well, but the 1908 Summer Olympics in London is known as the first Olympics to "make a profit" based on net gain based on the operating budget. The 1932 Olympics in LA also supposedly turned a profit. London managed to turn a profit again in 1948. Both Olympics in 1984 (the Summer Olympics in LA and the Winter Olympics in Sarajevo) turned a profit. Then you say nobody turned a profit ever since - yet Calgary and Seoul both did in 1988 (with Seoul making a record profit). Then so did Barcelona in 1992, Atlanta in 1996 (copying LA's 1984 model), Salt Lake City in 2002, Beijing in 2008... There's no point even discussing Tokyo, because they had such an extreme set of circumstances you shouldn't consider them as evidence that "Olympics don't turn a profit". I'd agree that Rio and Athens were disasters, given how much infrastructure is left to rot after the Olympics, however consider the unquantified gain to the community of infrastructure projects in well organised host cities, such as transportation improvements that can leave long lasting benefits to the city. Consider Sydney or Montreal where infrastructure built for the Olympics there is now an important part of many peoples' lives.
L.A. always does OK with a major sports event, whether it's the 1984 Olympics, Super Bowl, soccer and so on. I see no reason they won't turn a profit again, especially since there is no reason to build massive new stadiums and can use what they have with a bit of refurbishing and reconfiguring.
The local city and country should have not liability towards an event like this. If it doesn’t turn a profit then the IOC should be on the hooks for it. Then they will be incentivized to lower the burden to the host city so they all are profitable.
I was just in LA down town, real dump, they need to clean that joint up for sure, streets smelling like urine all over, bums every where laying around begging for money and getting mad at you for not helping them SMH, one bum had the nerve to look me up and down and shake his head at me. I thought that was funny. I use to be so in love with Southern California, not any more. I went to Sofi they gave me the whole run down on the Olympics it was so cool.
They're gonna play softball in OKLAHOMA?! Why not just play softball on the Moon? They literally can't find a damn softball diamond anywhere in California?!
Biggest softball specific stadium in LA seats just 1300 (UCLA). The OKC stadium, which hosts the Women's College World Series, seats 13,000 and was recently renovated.
The Little League and the college World Series is normally taken place in Oklahoma because of the infant structure that they’ve spent money on to make sure that there’s enough room for all those fields for sports such a softball and baseball. It’s a good idea for them to do it over there instead of having to fly teams back-and-forth like the world baseball classic.
Selling the buses will bring extra revenue. LA did the same thing in the 1984 and Atlanta did the same in 1996, purchased a lot of buses before hand then selling them after the Games and made extra money off of it.
I always wondered why doesn't LA use the sports facilities of high schools for either training arenas and possibly certain events like the facilities at Mater Dei High or if they want to keep them strictly in Los Angeles county why not Harvard westlake or if not go to the east side if Los Angeles and use the facilities of schools like the community college of east la, or Roosevelt high school, Garfield high school, or use the facilities at Cal state la like they did in 1984
Stupid photo of the olympic swimming pool of Rio 2016. It was a temporary structure that no longer exists. The Olympic Park still beatiful and being used.
Yes. Almost all venues were already built. They only built one small swimming stadium (for synchronized swimming etc) that will be used after the games as a stadium and as a pool for local people A few other venues were temporary and will be moved and used in other cities in France after the games : - the temporary pools in La defense arena will be installed as pools for local people in other cities - 5 temporary open air stadiums will be used in other places in france (for specific events, festivals etc) : it was the stadiums for beach volleyball and archery near the Eiffel Tower, the Concorde place stadiums, and the temporary venue in Versailles Castle for horse-riding. - same for the temporary in door stadium in the Grand Palais for fencing.
Major part of allocation shall be for marketing campaign to promote LA olympics as the best ever. Bagels await all the athletes for breakfast. I imagine this shall be similar to Paris which had no ACs and food in the village touting it as the ‘green’ olympics. US has lost the ability to build anything anymore- so, there is no choice but to use existing infrastructure however it is..
LA just build two 3 billion dollar stadiums a few miles away from each other not to mention the two other MLS soccer stadiums they just built for LA galaxy and LAFC. It's only a matter of time before the charges want their own billion dollar stadium.
The Olympic Village will be in UCLA's dorms which are fully furnished and air-conditioned with a lot of amenities already in place to support thousands for a whole school year, let alone a couple weeks. The food options on campus are also plentiful. It will literally be the opposite of Paris's village situation.
Why they can play cricket at dodger stadium even at the Anaheim angels stadium. LA has so many stadiums. What is so special about cricket that they need to spend millions on it.
@@felipenunez2058 Cricket field is oval not diamond.. & it's no 2 sport in the world.. Watch cricket, you will see what so special about it.. There will be a stadium in LA with cooperation of MLC(ace) either way..
@@iamphull it's only #2 becuase of Indian population its not popular in the states my guy. You know you can manipulate the fields right they can play cricket at the rosebowl. I've seen cricket its not for me.
@@felipenunez2058 no cricket can't be played in a diamond.. Cricket has 20 teams in T20 world Cup.. & 15 in ODI world Cup.. Cricket has a stadium in Texas, Florida & a ground in North Carolina.. & till LA28 there will be a stadium in Seattle, LA & Washington..
@@iamphull again my guy stadiums in the US have the ability to move seats around to make them however the field needs to be for that sport. Oakland As and the raiders use to share a stadium. They can even be played in the soccer stadiums like I said LA is not spending millions on a stadium for a sport not popular in the US,
Didn't he specifically say Summer Olympics? None have turned a profit since LA 1984. Calgary (1988) and Vancouver (2010) were Winter games, which have significantly less overhead because the bulk of the venues are already in place in "Winter Sport" areas. And I'd really be interested to see where you came up with the information about Vancouver breaking even, because from the release financials it sure look like the 2010 Olympics put the province of British Columbia in 24 billion dollar of debt. And the auditor-general never compiled an official post-games audit. References: October 23, 2013 "Vancouver Olympics Worth the $7 billion prices tag" by Mark Hume from the Globe and Mail. AND "Vancouver's Recession-Rocked Olympics Left a Mixed Economy Legacy" December 5, 2014 The Metro Vancouver. I don't know where you're getting your numbers that Paris will turn a profit. There are articles saying it 'could' generate between 7 and 12 billion in gross profits; but those are speculative; the only hard fact so far is prior to the events starting, they had spent 8.2 billion. And like with London, some of their event-builds will have to be sold after and they may lose money on that London lost tons of money when they sold the Village location. It cost 1.1 billion to build and only sold for 557 million. A net loss of over 275 million.
Yep, and people will pay. We in LA are used to high prices, plus everyone will think "well, how many Olympics will you experience in your life? It's worth it!". Which I suppose is fair -- consumers will self-select, and the Games will adjust prices if needed (if I recall, London started discounting tickets to entice locals). Already have many coworkers saying they're putting money aside to afford tickets and merch for the next 4 years!
Security is a major cost & it looks like, from the comments, the feds have it covered...which, for an event this MASSIVE.......it makes sense. Here's hoping WWE tries to run a Wrestlemania that year in LA.
Why not? OKC has the best softball venue in the world and the US canoe team already has a world class facility there also that athletes around the world come to train. It's not unusual for the "niche" sports in the Olympics to have offsite venues.
@@nightflyer3242 i’m not opposed to it i just find it strange that it is so far offsite like it might as well not be apart of the olympics if it is that far from los angeles
@@nikeprojockit is very interesting to spread some competitions in other cities especially if you can avoid to create a venue that will not be used anymore after the games Also it contributes to « associate » other cities and other population to the Olympics and works very well with the population of these cities who are proud of it and they have the chance to go to the games close to their homes. In France, we had : - soccer and rugby was spread in many stadiums across the country with great results (huge crowds even for some uninteresting plays 😅) - sailing in marseille was great with a lot of public - basket and handball in Lille (1 hour with the train from Paris) was HUGE. Many people came from the north of the country and also from Europe (and especially from neighboring countries Netherlands, Belgium, Germany etc). Again, accommodation and hotels were easier to find in this city. - and also surf was in Tahiti (well they could have gone to Biarritz in the south of France). But it was very profitable for the oversea territories in pacific region and it was also a different time zone (more accessible for the viewers in north and south America and asia).
Interesting fold in this would be that the recent costs of some of these venues is significant ($7bn + total) and some of those costs have already been passed on to the taxpayer. It bares scrutiny to compare revenues vs the stated Olympic budget AND the total cost of recent construction and renovations for the taxpayer outside of the stated olympic budget. SoFi did not come cheap, and I suspect its cost is not included despite completion only a couple of years ago.
The SoFi Stadium is the home of the LA Rams and Chargers, Two very popular and Profitable teams. The Venue is expensive ($5B) but at the very least it has a fiscally sound plan to pay it off.
Sofi stadium was privately funded. As is the new Intuit Dome. The Colosseum belongs to LA, but USC got a long-term lease because they invested $400 million in renovations and upgrades. USC is a private university. Los Angeles has a long history of being very stingy, with taxpayer funding going to help build private infrastructure. The latest example is the current construction of the George Lucas Museum.
@TheOtherKine I kinda knew, but if you're being funny then it's funny, but you think it's actually going to happen, then you're a turd cause you never know nowadays people are delusional.
@@Stevenimich Look up 1994 Northsidge Earthquake. Then look up "rainwater causes earthquakes." Then look at the weather prior to 94, for a couple years prior.
I lived thru 1994 Northridge. Since then, I studied earthquakes a bit. Look up Rainwater causes Earthquakes. Then look at the weather in the 3 years prior to 94. Now look at what we are seeing this year, and look at the rain we just had.
Honestly, spending money on transit shouldn't be seen as a 'loss' anyway, in the same way that spending money on roads shouldn't be seen as a loss. Spending billions on empty stadiums might be a waste of money, but spending money on transit will benefit LA for decades long after the games.
The new Canada line built for the Vancouver 2010 Olympics is priceless. Before you had to take multiple buses and transfer in the middle of nowhere if you wanted to take public transit from the airport. Now just one fast sky train to downtown which also connects a ton of good stuff and even connects into Richmond.
Having said that, while transit infrastructure should not necessarily be considered a “cost”, the fact that LA will need to buy a ton of buses and then sell the excess (presumably at a loss), should count as a cost, since the benefit of those buses will only be realized during the games.
Paris Grand Express 2030 will turn Paris Transport Network into the best in Europe and easily top 3 in the world.
They used the Olympics as excuses to start their biggest Transport Expansion Plans ever. Only part of it got finished up before the Olympics but that doesn't really matter because this will benifit Parisiens for decades to come.
everything is true except LA is building you need cars to use rail systems. Those do not help.
Forget about carfree. It's not going to happen.
I don't drive, I have lived in LA for 40 years. The previous promised transit improvement did not help us, non car drivers. I expected the same promises to be broken again.
@@commentorsilensor3734You don't need cars to use the rail systems if you live close to a station (and there are many).
The same issue exists even in cities considered to have the best public transportation in the U.S. like NYC.
If you live in Manhattan or west Queens/Brooklyn, you have easy access to transit. But if you live in southern/eastern Brooklyn you have less options or none.
In LA, downtown, the SFV, parts of the SGV, westside, and South Bay have adequate options. Just keep in mind where transit is when choosing where you want to live.
@danmur2797 hmm, obviously you don't know LA and New York.
Many New Yorkers are stuck in New York because of excellent public transportation. Unless New Yorkers are ready to drive.
Public transportation in LA is joke.
Only small part of Downtown LA is like New York.
Public transportation in SGV n SFV is biggest joke.
The buses on Ventura Blvd. N small part of Valley Blvd, n Venice Blvd, Sunset Blvd have one frequent bus per each road. The rest areas are terrible.
You are kidding by saying live near by train stations. That is the best insults selfish train lovers can come up.
The real estate are so expensive that people can afford TESLAs can afford small apartments near train stations. Yes, there are shopping centers n restaurants, but you need jobs to pay for expensive living. Most jobs are far away from train stations.
How about hospital, Dr office, n other amenities.
Selfish train lovers keep saying why don't people live near train stations. That's not even practical for train friendly countries. Rich people near train stations. Other people live little further . They take buses to train stations n transfer buses.
Many train lovers cannot give up cars. That's the reason big parking lots at each station. That's biggest joke.
Train lovers like you come out all the weird to kill local bus service improvement. That's another reason we cannot build rail unless local bus service are improved. We cannot build HSR unless each city has New York style public transportation.
So many train supporters are sleeping with auto and oil industry
Londons Olympics might not have turned a profit during the 2 weeks of the games but every venue is still in use and a once dirty and derelict area of London is now one of the most vibrant and beautiful spaces in the capital.
There's lots of 'Abandoned Olympic venues' videos on youtube. You wont find London in a single one of them.
Nor will you find anything on Sydney that is "abandoned" because like London Sydney build on what was a brickworks and a abbatoir and turned into what now is a new suburban area with sports facilities that are still used today many are utilised by local rugby league and AFL teams and there's even been a FIFA World Cup final in 2023 in the main stadium which was refurbished further with a new videoboard for the event
L A still has a surprising number of venues in use that date back to 1984 (and in a few cases, 1932). When a US city rolls out an Olympic Games, or World Cup, we're not building much in the way of new venues. We're mainly upgrading infrastructure. Much like London, there isn't a whole lot of stuff that doesn't see use past an Olympic Games. I suspect a lot of this can be said in North America, as well as Western or Central Europe.
The area used for the Olypics had been earmarked for urban regeneration pror to London getting the games.
If you take out the cost of turning an industrial waste land into somewhere that was usable the London games made a profit too.
Also the only overspend was for the cleaning up.the land. The Infastucture for the games came in on time and below budget
That's interesting. They should be planned that way, creating lasting effects that help the locals. I am sure London and Sydney had a lot of existing facilities too, given that they are well developed countries. It would be really dumb for some cities to waste taxpayer money to build venues solely for the Olympics. It is also sad that it is only during events like this that cities would pour in money to upgrade / clean up their infrastructure or their streets/crimes. LA would be a major one with recent crimes and homeless crisis.
@@peteshek9486 isn't LA Heavly investing in public transport.
One of the major concerns about LA is the high levels of pollution
I have a feeling LA will make it profitable again…. I personally stay far from LA as much as possible, but that city has shown that it can easily hold world class competitions without any problems.
I always look back to the World Cup of soccer that was held there twice in a row because another city showed it wasn’t ready. LA picked it up without a hitch!
Ummmm actually it was the FIFA Women's World Cup, and the reason it was held in L.A. twice in row HAD NOTHING TO DO WITH CHINA NOT BEING READY!!! Rather it was the 2003 SARS outbreak that caused the move!
@@subman721Ain't no way you just hit him with the, "um ackshually 🤓☝️"
@subman721 He didn't say it wasn't the woman's World Cup. LA can step in at the last minute better than any other city in the world.
I was a volunteer van driver at the LA 84 Olympic games. It was the best time in L.A. No traffic. No smog. Everything ran smoothly and city made a huge project. The city will have much more transit in 2028 than there was in 1984.
L.A. will be successful again and know how to put on a big show. The already built venues for sports will be in more abundance, size and modernity than nthey were in 1984.
The Paris 2024 games are profitable. They beat the Atlanta 1996 ticket sales record.
LA should get commitments for the bus sales in advance and do a sales campaign where the cities buying them can advertise their cities on the busses
i don't think it's cities that should be buying into advertising. Should be places like Universal, Disney and Six Flags. Those will be the hot spots for all the tourists coming for the olympics.
Or we should just keep the buses and really give Angelenos a world class public transit experience.
@@thebookofcurtisagreed. Hopefully this will be the beginning of a new LA transition renaissance
@@thebookofcurtis yea .... cause were totally going to get rid of our cars and ride a bus
@@kawkasaurous I say leave the lanes for the lovers and let the computers handle the commuters.
Cars will be like Horses. In 100 years (or less) the only reason someone will own a car is for fun. Not because they have to have one to get to work.
Another major cost is security too. LA 2028 may be required by the city, state, and federal government (along with the IOC) to provide way more funding for police and security than anticipated. I believe that also ballooned the Paris 2024 costs. Especially since the IOC knows LA28 won't be spending money on building stadiums and the Olympic Village.
Olympic village will use UCLA student dorms.
casey wasserman has said that the federal government will take the lead and provide security. any cost overages will come from the city and state. so all the feds gotta do is take care of the security 😬
@@williamlloyd3769 There's so many colleges near LA, if UCLA isn't enough they can borough from others like UC Irvine
LA Times February 6, 2022: "Security will be handled by the U.S. federal government with an agreement signed by the LA organizing committee and Department of Homeland Security (DHS) in February 2020, but it will not be involved in the Games' funding, covering only the aforementioned security costs"
@@tjs114The federal government has also contributed some funding towards expediting some transportation projects in LA.
I live in Murrieta and have run races at the Temecula downs for cross-country! It’s wild to think that the olympics will be held so close to where I live.
You gon go or no 👀👀👀
Finally, someone who knows that the past participle of ''to run'' is ''run''. Thank you.
That’s in the IE and that is still far.
I live in Temecula, I dread the traffic, we have 4 years to finish these streets 😅
I heard the Esquitarian "something" will be held here too
Proud to be a 5th generation Angelino. Despite all the hate we get and California in general, we do it right here and the profitability of the '84 Olympics as an exception to everyone else financial catastrophes are just another example. Yes, it's expensive to live here. Yes it's crowded. Yes, traffic sucks. Yes, taxes are high. Yes, the rest of the country buses their homeless population here.
What we get with all of that is an incredibly robust and diversified economy that is unmatched outside of a few special places like NYC, London, Tokyo, etc. We get paid more for the same jobs here to offset higher cost of living, there are more jobs to go around, especially ones requiring higher skills and education. Our options for entertainment, culture, and cuisine are unmatched.
I love California, I especially love Los Angeles, and if you have a problem with that, that fact is much more a reflection on your own place of residence, life circumstances, and personal insecurities than anything about the City of Angels, or the Golden State in general. The USA would collapse without our federal tax dollars flowing out to subsidize all the poverty stricken flyover states where people supposedly have more "freedom". Businesses also have more freedom to fire you without cause, landlords have the freedom to triple your rent without reason, industries have the freedom to poison your water and air without fear of repercussions. Keep poppin those Xannies rednecks, that's the only way to keep your fever dream hate boner for us alive.
As goes California, so goes the nation. California uber alles, Moonbeam!
Very well said, couldn't agree more.
I am a third generation Californian and I disagree with you on almost every point. I can hardly wait to escape. California now is not the California I grew up in during the 70’s & 80’s. I don’t hold out much hope for these Olympics because the tickets and everything else will be extremely overpriced.
@@BackyardBeeKeepingNuevowhat did he say that was wrong? Other states bussing their homeless here? Because Texas and Florida are famous for that. Or how California’s economy is detrimentally important to Americas economy? Because that’s true. Americas tech, agriculture, and entertainment industry depend on California. Or how California “gives less freedom” to businesses by protecting the employed? Hmmm..
@@zaya6584 I’ll start with “we do it right here” and end with that as well. We have an extremely Anti-2A Government. Our politicians have hamstrung our police. We have very soft on crime D.A.’s and judiciary. Not to mention the “train to nowhere.” The handouts to people who broke our laws by entering the country illegally and pay no taxes and only take from the system and suffer no repercussions. Out state is Billions in The Red. The State is Anti-business. The list is endless. So I will end with we don’t do it right here. I disagree with the person who posted the comment. It’s not a personal attack it’s just a difference of opinion.
I like this guy.
LA is set up to do it better than anybody. LA already has the 2 most expensive stadiums in the world. Where Chargers and Rams play at Sofi is the most expensive state of the art stadium in the world. And the Clippers new home is second behind them
The lasting legacy of Paris 2024 was the building of temporary pools in existing stadiums. I don't think anyone is going to build a purpose-built aquatics venue again (unless they have one sitting around.)
True but I have some questions about LA. SofiStadium is for swimming and opening or closing ceremony ? In Paris its took 28 days to build the swimming pool (pool, stand, screens all things) inside the Defense Arena. You american may be strong, but I can't imagine than the swimming pool can be builded and disassembled in less than 15 days. The olympic game last 17 days.
@@winphet Perhaps the pool can be built with a removable cover? Or will synchronized swimming be a part of the ceremony? That would be very “old Hollywood” of us.!
@@wendypierce5621That’s exactly what they’re doing. The temporary competition and warm-up pools will be already built and covered during the opening ceremony at SoFi. Afterward the opening ceremony, a temporary stand will be constructed while athletes train in the leadup to the start of swimming.
@@mud.killer Are you serious ? A venue not finished at the beginning of the game, contruction and training will go on at the same time and same place. There is something incoherent in the use of the SofiStadium, I think LA saw the result in Paris and list what they can do, juste list the venues but not yet assemble all together.
A place like Los Angeles probably has several.
I lived in LA in 1984 and worked as a messenger/courier and there were no issues during the games.Traffic was less because biz staggered schedules.
True, and the city banned semi trucks during regular working hours.
@@LuckyPierre789 the traffic was awesome during the games
Those were much better times in California and just about everyone looked forward to the games. It’s not the same now.
Haha, I find traffic seem to decrease whenever an event happens, guess government told them not to drive or alternate schedules…
@@Gary-vv5gt I hope they use those same tactics again so I can get to my job sites and back home quickly.
i saw Rammstein at the LA Coliseum it was amazing, they even lit the Olympic flame for the concert! i drove all the way from Canada and the venue did not disappoint! the only thing i can't even imagine is the traffic congestion the olympics will have in LA, cause even when i was there 2022 it was an absolute nightmare and i heard it was still less than it was pre-covid.
I seem to like both stadiums, sofi for futuristic looks and coloseum for an old school feel….
Is LA (surprisingly, as a Southern Californian by birth) not one of the few host cities that managed to effectively use the Olympic venues post-Olympics? The "billions" have already been saved, Memorial Stadium is in constant use. This state was run so differently back then, it's wild
The "no car" twist is an interesting one. I imagine it will help reduce costs for security screening... cut down on car theft/break-ins. Better flow control of people, if managed correctly. It's a boring, but smart, move.
The 1984 games were already "car-free" and relied mostly on buses
@@francoisb.4453 1984 was before the modern LA traffic became hellish. Im skeptical on that car free promise
A lot of people try to leave the city when the Olympics comes to town.
The Los Angeles Dodgers organization supported and cooperated with LA28 organizers since the bid stage. It's all but likely it will be the main baseball venue in 2028, but Major League Baseball has yet to decide what to do during the 2028 season with the sport being an Olympic event in the US with professional athletes qualifying for it for the first time (in Atlanta 1996, only amateurs were able to play Olympic baseball back then). They might do n NHL-like hiatus and let players play for their respective countries, or just have a regular season without many players participating in the games and make the Dodgers go on a long road trip for the Olympics. So as of right now (August 2024) no formal agreement between the Dodgers and the LA28 organizing committee has been made yet, which is why their stadium has not been named the official venue. Not all of the venues have been formalized yet.
I hope they work soemthing out
All Star Week is close to the Olympic Games. They could send the Dodgers on a road trip then have a week off for the All-Star Game. That will make the facility available. Yeah it would hurt their ratings but I can imagine them working something out. Hell bring up the minor leaguers and have an all-star game with all of the prospects. MLB will still have a huge win with their players playing in the Olympics.
Just forget Allstar week.
Olympics baseball would be much more entertaining.
@@SuperCatacata They should have an "All-USA Team" vote instead!
@@andygrisham The MLBPA votes on a new Collective Bargaining Agreement in early 2026. I'm sure part of that will be something related to the 2028 Olympics, so we might not hear anything official until then. Also (unfortunately) Rob Manfred will be commissioner until 2029...so we'll see!
Correction, no Summer Olympics have been profitable since LA, but Winter Olympics has like Salt Lake City 2002.
Came in here to say that!😊
Seems incorrect to me , at least Atlanta 1996 and Sydney 2000 were really succesful.
@@tk80mufa5 the numbers in the video also don’t consider the overall economic impact for the host cities, which is in the billions.
Great video. One point: there’s no mention of where indoor cycling/Velodrome events will be held
@@Gerraffieat existing velodrome in Carson at Dignity Health Sports Park
The main reason the LA 84 turned a profit was because all the venues were built. No pouring millions into stadiums Los Angeles had already been constructed and being used.
Yeah that’s what the video said
And LA will have more and even better venues in 2028.
It's going to get to the point where BOTH the Summer and Winter Olympics will be rotated between a select few cities due to cost (LA being one), and in the Winters case, the weather. It could get to a point then where most or all infrastructure is already in place to hold the Games thus saving immensely on the cost. New things will be needed over time of course, replacement venues or vast overhauls, but then those projects could be done over a span of 15-20 years compared to 8ish or less. Also, more thought could be made into how anything needed could be integrated into the community at large after the Games are over.
Yes. I've thought the same. They can select one city in every of the 7 continents and rotate them. You will still get a cultural variety, too. And if any city can't hold the games when it's their turn, the next city in the rotation could readily host it.
Starting with Rio de Janeiro...
Rio 2016 (South America)
Tokyo 2020 (Asia)
Paris 2024 (Europe)
Los Angeles 2028 (North America)
Brisbane 2032 (Oceania)
????????? 2036 (Africa ???)
@@mrxman581 “7 continents” Okay, I’ll bite, where are they going to be holding the games in Antarctica?
@@Rafael-n8r3kit will tricky to host in Africa. So many factors would hinder it
5:41 What do you mean supposedly unrelated to the Olympics? the projects were approved way before L.A. even bid on the games!!! L.A wasn't even thinking about bidding, until New York, & Chicago lost out in 2012, & 2016 respectively.
Correct. Strange wording. And, he doesn't mention that LA actually wanted the 2024 games, not the 2028 games. Another piece of evidence that our public transit projects had ABSOLUTELY NOTHING to do with getting the 2028 games.
@@mrxman581correction LA originally wanted the 2024 games until they realized that said public transportation projects wouldn't be completed in time. They then swapped with Paris.
While this is definitly one of the better Olympics videos ive seen, it also incures the same bull so many others revel in. First, as someone who has a cert in Data science, you cannot include outliers like Beijing Sochi and Tokyo in your analysis. Tokyo is obvious, but both Beijing and Sochi over spent to show off, and both govenrments were more concerned about spectical than making money. Second, the main problems with Olympics is that they tend to come with capital improvment projects that otherwise wouldnt get built but cities were trying for years before the games. These projects often double even tripple costs associated with the games (see that massive bridge to Sochi in Russia). Third, much of the money is often expected to come in from resale of venues or housing such as in Tokyo where Olympics Village apartments can now go for as much as a million dollars (and they all sold from my understanding). Those fees often arent added in but ciritcs of the games nor most finacial analysis of the games as sometimes it can take years for some of these investments to pay off and since public transit is often a main money sucker, that doesnt pay off in traditional way, making it look more like the games were a flop. But the main culperate has always been the IOCs bidding system and their tendency to value glitz over locals. My city has bid on 8 olympics and always planed on reusing facilities. And while it only got up to the IOC level twice (and the World Cup once), both times it was shot down for cities that wanted the grandue of the games (and bribery). Speaking of Bribes we lost whatever World Cup went to Qatar due to bribes. Both the IOC and FIFA are known for massive levels of corruption and strealing profits. Most Olympics would actually turn profits but the IOC often sucks up around 70% of the money made (I need to confirm that). They take all the broadcasting rights, most of the ticket sales and steep fees for any souvenirs. Thats the main problem. Its nice now that they are allowing cities to bid with existing Infulstructure, but as long as massive urban development plans are also on the board that would turn a profit anyway, the games wont turn a profit ether.
Great comment! 👍
In 1984, LA had leverage, and the IOC agreed to better financial agreement for LA. That helped to make the games profitable for LA. And it was the first time the IOC agreed to a largely no-build Olympics.
Paris had to build basically nothing except for one small venue and the Olympic village. They also already had a much much better transport infrastructure than LA.
The 1984 Olympics were an exception. If you include security costs, games nowadays cannot be profitable. But of course it makes more sense for big cities to host it. But the next Olympics will be in Brisbane, who will built entirely new venues for almost anything.
Rotating the games between North America ( LA ) , Europe ( London , Paris or Barcelona , Athens ) , Asia ( Tokyo , Seoul ) , Oceania ( Sydney ) and South America ( Rio ) really should have been the way forward.
Instead we are gonna get Qatar and Saudi Arabia. You watch. 😢
@@tk80mufa5 most countries don’t want the Olympics anymore. Paris was peak sustainability, but I doubt they will be profitable. But I doubt locking in a handful of cities forever would be a good idea. In a few years nobody would care about the Olympics at all. There are also plenty of cities that would have to build very little but simply don’t want to. Especially in Europe.
But the IOC does not care about sustainability and they are happy to receive all the attention of autocrats.
@@tobiwan001 agreed , except for your point about the rotation - 5 continent rotation would mean a 20 year gap between the last time a designated host city had hosted the Olympics , many things change in 20 years , many people who were children or weren't even born or couldn't go the last time / couldn't get tickets etc. would want to attend - i highly doubt people would stop caring with a rotation system - it's still mostly about the sports , not about new host cities. tickets would still sell like hot cakes.
@@tk80mufa5 idk you can see that the last host countries always seem the most interested in the Olympics. The US, Japan, France, China, Australia, UK. And you can also see the fading interest in these countries over a few decades. Going into new history cities and countries is contributing a lot.
@@tobiwan001 what are you basing this supposed " fading interest " on?
Like i'd like to see some hard facts. The top 10 - 15 sporting nations always send huge athlete delegations to each new Summer Games edition, and overall tv interest is still huge , even with the time zone differences.
Seems to me you're really making stuff up.
4:08 "Soon to be completed Intuit Dome..."
Good news, it officially opened the same day this video was posted.
los angeles has a riches of venues few cities can match.
First video I've seen from you. Subscribed!
When the 28 games were announced for L.A., my family reminisced about the the 3 weeks of zero traffic in L.A. people either left town or just took vacation the stayed home. My parents generation is pretty optimistic about the plan, considering public transit today far suppresses what was available in 84
I'm glad that it looks like Paris has finally bucked the trend. Using existing venues + temporary venues throughout the beautiful city likely saved them billions, and looked way better on TV for tourism.
Can't wait for the LA28 Games!! I think we'll get it done and get it done WELL over the next 4 years. Thanks for the video. So glad we're using mostly, entirely already built venues for most of the Games.
I live in the Coachella Valley and I can not wait for the Olympics!
This will be my second Summer Olympics in LA, I’m really excited and looking forward to all the people coming from all over the world.
I am going to be a volunteer at the 2028 Summer Olympics. I would like to carry the Olympic Torch.
Good luck with both. Paris was my third Olympics trying to be a volunteer and failing and God knows how you can carry the torch without being a national hero or sports star.
@@jhmcd2 Friends of mine did, they just needed to enlist...
There are many many famous people who would be the torch bearer
@@jhmcd2for the final stretch at the opening ceremony yeah but for the rest of the journey you can just be some random person. Just some well-connected random person.
You would have to apply to be a volunteer. That's what I'm doing. The spots are limited
Dodger stadium and the RoseBowl could also be used for events, LA is ready to host right now
Rugby 7s for RoseBowl?
It’s gonna be crazy hot for the events in the coliseum
Your channel is undervalued in terms of subscribers
Great content! Keep it up!
The last great Olympics in The U.S. were the 1984 Olympics. My family and I went and watched a waterpolo game at Pepperdine University. We got discounted tickets because my father worked for Arco and they were a major sponsor. I predict the 2028 Los Angeles Olympics will be way overpriced and unaffordable. It will be a financial disaster. It is not going to go as planned and will be a boondoggle. I have no faith in The California Politicians. My family and I don’t have the same excitement about the Olympics like we did in The 1980’s. This is mainly because California is sadly not the same place or the same state I grew up in. I don’t really care about the Olympics anymore. This will be the “Rich Man’s Games.”
I hope the people around the world can tour and visit skid row, it's a real eye opener and great tourist hot spot. Hope they do the marathon around Figueroa and 4th st, maybe at late afternoon around dusk. We will have our own LA version cheerleaders where people could take home if they want to spend the night with one.
With all the money saved not having to build stadiums, hopefully they can afford to build a nice condo or something to use as the athletes housing, then sell the units as an affordable housing option. They can afford to provide better than cardboard beds.
Pretty sure they're just going to use the UCLA dorms as the olympic village. Don't need to build an olympic village at all, either
You failed to mention the genius of Peter Ueberroth in the making of the 84 games... So much so he was named as Time's "Man of the Year".
Not correct both the 1932 AND 1984 games made a profit and LA remains the ONLY Olympic site to do so.
Both the 1932 and 1984 Olympic Games generated profits and the surplus for the 1984 Games helped start the LA84 Foundation, which has provided access to sport to more than three million young Angelenos, including Venus and Serena Williams and Russell Westbrook.
L O S A N G E L E S !!! Greatest city in the world !
You failed to acknowledge and discuss how in the costs for a host city include non-sporting infrastructure like transport upgrades which are really investments with returns to the lives and fabric of a city. One thing that is weird is to only do the bus system temporarily as it seems that the games expose how obscene a car-based city is.
But those returns are not factored in, because it's very difficult to measure infrastructure upgrades that may not see a return decades later.
This is why I'm happy about SLC hosting the Winter Olympics. They've kept up the infrastructure from the 2002 games. And vastly improved transit in the valley. There's not much they will need to build.
I much rather have my taxes go to Olympics and LA rebuilding its infrastructure than for it to be funding weapons or wars elsewhere lol.
6,88 0,000,000 huh? Funny USS Los Angeles was SSN-688. interesting coincidence!
Love the content
I thought the ATL 1996 games were profitable as well
Yeah, the city had no debt afterwards and plenty of infrastructure improvements.
Agreed !!!
Sydney all in all was a succes as well.
Anglosphere countries in general are more pro business and economic minded , which is why i guess they tend to succeed more at the discipline of hosting these events.
@@Zhiperser And the stadium where, the opening and closing ceremonies and track and field events were held is still in Atlanta as a GSU facility.
@@chrisstiff2914 Still doesn’t sit right with me that Atlanta got that stadium as a ballpark and it lasted barely more than 20 years before the Braves left for their suburban development project. Looks funky (and generally empty) for Georgia State football.
Truth is, the local organizing committee and the IOC had a really contentious relationship during the Atlanta games and I’d not put odds on a return for at least another century. Probably longer.
I'm already embarrassed that the venues L.A. is planning to use for the major sports and ceremonies look very very old, but not old enough to be historic. We should put on a show for the world and not just think about doing it as cheaply as possible.
That’s why it’s not that many countries in the world want to host the event like used to be, it cost so much money to build venues for 2 weeks event and abandon after that, look at Athens and Rio , especially country like Brazil , spent billions for Olympic and at the same time their citizens are living in the slum , they could’ve spent that money to build infrastructure and improve their people live , there’s nothing more important than your own people , who cares about the bragging rights to host Olympic
They had this segment on TH-cam not long ago
The definition of the cost remains arguable, for example: in 2008 Beijing games, a large amount of money went to build new roads, new subway lines, and a new airport terminal, these are permanent improvements for infrastructure. In comparison, how much infrastructure did London or Paris improve?
Not all permanent infrastructure ends up being useful, though.
For Paris:
- The Seine being swimmable advanced a lot (though not being completely clean as of today), the Olympic village will become a residential area in an overcrowded region.
But most of all, a metro line connecting the Orly airport to the center of Paris was completed. And I don’t mention all the cycling lines that were also finished because of this.
The Paris’ mayor said it accelerated all projects around the city, of 10 to 15 years.
@@fyhr__ so really just 3 minor projects , can't count the Seine one , even Orly is debatable as it's not the main airport , and the "village" is located in Saint-Denis - a literal no go area.
Cycling paths - wouldn't recommend cycling in Paris with these chaotic car drivers !!!
All in all , no significant changes as expected , because Paris is already too dense and build out to make huge changes.
@@tk80mufa5 it isn’t on the same level of Beijing yes, but to discount those as minor projects is ridiculous. The main point was that yes these projects weren’t created specifically for the Olympics, but were accelerated a lot because of it. Having a swimmable seine in the future would be a game changer, you just have to look how the swimmable river in Berne is used to its fullest by people there. Then the extension of metro line to Orly is insane, it’s super useful, even though Orly is smaller than Charles de Gaulle. This is a game changer to be able to just hop into the metro and reach the airport than to rely on taxis to go there. Even though Orly is smaller, it still is widely used.
Also wanting to compare the infrastrutures created by Beijing and Paris can’t be done objectively when one cost 50 billions and the other one around 10 billions. The main objective of the Paris Olympics wasn’t to rebuild its city, but to dynamize its economy, accelerate some projects around the city (I gave only some examples but there are more), and show the modern Paris to the world.
@@fyhr__ are you French ?
I really do not care about the Beijing comparison as it is a city and country i would never want to visit.
I basically wanted to say , Paris can't really be changed much , as it is perhaps already the most visited intact open air museum anyway , and to me that was a plus point.
The point about Orly Metro - ok , but the connection to CDG is 10 times times - maybe 20 times - more important, no?
CDG is the gate to the world for Parisians & France in general.
The point about the Seine is completely absurd - first off , why would anyone care to swim there?
Try asking people in London , Berlin , Rome if they care to swim in their city river.
It's a silly idea to begin with. But what does one expect from Hidalgo & the likes of her anyway?
Secondly , it is still extremely contaminated , multiple athletes got hospitalized after partaking in Triathlon / Marathon Swimming there.
To top it all off you throw in the bizarre Switzerland comparison - lakes and rivers there are SUPERBLY clean and famous for its water quality.
If there is one thing Paris & France are infamous for ..... it's its dirtiness.
Also look at the population overall as well as the population density difference between Paris and Bern - both cannot be compared.
To make the Seine swimmable - they would first need to permanently remove all the tourist boats , and then in a way more complicated phase - that would probably take 100 to 150 years ( IF there was the political will to push that megaproject through & IF there was money , which there isn't , as France is closing in on insolvency / debt default - that's two major IFs ) - to rebuild / improve the sanitation system and bring it up to modern standards.
Something that would likely include lifting up every building block individually , and then starting to work underneath the building which could then be accessed.
Technically possible yet extremely time , equipment & resource consuming.
Not to mention the expected protesting NIMBYS ....... and the expected minor damages to historic buildings.
Paris is already mostly great , mainly its scenery and architecture
- the inhabitants however -
not so much.
The city would be better off being empty.
Like i said - should be turned into an open air museum.
As i understand IOC have problems to find cities to host the Olympics and what I don't understand is why they host it themself, in a village/venues specifically built to their egulations and needs. This way they can control the costs. year round facilities for athletes to train on and in. One for winter Olympics and one for the summer or a combination of both.
If LA can’t make it profitable I doubt any city will be able to in the foreseeable future. I don’t think any city in the world is as equipped as LA is to host the Olympics.
I literally just watched a video on how bad the homelessness and crime is in LA. They really need to get all of that under control before they host the Olympics in my opinion
i’m all over DTLA and all throughout the County and I can tell you that they’ve already started.. of course there are still areas and streets that are bad, but the media especially Fox will make you believe that every block is littered with homeless and it’s just not true. I ride the Metro often and again yes we have millions of people and there are certain station they hang out but most are clean and plenty of security/police.
Stop watching fox news my guy LA is not even in the top 25 in crime LA is so big yes it got is homeless areas but it's relatively clean.
LA actually has among the lowest violent crime rates of larger cities despite the distorted claims from clickbaiters, and the rate is much lower than it was in the 80s when LA last hosted.
0:10 in and already twisting the truth. No need to exaggerate or twist facts -- yes the LA olympics in 1984 did well, but the 1908 Summer Olympics in London is known as the first Olympics to "make a profit" based on net gain based on the operating budget. The 1932 Olympics in LA also supposedly turned a profit. London managed to turn a profit again in 1948. Both Olympics in 1984 (the Summer Olympics in LA and the Winter Olympics in Sarajevo) turned a profit. Then you say nobody turned a profit ever since - yet Calgary and Seoul both did in 1988 (with Seoul making a record profit). Then so did Barcelona in 1992, Atlanta in 1996 (copying LA's 1984 model), Salt Lake City in 2002, Beijing in 2008...
There's no point even discussing Tokyo, because they had such an extreme set of circumstances you shouldn't consider them as evidence that "Olympics don't turn a profit".
I'd agree that Rio and Athens were disasters, given how much infrastructure is left to rot after the Olympics, however consider the unquantified gain to the community of infrastructure projects in well organised host cities, such as transportation improvements that can leave long lasting benefits to the city. Consider Sydney or Montreal where infrastructure built for the Olympics there is now an important part of many peoples' lives.
Great comment! 👍
Very well explained. Thank you. How do you use this footage without getting a copyright strike? Thanks for your time.
L.A. always does OK with a major sports event, whether it's the 1984 Olympics, Super Bowl, soccer and so on. I see no reason they won't turn a profit again, especially since there is no reason to build massive new stadiums and can use what they have with a bit of refurbishing and reconfiguring.
adding to list of using existing infrastructures, heard Olympic Village to house athletes will be at UCLA
Toronto hosted the Pan Am Games - therefore they deserve a chance to hold the Summer Olympic Games.
Ya know, I bet this guy has worked on all the projects he makes these videos on, he knows his shit
The local city and country should have not liability towards an event like this. If it doesn’t turn a profit then the IOC should be on the hooks for it. Then they will be incentivized to lower the burden to the host city so they all are profitable.
I was just in LA down town, real dump, they need to clean that joint up for sure, streets smelling like urine all over, bums every where laying around begging for money and getting mad at you for not helping them SMH, one bum had the nerve to look me up and down and shake his head at me. I thought that was funny. I use to be so in love with Southern California, not any more. I went to Sofi they gave me the whole run down on the Olympics it was so cool.
Arshad Nadeem 🔥
They're gonna play softball in OKLAHOMA?! Why not just play softball on the Moon? They literally can't find a damn softball diamond anywhere in California?!
I’m sure we can but I’m sure there’s a good reason to why it’s going to be in Oklahoma
Biggest softball specific stadium in LA seats just 1300 (UCLA). The OKC stadium, which hosts the Women's College World Series, seats 13,000 and was recently renovated.
The Little League and the college World Series is normally taken place in Oklahoma because of the infant structure that they’ve spent money on to make sure that there’s enough room for all those fields for sports such a softball and baseball. It’s a good idea for them to do it over there instead of having to fly teams back-and-forth like the world baseball classic.
Paris had its surfing competition in Tahiti
OMG………Why OKC? LA has Dodger Stadium and the Rose Bowl in Pasadena. Canoeing should be done in Marina Del Rey!
5:45 can't they just lease the buses or charter them or something? instead of buying and selling them within a few months
Selling the buses will bring extra revenue. LA did the same thing in the 1984 and Atlanta did the same in 1996, purchased a lot of buses before hand then selling them after the Games and made extra money off of it.
Ah yes the LA and Oklahoma City Olympics 😂😂😂
LA 84 was profitable because of Peter Uberoth from SUNNYVALE. Sunnyvale is one of the best run cities in the United States. Sunnyvale!
Casey Wasserman has consulted with him to get some insight into how he ran the 1984 games.
Sunnyvale is also the name the Trailer Park in TPB but clearly not the same Sunnyvale
I always wondered why doesn't LA use the sports facilities of high schools for either training arenas and possibly certain events like the facilities at Mater Dei High or if they want to keep them strictly in Los Angeles county why not Harvard westlake or if not go to the east side if Los Angeles and use the facilities of schools like the community college of east la, or Roosevelt high school, Garfield high school, or use the facilities at Cal state la like they did in 1984
What about the purple line that is supposed too be finishing by 2028 underground transportation
Stupid photo of the olympic swimming pool of Rio 2016. It was a temporary structure that no longer exists. The Olympic Park still beatiful and being used.
Beijing's Summer Olympic costs seem highly suspect to me.
Just rotate it between a few established places already. Stop with the new location, new everything, every time.
Didn't Paris 2024 used existing structures too?
Yes. Almost all venues were already built. They only built one small swimming stadium (for synchronized swimming etc) that will be used after the games as a stadium and as a pool for local people
A few other venues were temporary and will be moved and used in other cities in France after the games :
- the temporary pools in La defense arena will be installed as pools for local people in other cities
- 5 temporary open air stadiums will be used in other places in france (for specific events, festivals etc) : it was the stadiums for beach volleyball and archery near the Eiffel Tower, the Concorde place stadiums, and the temporary venue in Versailles Castle for horse-riding.
- same for the temporary in door stadium in the Grand Palais for fencing.
I'm surprised they're not using the Rose Bowl for anything.
Hold on🖐🏽 if Sofi host swimming then where will football(soccer) ⚽️ be held?
I find using sofi as a pool pretty bemusing…. Wonder if LA can pull things off within a week or so
Major part of allocation shall be for marketing campaign to promote LA olympics as the best ever.
Bagels await all the athletes for breakfast. I imagine this shall be similar to Paris which had no ACs and food in the village touting it as the ‘green’ olympics.
US has lost the ability to build anything anymore- so, there is no choice but to use existing infrastructure however it is..
LA just build two 3 billion dollar stadiums a few miles away from each other not to mention the two other MLS soccer stadiums they just built for LA galaxy and LAFC. It's only a matter of time before the charges want their own billion dollar stadium.
The Olympic Village will be in UCLA's dorms which are fully furnished and air-conditioned with a lot of amenities already in place to support thousands for a whole school year, let alone a couple weeks. The food options on campus are also plentiful. It will literally be the opposite of Paris's village situation.
LA will need to build a Cricket Stadium..
Hopefully big ground of 75m boundry & capacity of around 15 to 20K..
Why they can play cricket at dodger stadium even at the Anaheim angels stadium. LA has so many stadiums. What is so special about cricket that they need to spend millions on it.
@@felipenunez2058 Cricket field is oval not diamond.. & it's no 2 sport in the world.. Watch cricket, you will see what so special about it..
There will be a stadium in LA with cooperation of MLC(ace) either way..
@@iamphull it's only #2 becuase of Indian population its not popular in the states my guy. You know you can manipulate the fields right they can play cricket at the rosebowl. I've seen cricket its not for me.
@@felipenunez2058 no cricket can't be played in a diamond.. Cricket has 20 teams in T20 world Cup.. & 15 in ODI world Cup.. Cricket has a stadium in Texas, Florida & a ground in North Carolina.. & till LA28 there will be a stadium in Seattle, LA & Washington..
@@iamphull again my guy stadiums in the US have the ability to move seats around to make them however the field needs to be for that sport. Oakland As and the raiders use to share a stadium. They can even be played in the soccer stadiums like I said LA is not spending millions on a stadium for a sport not popular in the US,
Calgary Olympics in 1988 turned a huge profit. LA is not the “only” one. So typically American
We won’t live until 2028
Sounds like they will have enough money saved up for the highest quality of security.
Safe to say 🎉.
Now we know most of the Sochi overruns went into oiligarcs pockets
they should get a Island or plot of land and make a perm place the games get held
Agree with that one. Every nation pitches in.
why no rose bowl or coliseum?
Calgary Turned a Profit, Vancouver Broke Even, Paris was a incredible success with only building one Permanent Facility. Piss off with your Negativity
Didn't he specifically say Summer Olympics? None have turned a profit since LA 1984. Calgary (1988) and Vancouver (2010) were Winter games, which have significantly less overhead because the bulk of the venues are already in place in "Winter Sport" areas.
And I'd really be interested to see where you came up with the information about Vancouver breaking even, because from the release financials it sure look like the 2010 Olympics put the province of British Columbia in 24 billion dollar of debt. And the auditor-general never compiled an official post-games audit.
References: October 23, 2013 "Vancouver Olympics Worth the $7 billion prices tag" by Mark Hume from the Globe and Mail. AND "Vancouver's Recession-Rocked Olympics Left a Mixed Economy Legacy" December 5, 2014 The Metro Vancouver.
I don't know where you're getting your numbers that Paris will turn a profit. There are articles saying it 'could' generate between 7 and 12 billion in gross profits; but those are speculative; the only hard fact so far is prior to the events starting, they had spent 8.2 billion. And like with London, some of their event-builds will have to be sold after and they may lose money on that London lost tons of money when they sold the Village location. It cost 1.1 billion to build and only sold for 557 million. A net loss of over 275 million.
They are just gonna overprice everything
And it's LA so that's saying something
Yep, and people will pay. We in LA are used to high prices, plus everyone will think "well, how many Olympics will you experience in your life? It's worth it!". Which I suppose is fair -- consumers will self-select, and the Games will adjust prices if needed (if I recall, London started discounting tickets to entice locals). Already have many coworkers saying they're putting money aside to afford tickets and merch for the next 4 years!
Eh, the Atlanta Olympics made a profit, so your opening statement is not accurate.
First they need to clean their piles of trash.
Security is a major cost & it looks like, from the comments, the feds have it covered...which, for an event this MASSIVE.......it makes sense.
Here's hoping WWE tries to run a Wrestlemania that year in LA.
car free in the US !? yeah good luck
im sorry did you say softball and canoe would be held in oklahoma city half way across the united states????
Why not? OKC has the best softball venue in the world and the US canoe team already has a world class facility there also that athletes around the world come to train. It's not unusual for the "niche" sports in the Olympics to have offsite venues.
@@nightflyer3242 i’m not opposed to it i just find it strange that it is so far offsite like it might as well not be apart of the olympics if it is that far from los angeles
@@nikeprojockit is very interesting to spread some competitions in other cities especially if you can avoid to create a venue that will not be used anymore after the games
Also it contributes to « associate » other cities and other population to the Olympics and works very well with the population of these cities who are proud of it and they have the chance to go to the games close to their homes.
In France, we had :
- soccer and rugby was spread in many stadiums across the country with great results (huge crowds even for some uninteresting plays 😅)
- sailing in marseille was great with a lot of public
- basket and handball in Lille (1 hour with the train from Paris) was HUGE. Many people came from the north of the country and also from Europe (and especially from neighboring countries Netherlands, Belgium, Germany etc). Again, accommodation and hotels were easier to find in this city.
- and also surf was in Tahiti (well they could have gone to Biarritz in the south of France). But it was very profitable for the oversea territories in pacific region and it was also a different time zone (more accessible for the viewers in north and south America and asia).
Interesting fold in this would be that the recent costs of some of these venues is significant ($7bn + total) and some of those costs have already been passed on to the taxpayer. It bares scrutiny to compare revenues vs the stated Olympic budget AND the total cost of recent construction and renovations for the taxpayer outside of the stated olympic budget. SoFi did not come cheap, and I suspect its cost is not included despite completion only a couple of years ago.
The SoFi Stadium is the home of the LA Rams and Chargers, Two very popular and Profitable teams. The Venue is expensive ($5B) but at the very least it has a fiscally sound plan to pay it off.
SoFi Stadium is privately financed by L.A. Rams owner Stan Kroenke, it was not paid by taxpayer dollars.
Sofi stadium was privately funded. As is the new Intuit Dome. The Colosseum belongs to LA, but USC got a long-term lease because they invested $400 million in renovations and upgrades. USC is a private university.
Los Angeles has a long history of being very stingy, with taxpayer funding going to help build private infrastructure.
The latest example is the current construction of the George Lucas Museum.
Your first example for financial hardship is the worst health crisis in 100+ years? Quality content!
Why do we need another stadium…
they couldnt even build a railroad...
You forgot to mention the crime and vandalism .Better off picking another location!
Oklahoma!!!
don't sell the buses!
LA 2028 Just Like LA-1984 Will Be Car Free there will be Only Shuttles or Public Transit
Where will Tennis be?
They're going to need that money to fix the city when the BIG ONE hits this Thanksgiving
Whatever that means.
@@Stevenimich The BIG EARTHQUAKE. Do we need to spell it out for you? LMAO
@TheOtherKine I kinda knew, but if you're being funny then it's funny, but you think it's actually going to happen, then you're a turd cause you never know nowadays people are delusional.
@@Stevenimich Look up 1994 Northsidge Earthquake. Then look up "rainwater causes earthquakes." Then look at the weather prior to 94, for a couple years prior.
I lived thru 1994 Northridge. Since then, I studied earthquakes a bit. Look up Rainwater causes Earthquakes. Then look at the weather in the 3 years prior to 94.
Now look at what we are seeing this year, and look at the rain we just had.
Casey Wasserman is a shady man. Look into his family's history
Nothing olympian in spirit if the host country doesn't play fair.
Just send taylor swift on those stadiums