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La made profits at the 84 -year Olympics. Games 2028 g. May go out briefly

Mika Maa Maa, California Governor Gavin News, Janet Evans, Chief Athlete, La28, Mayor Los -Andgeles Karen Bass, Delani Schnel and La28 chairman and President Caseman protruding when the Olympic flag arrives in Los -Andgeles on August 12, 2024.

Emma McIntair | Getty Images Entertainment | Gets the image

In 1984, Los -Angeles removed a rare feat: the city made a profit from the Summer Olympics. It seems that in 2028 it may be difficult. And it can come in bad time for the city.

“Los -Andgeles, financially, we got into trouble,” Karen Bass’s mayor and City Council, Kenneth Medgia, wrote in a recent letter. Less than income and higher expenses are $ 140 million for the current fiscal year, and next year’s $ 73 million.

Los -egeles is “Excess Expenditure” by 300 million dollarsMaei wrote. Recently high -ranking official on budget Budget deficit can reach $ 1 billion In the next financial year. Last week state legislators asked for another 1.9 billion dollars After financing after receiving $ 2.5 billion to help restore urban efforts from January forest fires.

LA28, a private nonprofit company that organizes 2028 games, has 6.9 billion dollars budget Finged by corporate sponsors, licensed agreements and a significant contribution of the International Olympic Committee. The budget covers costs such as renting sports arenas, staff costs, and housing.

But if mathematics at the Olympics do not make up exactly as it was planned, taxpayers can remain paying part of the bill, and Los -Andgeles and its Olympiad Committee know about the risks of overcoming expenses. In 2019, La28 budget has been increased 1.36 billion dollars. If La28 budget It is still not enough, the city of Los -Angeles will be responsible for the next $ 270 million. After that, the California government will be responsible for the next $ 270 million – the next $ 270 million after that again becomes the financial load of La.

Cities -Taking Olympics have a long financial failure history

If Last story This is any indicator, it is fair to worry that the 2028 Summer Olympics will exceed the budget. Over the last 60 years, almost no one has been profitable and left on the budget.

The 2000 Sydney Olympics in Australia increased by 90% more than the budget after more than $ 5 billion. The 2004 Athens Olympics amounted to approximately 50% more than the budget, compared to $ 3 billion with -overworks and debt growth. A 2016 Summer Olympics It cost Rio de Janeir a $ 20 billion. The Olympics were so unprofitable that when London broke down even with the 2012 summer games, some felt that some were successful.

Miles Osgud, Professor Stanford University and Olympiad researcher, says LA organizers, based on the 1984 lessons, created responsible budget plans that position the city in financial preferences, coming in the game compared to other recent cities. As in 1984, La plans to use sites and structures that already exist, which saves on the cost of new construction. Using existing places Expected to save More than $ 150 million.

But ended Profit 200 dollars Los -Angeles caused that the last time he played games in 1984, happened among the circumstances, much different than today. In particular, games are much larger in size. La will be held 36 Olympic sports in 2028, not 21. In 1984 were 221 events and 6829 athletes. In 2028 would be 800 events out of 15,000 athletes. A large number of related costs (such as safety, transport, staff, numbers in the Olympic Village) “This mushroom from these basic figures,” Osgud said.

Even before the forest fires introduced an unexpected financial and infrastructure problem for La, the city was home for significant anti-Olympiads. Osgud noted that Los -Angeles is central to Nolympics, movement Concerned, among other things, the housing crisis and the lack of local democracy in the planning of the games. He sought to expose bad offers that always make when greeting the Olympics, and the group has been voting on the 2028 games since the fires.

Despite criticism, Los -Angeles are convinced that the games will be appreciated. Recently Paul Cracarian, President of the City Council Los -Angeles said The New York Times“I believe that the games of 2028 will also benefit the Los -Angeles for the next generations.”

Tim Clayton – Corbis | Corbis Sport | Gets the image

For many residents who are still collecting life works after the loss of the house, a typical spirit related to the game of the Olympics cannot capture their mood with traditional pride. “In 2028, when entire neighborhoods can still clear the ashes, the Olympic flames will not become a welcome symbol,” Osgud said. “You can easily imagine how the Olympic slogan Los -Andgeles” Follow the Sun ” – will be when protesters make calls to follow the money,” he added.

Fires in mid -January moved tens of thousands of California and ended 18000 structures were destroyed.

Estimated that recent fires will cost Approximately $ 40 billion in insurance losses.

In terms of infrastructure, forest fires should not be a problem. None of the 2028 Olympics, which were erected for the host, were damaged by fires. The UCLA, which was staged as the Olympic athletes of the housing, became intact. Experts say it probably will still be a place for many athletes attending the 2028 games.

But recently, Maei said fiscal stress in the city could not come over the worse, given the forest fire. “We have moved from the record levels of reserves of the total fund 18 months ago to the limit of the need to officially declare a” financial emergency “,” he said. “This is an additional load on the budget to strengthen the duties on preparation for the Olympic and Paralympic Games in 2028.”

According to Matthew Berbank, Professor of the University of Utah, according to Matthew Berbank, Matthew Berbank, Professor of the University of Utah, California, the scale of the destruction of houses, business and public infrastructure is not uncommon, the scale of the destruction of houses, business and public infrastructure.

It may take several years to restore Los -Andgeles, but Berbank said he did not expect the forest fires to have a direct effect on the Olympics planning, or any means that are currently intended to redirect games from the Olympics to the forest fires. “Most likely, the city’s approach to drafting the cost exceeding the cost will hope that they will not happen, and if they do it, the city will have to find out how to pay these expenses,” he said.

But he added that the general impact on the state financial situation of the long -term fire cannot be denied.

“There may be a long impact on the state budget and local government, which will continue in 2028 and abroad,” he said.

Disclosure: CNBC Parents NBCuniversal owns NBC Sports and NBC Olympics. The NBC Olympics is the owner of the US broadcast rights to all summer and winter games by 2032.

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