CNN reports that Los Angeles has made a deal with the international olympic committee to host the 2028 Summer Olympics. This will be the first time the Summer Olympics has been in the United States in over 20 years. Paris France will host the 2024 Olympics as part of this deal.  This will be the third time the Olympics have been to LA with the previous times being 1932 and 1984.

It's estimated that the LA Games will cost around $5.3 Billion despite already having most of the stadiums needed for the events. The finalized deal is expected to be done by september.