The activist group also worries about poor and homeless people being swept out of the way. The NOlympics LA coalition has criticized City Hall for devoting time and resources to a sporting event amid more pressing troubles.
Having signed a multitude of high-level domestic sponsors and licensing agreements to date, the organizing committee has a solid financial base to deliver the Games.”īut union officials aren’t the only ones pushing back. On Wednesday, the IOC praised LA28 for its “astute commercial success. They have worked over the last four years, entering a potentially lucrative partnership with NBCUniversal and signing deals with the likes of Delta Air Lines, Nike and Deloitte. Organizers also negotiated an important concession from the IOC, gaining more leeway to pursue domestic sponsorships. That meant 11 years to prepare instead of the customary seven. L.A.’s path to the Games has been unusual because of a 2017 arrangement in which the city agreed to drop its bid for 2024 in return for getting 2028. The proposed agreement between the city of Los Angeles and the LA28 organizing committee. Read the Games Agreement for 2028 Olympics
