Los Angeles’ bid for the 2024 Olympics includes plans to renovate the LA Coliseum with $800 million of upgrades beginning in 2017, according to the Los Angeles Times.
The report from David Wharton breaks down the financial details of the Olympic bid. USC, as the holders of the stadium’s master lease, will contribute $500 million. The Olympic organizers will provide the remaining $300 million.
Sports reporter Bryan Fischer provided a glimpse of what those renovations could yield.
From the new LA Olympics bid: USC will invest over $500 million to renovate the Coliseum, beginning in 2017 pic.