Los Angeles turned a profit on its last Olympics, and city near ‘fiscal emergency’ has no margin for error in 2028
Micah Maʻa, California Governor Gavin Newsom, Janet Evans, Chief Athlete Officer, LA28, Los Angeles Mayor Karen Bass, Delaney Schnell, and LA28 Chairperson and President Casey Wasserman appear as the Olympic Flag arrives to LA on August 12, 2024 in Los Angeles, California. Emma Mcintyre | Getty Images Entertainment | Getty …