Yaroslavsky on What L.A. Can Learn From the Tokyo Olympics

Los Angeles Initiative Director Zev Yaroslavsky joined a wide-ranging conversation on KCRW’s “Greater LA” focusing on what Los Angeles can learn from the Tokyo Olympics as it prepares to host the Summer Games in 2028. Yaroslavsky was a member of the L.A. City Council when the city hosted the 1984 Olympics. Since then, Los Angeles has seen the construction of new sports venues and transit lines, as well as dormitories at USC and UCLA that can serve as an Olympic Village, he said. “The most significant difference between ’84 and the current state of affairs is that in 1984, the City of Los Angeles refused to sign the guarantee that the International Olympic Committee demands of every host city, and that is the guarantee that [the city] will cover all expenses,” he said. In Tokyo, costs projected at $7.4 billion skyrocketed to $15.4 billion. In 2028, Los Angeles will be on the hook for any final damages if the Games fail to meet projected revenues.


 

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