On the side of LA 2028, Coordination Commission Chair Patrick Baumann explained that the co-construction of LA's Games was well underway with the IOC, and that the tripartite agreement between the IOC, Paris 2024 and LA was already creating good opportunities to exchange ideas and look at synergies to define and implement a new model for Games delivery.
Baumann also explained that LA had been granted the right to invest up to 160 million US dollars in youth sports in the years leading up to the Games, and that work was now underway with the city of Los Angeles and other key partners to identify the best mechanism of using these funds. However, in line with Olympic Agenda 2020/New Norm, LA 2028 will enter its operational phase only in a few years' time.?
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