The city of Los Angeles has agreed a deal to host the 2028 Olympic Games, the first time since 1984, while Paris will settle to stage the games in 2024.

It was announced on Monday that Los Angeles has agreed on the deal with the International Olympic Committee (IOC) to host the 2028 Games.

Los Angeles Mayor Eric Garcetti said “we’re bringing the games back” in 2028, adding that “this deal was too good to pass up”

Paris was the only other competition for the bid and will now host the 2024 Olympics. The French capital city has previously hosted the games in 1900 and 1924.

“Paris and Los Angeles are two amazing global cities that are united in their support of the Olympic cause and we stand together now to help the Games thrive in 2024 and 2028.” – Paris Mayor Anne Hidalgo

Had an agreement not been reached by LA and Paris, the IOC will award the hosting rights based on votes at next month’s scheduled meeting in Lima, Peru.

Under the terms of the Host City Contract 2028, the IOC will advance funds – potentially more than $2billion – to a Los Angeles Organising Committee in view of the longer planning period and to increase participation and access to youth sports projects in the city in the years leading up to the Games.