Los Angeles has agreed to host the 2028 summer Olympics after the city reached a deal with the International Olympic Committee (IOC) on Monday, according to The Los Angeles Times.
The IOC and the Los Angeles Mayor Eric Garcetti are expected to make an announcement Monday evening.
The deal will also allow Paris to host the next Olympics games in 2024, according to the report.
ESPN reported that for the past three weeks, leaders from Paris and Los Angeles negotiated with the IOC on terms of the agreement. The U.S. Olympic Committee has reportedly been trying to bring the Summer Olympic Games back to the United States for more than a decade.
"I don't want the Olympics at any price," Garcetti told ESPN. "I won't accept these games if they put the city in debt or at risk. I won't do it if there's not a genuine human legacy, and instead it's just a vanity party for 2½ weeks."
The deal brings the Olympics back to Los Angeles for the third time. The city hosted the Games in 1984 and 1932.