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FILE - In this Nov. 11, 2012, file photo, Southern California pays against Arizona State in an NCAA college football game at Los Angeles Memorial Coliseum. The Los Angeles bid committee for the 2024 Olympics is projecting a $5.3 billion budget, a number that would be less than half the cost of the recently completed Rio de Janeiro Games and about a quarter of where Tokyo's ballooning budget for 2020 currently stands. Bid officials say they can do this because more than 30 venues already exist and those that don't will be built as temporary structures.  (AP Photo/John Antczak, File)
Associated Press | December 2, 2016 9:45 am
LA 2024 releases $5.3 billion budget; no new stadiums needed