1928 Summer Olympics In preparation for the 1932 Summer Olympics, the United States Olympic Committee reviewed the costs and revenue of the 1928 Games. The committee reported a total cost of US$1.183 million with receipts of US$1.165 million, giving a negligible loss of US$18,000, which was a considerable improvement over the 1924 Games. Dutch nobleman, Frederik van Tuyll van Serooskerken, first proposed Amsterdam as host city for the Summer Olympic Games in 1912, even before the Netherlands Olympic Committee was established. The Olympic Games were cancelled in 1916 due to World War I. In 1919, the Netherlands Olympic Committee abandoned the proposal of
Olympic Games the 1960 Olympic Games in Rome, Guttmann brought 400 athletes to compete in the "Parallel Olympics", which became known as the first Paralympics. Since then, the Paralympics have been held in every Olympic year. Since the 1988 Summer Olympics in Seoul, South Korea, the host city for the Olympics has also played host to the Paralympics. In 2001 the International Olympic Committee (IOC) and the International Paralympic Committee (IPC) signed an agreement guaranteeing that host cities would be contracted to manage both the Olympic and Paralympic Games. The agreement came into effect at the 2008 Summer Games in Beijing, and