1984 Summer Olympics example of this was the Los Angeles Memorial Coliseum, which was also the Olympic Stadium for the 1932 Summer Olympics. The only two new venues constructed specifically for the 1984 Summer Olympics were secured with the backing of corporate sponsors: the Olympic Velodrome was largely funded by the 7-Eleven corporation and the Olympic Swim Stadium by McDonald's. As the only bidding city, the Los Angeles OCOG was able to extract a number of concessions from the IOC. Not only was it agreed that the city could make use of existing venues, but also that it would not be held responsible
1984 Summer Olympics 1984 Summer Olympics at USD 719 million in 2015-dollars. This includes sports-related costs only, that is, (i) "operational costs" incurred by the organizing committee for the purpose of staging the Games, e.g., expenditures for technology, transportation, workforce, administration, security, catering, ceremonies, and medical services, and (ii) "direct capital costs" incurred by the host city and country or private investors to build, e.g., the competition venues, the Olympic village, international broadcast center, and media and press center, which are required to host the Games. Indirect capital costs are "not" included, such as for road, rail, or airport infrastructure, or for hotel