1984 Summer Olympics the 1976 Montreal Summer Olympics. Due to these contracts being signed well in advance of the Games, Los Angeles found itself in an easier planning position because most of its revenue was already assured before the Games. Following the success of the 1984 Games, the Los Angeles OCOG, led by Peter Ueberroth, used some of the profits to create the LA84 Foundation to promote youth sports in Southern California, educate coaches and maintain a sports library. The success of the Los Angeles Olympics was one of the first of its kind to be a successful host city in the United
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