The Los Angeles bid committee for the 2024 Olympics released details of a nearly unheard-of budget plan Friday, insisting $5.3 billion will be enough to cover both operational and infrastructure costs for an Olympics that wont need any new, permanent stadiums.The cost would be less than half that of the recently completed Rio Games and about a quarter of Tokyos ballooning budget for the 2020 Olympics.It also defies convention in the Olympic bidding business, in which cities traditionally deal with two figures -- one for operational costs and one for non-Olympics costs that cover capital and infrastructure.Bid officials say they can do this because more than 30 venues already exist in the L.A. area and those that dont will be built as temporary structures. The bid folded in $1.2 billion for infrastructure, which would primarily be used for temporary venues and to bring existing ones up to Olympic standards.If L.A. is chosen to host the 2024 Games, the IOC does not have to worry about changing or evolving budgets, shifting competition venues or uncertainty about the delivery of the Games, bid chairman Casey Wasserman said.Los Angeles is going against Paris and Budapest, Hungary. Preliminary figures for Paris called for an infrastructure budget of $4.5 billion and operational costs of $4.8 billion, with 95 percent of the citys proposed venues either temporary or already in existence. The next deadline for cities to submit candidate files, which will include updated budget figures, is Feb. 3. The games will be awarded in September.Gone from Los Angeles budget was a one-time projected surplus of $161 million. In its place is a $491 million contingency fund that would cover cost overruns.Wasserman said all the figures are conservative and the numbers come in low because no major construction projects are needed. Los Angeles has already committed to more than $200 billion in transit and airport projects, regardless of whether it wins the Olympic bid. Often, projects such as those get approved in conjunction with an Olympic bid.In providing a $5.3 billion budget, Los Angeles is playing to the International Olympic Committees attempt to keep costs -- and building -- in check; decades of runaway spending have greatly reduced interest in hosting.Rio de Janeiro is expected to come in with a bill of between $10 billion and $12 billion for its recently completed Olympics.Meanwhile, Los Angeles released its figures only hours after an IOC vice president called Tokyos $20 billion budget unacceptable. A government panel in Japan has said costs could reach $30 billion, more than four times the initial estimate.Wasserman said the IOC will not be surprised when it sees all items wrapped into a single L.A. budget.The process has been very open and transparent, he said.The budget was also being independently reviewed by the accounting firm KPMG, which concluded LAs budget was substantially reasonable. A few quibbles: Bid organizers might have been slightly optimistic about revenue theyll produce from ticket sales; and no inflation index has been developed to measure costs in 2024 dollars, though one is expected later this month..The bids top revenue sources are domestic sponsorship ($1.93 billion), ticketing ($1.47 billion) and IOC contributions from broadcasting ($855 million) and sponsorship ($453 million). Adidas Anton Stralman Jersey . Kozun faked to the forehand and beat Monsters starter, Calvin Pickard, pad side in the second round for the winner. Spencer Abbott also scored in the shootout for the Marlies (25-13-4). Braydon Coburn Jersey . -- Jimmie Johnson held off a teammate, passed a pair of Hall of Famers, and dominated once more at Dover. http://www.cheaplightningjerseys.com/ . As he recorded his 23rd and 24th points of the evening, a segment of the sellout Air Canada Centre crowd expressed their appreciation for the Raptors point guard with a smattering of MVP chants. Victor Hedman Jersey . PAUL, Minn. Chris Kunitz Jersey . After Martin Skrtel put the Reds in front from close range at Stamford Bridge after only four minutes, Hazard hit back in the 17th with a superb strike. Etoo gave Jose Mourinhos team a decisive lead from Oscars back pass in the 34th.Scotland U21 head coach Ricky Sbragia is hopeful three of his charges can quickly cement their places in the senior squad. Celtic left-back Kieran Tierney has become a regular at his club this season and the 18-year-old, capped at U19 level, has been included in Gordon Strachans squad for the home friendly against Denmark on March 29.Sbragia is preparing for the forthcoming European U21 Championship qualifying matches against France and Northern Ireland, but is happy to see Tierney, and Nottingham Forest midfielder Oliver Burke. earn their chance with Strachans side. We took Tierney to the Czech Republic with the U18s, he was involved in the two games, Sbragia said. Kieran Tierney is now established in the Celtic first-team He has, over the last three or four months, been thrown him into Celtics first team. He would have been with us, the 21s, but for me I would love him not to play at 21s. I would love him to keep continuing to play in the A squad.I think that is what its all about. We know the importance of results, I am not saying everything is always about development.But for Kieran, even Burkey - I watched him at Leeds three or four weeks ago and he did extremely well when he came on a substitute - what an opportunity to go and play at the top level of international football.ddddddddddddScotland U21 captain John McGinn has also been drafted into the full squad for the Denmark match, but despite the importance of the game in France on March 24 - Scotland sit fourth in Group 3 with five points from four games - Sbragia did not consider requesting the Hibernian midfielder to bolster qualification chances. Hibs John McGinn has been a stand out in the Championship this season Sbragia said: People were saying, would you want him for France? No, I wouldnt want him for France. I wouldnt deny him that opportunity, to be fully fit to report for the A squad.I think it is fantastic with John, how he has performed for Hibs over the season and what a fantastic opportunity it is. I am delighted for him, he is a lovely lad. He really deserves it. He has worked so hard to be there. Also See: Scotland latest Scotland fixtures Scotland stats Table Live on Sky Jerseys Wholesale NFL Jerseys China Cheap Jerseys From China Nike NFL Jerseys China Cheap Jerseys Store Wholesale Jerseys China Jerseys NFL China ' ' '