Boston’s Bid for 2024 Olympics Is Over

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Monday, July 27, 2015

GoLocalWorcester News Team

On Monday afternoon, Boston's mayor Marty Walsh announced that he would not be signing a taxpayer guarantee as part of the host city's contract for the 2024 Olympic games to be held in Boston.

According to Walsh, he is under great pressure to sign the host city's contract, but wont "mortgage the future away" and wants to protect Boston's tax payers.

"If committing to signing a guarantee today is what is required to move forward, then Boston is no longer pursuing the 2024 Olympic and Paralympic Games," said Walsh in a press conference on Monday.

Following Monday's press conference, numerous reports have stated that United States Olympic Committee had severed ties with Boston and would now have just seven weeks to find a new host city if they wanted another shot at hosting the Olympics in the U.S.

This past January, Worcester Chamber of Commerce President and CEO Tim Murray shared similar sentiments that Mayor Walsh detailed today. In a released statement, Murray said, "Public investment in the Greater Boston area infrastructure for the Boston 2024 Olympics must not come at the expense of the rest of Massachusetts. It is critical to Central Massachusetts and the other regional economies across the Commonwealth that strategic state investments continue. A fair and equitable distribution of state resources must be the guiding principle as the Baker–Polito Administration and State Legislature reviews this exciting opportunity.”