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LOS ANGELES, CA - SEPTEMBER 27: A general view of the exterior of Los Angeles Memorial Coliseum is seen prior to the start of the game between the Oregon State Beavers and the USC Trojans on September 27, 2014 in Los Angeles, California. (Photo by Jeff
Credit: Jeff Gross/Getty Images

This story originally appeared on BusinessInsider.com.

Los Angeles officials and IOC leaders have to come to an agreement that will "pave the way" for LA to host the 2028 Olympics, according to a report from the Los Angeles Times' David Wharton.

In turn, Paris is likely to host the 2024 Olympics.

It will be the third time Southern California has hosted the games, with the first two coming in 1932 and 1984.

According to Wharton, terms of the deal are unknown, so it's unclear what concessions L.A. made to Paris. According to Wharton, Paris officials were more insistent on hosting the games in 2024, whereas Los Angeles was more flexible.

Both cities bid for the games, and in a slightly unusual move, the IOC heard bids from both cities and decided to award the games to the cities in back-to-back event years.

The U.S. hasn't hosted the Olympics since Salt Lake City 2002.