The U.S. Olympic Committee has selected Boston to be its representative in the international bidding to host the 2024 Summer Games. Boston's competition is expected to come from Rome, a German bid from either Berlin or Hamburg, and South Africa, which hosted the World Cup in 2010.

The last Summer Olympics held in the United States was 1996 in Atlanta, and that was just 12 years after Los Angeles was the host. Does staging the Olympics in the U.S. mean that the event will be profitable? Sports business expert Rick Horrow does a historical analysis in "Beyond the Medals: The Business of Sport" on Universal Sports:

There will be a new episode of "Beyond the Medals: The Business of Sport" every month. Check out the Universal Sports website for schedules and previews for upcoming shows.