Los Angeles will host the 2028 Summer Olympics after reaching a deal with Olympic organizers, the Los Angeles Times reported on Monday, citing an unnamed source close to the negotiation.

The agreement also paves the way for the 2024 Summer Games to be awarded to Paris. An announcement from the International Olympic Committee was expected later on Monday.

Reuters could not immediately confirm the report.

Los Angeles Mayor Eric Garcetti's office said he and other proponents of the city's bid for the 2024 Olympic and Paralympic Games would make an announcement to the news media at 5 p.m. PDT (0000 GMT).

Image result for Los Angeles to host 2028 Summer Olympics