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Special Project: America's Wall: Decades-Long Struggle To Secure US-Mexico Border

San Diego Moving Ahead With 2024 Summer Olympic Bid

GUESTS:

Vincent Mudd, Chairman, San Diego 2024 Exploratory Committee

Robert Edelman, History of Sport Professor, UC San Diego

Transcript

The pagentry and publicity we saw only weeks ago at the Sochi Winter Olympics could be coming our way.

So could the huge expense of building game venues.

An Olympic exploratory committee here in San Diego is working to get the city to put in a formal bid for the 2024 Summer Games and ultimately get the U.S. Olympic Committee to choose San Diego as the national contender.

Other U.S. cities such as Los Angeles, Dallas and Philadelphia are also throwing their hats into the ring.

Proponents believe San Diego is in a great position to host the international event.

A new promotional video says the region is home to 80% of the necessary venues and it would cost $2 billion to build the rest.

But critics aren't so sure.

The USOC is expected to complete a list of its top three host cities in the coming months, with a final decision expected by the end of 2014. That proposal will then be submitted to the International Olympic Committee. The IOC will announce the host city in 2017.

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