From the Globe:
Mayor Martin J. Walsh Monday vowed not to mortgage the city’s future in order to bring the 2024 Summer Olympics to Boston and said he is willing to let US Olympics organizers choose another city to serve as its host.
Walsh said at a hastily called City Hall press conference that the US Olympic Committee is pushing him to sign a host city contract soon. But he said he will not sign any such contract until he knows more about the financial picture of the proposed games.
“I cannot commit to putting the taxpayers at risk,’’ said Walsh. He said if signing the contract is required by USOC, then “Boston is no longer pursing to host the 2024 Summer Games.”
USOC members are set to discuss Boston’s status at a board meeting Monday. Walsh thanked bid organizers for the hard work they’ve put in so far, and said, “we’ll see what happens” going forward.
Walsh said he will not yield to pressure from the USOC to put taxpayers on the hook to guarantee the 2024 Olympic Games take place in Boston.
“I refuse to mortgage the future of the city away,’’ he said. “This is a commitment that I can’t make without ensuring the city and its residents will be protected. … I think it’s unfortunate that it’s come to this point.”