According to city financial records, the city itself turned a profit. Some of that was indeed given back to the LA84 Foundation, but the revenues generated exceeded overall cost, including all overall cost, by more than $140 million, even after giving the foundation $93 million. Of course, the goal from the beginning was to not pay for anything. From a 1980 L.A. Times article: Despite the "Spartan" undertaking for the '84 games, it was at the time the most photographed, televised and otherwise "covered" olympic games in history. It occupied 75 sites spread over roughly 4,500 square miles, and with the exception of one bicycle racing track, every venue already existed and was used just the way it existed. UCLA, USC and other university campus facilities were used, as were the Coliseum, the Rose Bowl, the beaches -- whatever was there.