There will be no Olympic rings in Boston in 2024. (Getty Images)
The United States Olympic Committee has pulled the Boston 2024 Olympics bid, according to multiple reports.
The bid had struggled to gain public support in the Boston area since the city was first chosen to be the U.S. bid back in January. Earlier on Monday, Boston Mayor Marty Walsh said he would not sign a contract with the U.S. Olympic Committee that commits the city to covering any budget overruns.
Contracts with host cities include a stipulation that the city will cover any additional costs, but in the wake of widespread criticism of and uncertainty about the financial impact to the city, Walsh decided to take a hard stand.