"We continue to believe a U.S. bid for the 2024 Games can be successful and at the end of the meeting our board focused our discussion on a potential bid by Los Angeles," Probst said on a conference call following the USOC board meeting at the Denver airport.
"The board authorized (USOC CEO) Scott Blackmun to work with Los Angeles to further explore the viability of a bid for the 2024 Olympic Games.
"We hope to finalise terms so we can submit a world class bid to the IOC by their Sept. 15 deadline."
If a deal can be struck, Los Angeles, which has hosted the Summer Games twice before in 1932 and 1984, would join a race that already includes Paris, Rome, Budapest and Hamburg, Germany.
The United States has not hosted the Summer Olympics since 1996, partly because of a long-running feud with the IOC and sporting federations over television rights and sponsorship, but were widely regarded as the favorite for 2024.
The IOC will vote on the 2024 host in Lima, Peru, in September 2017.
(Reporting by Steve Keating in Toronto.; Editing by Larry Fine)
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