San Francisco for the development of a new football stadium that would also be used as the centerpiece of the 2016 Olympics. The 49ers would eventually move to nearby city Santa Clara. Bid organizers would have had to create a new plan for a central stadium if the 49ers relocated. Termination of bid On November 13, 2006, San Francisco withdrew its bid from the national selection process. Scott Givens, speaking for the bid committee, cited a "damaged reputation" due to failed negotiations surrounding the 49ers' stadium. Ultimately, Chicago was elected by the USOC to be the U.S. bid city for 2016. Chicago lost their bid in the first round to the eventual final winner, Rio de Janeiro, when the IOC selected the host city. Nearly eight years later, Los Angeles secured the right to host the 2028 Summer Olympics. References San Francisco 2016 - official website for the San Francisco 2016 Olympic bid 2016 Summer Olympics bids Sports competitions in San Francisco