Having successfully led Los Angeles' bid for the 2028 Olympic and Paralympic Games, Wasserman will be honoured at the 13th annual LA Sports Awards that are scheduled to take place at The Beverly Hilton hotel on February 6.

Los Angeles Mayor Eric Garcetti appointed Wasserman to head Los Angeles' Olympic hosting efforts in 2014 and the city was selected as the United States Olympic Committee's bidder the following year.

The city had initially been vying for the 2024 Olympics.

But with Los Angeles and Paris the only two cities in the running following Budapest's withdrawal in February, the International Olympic Committee (IOC) membership unanimously agreed in July to award both the 2024 and 2028 Olympic Games at its Session in Lima in September.

LA was subsequently given the 2028 Olympic and Paralympics, while Paris was handed the 2024 Games.

It provided official confirmation that Los Angeles will stage the Games for a third time having hosted the 1932 and 1984 editions.

Wasserman claimed at the Session that Los Angeles 2028's 11-year deal with the IOC was the "ultimate validation of our new Games for a new era and Los Angeles' vision for the future".

"As a team and as a city, we could not be more excited to be entering into this long-term partnership with the Olympic and Paralympic movements, and with one of the great cities of the world, Paris," he said.

"This will be an extraordinary collaboration that secures the future of the Movement for generations.

"Now Los Angeles 2028 has a golden opportunity, with four more years to prepare and a $2 billion (£1.5 billion/€1.6 billion) contribution from the IOC, to redefine how hosting the Games can benefit host communities."

Wasserman is the chairman and chief executive of LA-based Wasserman Media Group and a graduate of the University of California, Los Angeles.