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Team USA speed skater Aly Dudek of Hales Corneras, Wis., hangs from the Olympic rings while posing for a teammate at Olympic Park ahead of the 2014 Winter Olympics on Feb. 5 in Sochi, Russia.

(Associated Press Photo)

STATEN ISLAND, N.Y. -- Mayor Bill de Blasio has decided that New York City won't be bidding to host the 2024 Summer Olympic Games, according to the Wall Street Journal.

Alicia Glen, deputy mayor for housing and economic development, indicated to the Wall Street Journal that the minuses of bidding for and hosting the event outweighed the pluses in the minds of the mayor and his staffers.

The decision should come as no surprise to Staten Islanders since the Advance reported earlier this month that the mayor wasn't rooting for the Big Apple when it came to hosting the games.

New York City was the U.S. Olympic Committee's selection for the 2012 Summer Games which ultimately were held in London. Some of the 2012 equestrian events would have been held on Staten Island under the proposal.

Ms. Glen told the Journal that cities often are motivated to bid for the games out of a desire for recognition, but that New York City already has plenty of acclaim.