Los Angeles chiefs have proposed a six-team event in both men’s and women’s T20 cricket, with the United States set to take the field as the host nation.
But no concrete decision on the number of teams or how they qualify will be taken until cricket receives formal approval on Monday.
Cricket last appeared at the 1900 Paris Olympics, when a team from Britain defeated a team representing France.
With the encouragement of the Olympic movement, the sport has taken steps towards a return to sports for more than a decade.
From an economic point of view, adding cricket to the Olympic program is an obvious step.
It will enter the lucrative South Asian market and attract fans in countries like India and Pakistan.
T20 cricket is the shortest international format of the game.