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America's Cup Venue Race Down To 3: San Diego, Bermuda, Chicago

America's Cup officials have reduced the prospective venues for the next regatta from four to three, and it appears San Francisco has been eliminated.

Russell Coutts, the CEO of two-time defending champion Oracle Team USA, told The Associated Press on Monday night that one venue has been eliminated, and that he plans to reduce the field to two by the end of June.

Coutts wouldn't confirm which city is out. But it's been known for months that San Francisco hasn't offered terms as attractive as those offered by San Diego, Bermuda and Chicago to host the 2017 regatta.

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San Francisco Bay provided a spectacular race course in September for Oracle Team USA's dramatic come-from-behind victory against Emirates Team New Zealand.

Officials in San Francisco didn't respond to requests for comment.