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Munich's Allianz Arena and Barcelona's Spotify Camp Nou have been selected to host the Champions League finals in 2028 and 2029, respectively.
It's a significant increase from the initial 10 million-euro offer to the families ahead of the 50th anniversary of the attack, which will be commemorated on Monday.
Munich mayor Dieter Reiter had said he wanted to light up the stadium in the colours in protest against a new law in Hungary that bans the dissemination of content in schools deemed to promote homosexuality and gender change.
A security breach on Saturday forced Munich airport to shutdown Terminal 2 temporarily.
Police said one of the two dead men had fired the shots, adding that nobody else appeared to have been hurt in the incident.
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