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Angels tell Anaheim they're opting out of their lease on Angel Stadium
- Thread starter Jiggsawpuzzle35
- Start date
Someone just posted a minute clip on Twitter of The Mayor speaking on this.
Darkbeer1
Well-Known Member
Angel Stadium: Anaheim mayor weighs in on priorities for Angels lease talks
Fair market value for city land, ongoing revenue to pay for city services and public benefits such as workforce housing and parks were among the things Mayor Harry Sidhu said he’ll be looking…
www.ocregister.com
Los Angeles Angels: Negotiation efforts gearing up to keep team in Anaheim
The city of Anaheim is getting aggressive when it comes to keeping the Los Angeles Angels in Anaheim, as an opportunity for the team to opt out of their lease is approaching.
abc7.com
Angel Stadium Deal Discussed at Anaheim City Council Meeting
The mayor of Anaheim says they’re ready to play when it comes to negotiating a new agreement with the Angels.
www.nbclosangeles.com
Brief thoughts, sat next to the LA Times reporter, it was clear he focused on Dr. Moreno and his comments, and knowing him, he will lean to his viewpoints.
It got nasty tonight. Dr. Moreno grandstanding and making speeches to the public, instead of having a discussion with his fellow council members.
Nothing was decided, both agenda items were just reports, and not items up for a vote.
Thanks for the articles. It would make a lot of sense for the Angels and the city to build a new ballpark. Brings in a lot of foot traffic to the area restaurants on game day. Love the way Atlanta built their new ballpark and developed the land around it.Angel Stadium: Anaheim mayor weighs in on priorities for Angels lease talks
Fair market value for city land, ongoing revenue to pay for city services and public benefits such as workforce housing and parks were among the things Mayor Harry Sidhu said he’ll be looking…
Los Angeles Angels: Negotiation efforts gearing up to keep team in Anaheim
The city of Anaheim is getting aggressive when it comes to keeping the Los Angeles Angels in Anaheim, as an opportunity for the team to opt out of their lease is approaching.
Angel Stadium Deal Discussed at Anaheim City Council Meeting
The mayor of Anaheim says they’re ready to play when it comes to negotiating a new agreement with the Angels.
Brief thoughts, sat next to the LA Times reporter, it was clear he focused on Dr. Moreno and his comments, and knowing him, he will lean to his viewpoints.
It got nasty tonight. Dr. Moreno grandstanding and making speeches to the public, instead of having a discussion with his fellow council members.
Nothing was decided, both agenda items were just reports, and not items up for a vote.
Darkbeer1
Well-Known Member
Angels lease talks: Here is the Anaheim mayor's wish list
What does Anaheim want in a stadium deal? And what about the Angels?
www.latimes.com
Let me say, I do have a bit of inside knowledge, though it is a bit old and might have changed.
But Jigsawpuzzle, yes, a new stadium and then development around it.
truecoat
Well-Known Member
Angels lease talks: Here is the Anaheim mayor's wish list
What does Anaheim want in a stadium deal? And what about the Angels?
Let me say, I do have a bit of inside knowledge, though it is a bit old and might have changed.
But Jigsawpuzzle, yes, a new stadium and then development around it.
Living near a city that had the worst stadium in football and 2nd worse in baseball (looking at you Tampa Bay), getting new stadiums didn't cause suffering or tax shortages or any other doom and gloom scenarios. In fact, Minneapolis really developed the east side finally.
josephinelcajon
Member
It would be a great mass transit location for Disney! I'm thinking a water park is next on the Disney wish list?
Darkbeer1
Well-Known Member
The Big A | Anaheim, CA - Official Website
It's Anaheim house. The Big A, as Angel Stadium of Anaheim is affectionately known, has been home to baseball in our city for more than 50 years, including some of the sport's historic moments. There's also been great concerts and events. Now we're thinking about the next 50-plus years of the Big A.
www.anaheim.net
truecoat
Well-Known Member
The Big A | Anaheim, CA - Official Website
It's Anaheim house. The Big A, as Angel Stadium of Anaheim is affectionately known, has been home to baseball in our city for more than 50 years, including some of the sport's historic moments. There's also been great concerts and events. Now we're thinking about the next 50-plus years of the Big A.
If you lose the team, you probably won't get another. If you do, it'll cost you way more than keeping the Angels. In my neck of the woods, we finally got rid of one of the worst combo baseball/football stadiums in the US. The Metrodome was built on the cheap and I was glad to see it go. We have 2 world class stadiums now and I'm sure the schools and unfortunate people haven't suffered because of it.
truecoat
Well-Known Member
Must be worth way more than they were expecting.
If the Angels are looking for a deal similar to the Ducks, then it should be a slam dunk for the city and the team to get this deal done. Doesn't make any sense for the Angels to move to Long Beach. One major freeway leading to the proposed site, dealing with the Coastal Commission, and making it an impossible drive for the fans in the Inland Empire to get to on a weekday. It definitely is more than they expected, but how valuable will it be though if there is no longer a Ballpark there compared to if the Angels built a new stadium on site. The whole Platinum Triangle is anchored by the Stadium and Honda Center. That whole area will be dead in the Summer with no baseball games since the Honda Center doesn't draw a lot of concerts compared to Staples Center, Pechanga Arena, and the Forum.
Looks like they are staying in town until 2050 and buying the stadium for $325 million. Such great news. Kudos to everyone who worked on getting this done.
Phroobar
Well-Known Member
Now if they can just call them the Anaheim Angels again.
I don't think it will happen with this owner. I grew up following the California Angels and rather have that name back. Keep in mind that when the Rams played here, they were still called the LA Rams.
NobodyElse
Well-Known Member
Here's a quick read from a non-Register source:
www.latimes.com
Angels and Anaheim reach a deal for the team to stay in city through 2050
The Angels-Anaheim deal keeps the team in town through 2050. A company affiliated with Angels owner Arte Moreno will buy the stadium and surrounding parking lots for $325 million.
www.latimes.com
Darkbeer1
Well-Known Member
Angels agree to stay in Anaheim through 2050, stadium to be sold for $325 million
Team owner Arte Moreno and partners would buy the stadium and land.
www.ocregister.com
>>While they’re still working out some details of a deal that will last decades, city information describes provisions including:
- Commitment of the team to play in Anaheim through 2050, with optional extensions adding up to 15 more years.
- Sale of 153 acres, including parking lots and the 45,483-seat stadium, to SRB Management for $325 million.
- Community benefits including affordable housing, parkland in addition to what’s already required of new developments, and a local hire agreement for construction; the housing and parks would be given a dollar value that would be subtracted from the land’s selling price.
- As the stadium’s owner, Moreno’s partnership would be required to provide parking at the current level of 12,500 spaces, which will likely require building a costly parking garage as development moves forward; the team also would be solely responsible for either making millions in stadium repairs or building a new venue.
- Other impacts to the city’s bottom line, such as canceling its annual stadium maintenance fund payment of about $700,000; Anaheim would still be on the hook to pay about $523,000 in debt left over from an ill-fated addition of exhibit space in the late 1980s.<<
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