• Loading stock data...
Sunday, May 5, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Angels Owner Could Revive Talks on Land Deal Surrounding Stadium

  • Angels owner Arte Moreno will meet with Anaheim mayor Ashleigh Aitken.
  • The city scuttled a previous deal for the stadium land following corruption allegations against the previous mayor.
Los Angeles Angels center fielder Mike Trout (27) greeted by designated hitter Shohei Ohtani (17) after hitting a home run during the fourth inning against the Texas Rangers at Angel Stadium.
Kiyoshi Mio-USA TODAY Sports

The city of Anaheim may be reopening talks on a deal with the Angels that brought down its previous mayor.

Angels owner Arte Moreno plans to meet with Anaheim mayor Ashleigh Aitken — and while Moreno wouldn’t specify the nature of the meeting, the team and city have some major unfinished business.

Last year, the city agreed to sell Angel Stadium and the surrounding land for $320 million to a company controlled by Moreno, which planned to develop the land with housing, parks, and retail. 

In May, the city council unanimously voted to cancel the deal following corruption allegations against former mayor Harry Sidhu. Sidhu is under investigation by the FBI for allegedly passing confidential information to the team in the hopes of securing a hefty campaign donation.

Los Angeles Angels owner Arte Moreno (right) and outfielder Mike Trout

Angels Owner Explains Why He Rejected Record Bids

Angels owner Arte Moreno said he had offers above $2.6 billion.
March 13, 2023

The Angels lease runs until 2029, with a series of three-year options that can extend it to 2038, providing the team leverage in any potential talks. City council members have considered challenging the lease arrangement.

Moreno said he would sell the team following Sidhu’s resignation, but later reversed course after meeting with potential buyers. He recently claimed to have three offers north of $2.6 billion for the team, a sum which set an MLB record.

While the city could develop the land independently, doing so would require the Angels’ permission.

Meanwhile, the Anaheim Ducks, who play in the nearby Honda Center, are beginning construction on a development that will include homes, offices, restaurants, shops, parks, and a concert hall.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

From Hype to Staple: Miami GP Now a Formula One Fixture

Ticket pricing and viewership have fallen, but the high-profile race is still becoming core to the local sports scene.

Miami GP Highlights Continued Formula One Investment in the U.S.

F1 now has three events in the U.S., and each one has its own unique draw.

Lights, Camera, Premier League: Wrexham Owners’ Hollywood-Like Plan

Plans are brewing to triple the club’s stadium capacity.
podcast thumbnail mobile
Front Office Sports Today

How Red Bull Laps the F1 Competition and Builds the Brand

0:00
0:00

Featured Today

May 6, 2023; Miami Gardens, Florida, USA; Red Bull driver Max Verstappen (1) of the Netherlands walks through the garage area following qualifying for the Miami Grand Prix at Miami International Autodrome.

Max Verstappen Is Unstoppable. Is That Hurting F1 With New American Fans?

Formula One could be facing an inevitable plateau in the United States.
Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.
May 4, 2024

Everything to Know About the Coyotes’ Second Chance at NHL Life

The clock is ticking in order to restart a Phoenix expansion team.
April 28, 2024

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

RFK’s Demolition Could Fast-Track Commanders’ Return to D.C.

The National Park Service gives the official green light to demolish the vacant facility.
May 1, 2024

Chiefs, Browns’ Stadium Renderings: Familiar Looking and … Premature?

New renderings and funding proposals begin to take shape long before any stadium deals are finalized.
May 2, 2024

Bears’ $4.7 Billion Stadium Pitch Caught in a Game of Political Football

The office of Illinois Gov. J.B. Pritzker brands the team’s stadium proposal as a ‘nonstarter.’
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 30, 2024

Not a Done Deal: Arlington Heights Keeps Its Bears Stadium Hopes Alive

Arlington Heights’ mayor says the village is ready to restart stadium talks with the NFL team.
April 30, 2024

The A’s Still Have a $1.5B Question: Where’s the Money Coming From?

Team owner John Fisher reportedly looks to raise $500 million to help fund a new ballpark.
April 29, 2024

Chiefs, Royals Changing Course: From Neighbors to … Different States?

The long-time pro team neighbors and frequent allies are now working separately on stadium efforts.
April 26, 2024

Indianapolis Officially Vying for MLS Expansion Team

Questions arise about current plans for a stadium for its USL team.