• Loading stock data...
Monday, January 5, 2026
Law

Trial Over $320M Angel Stadium Development Plan Underway

  • A trial over whether Anaheim illegally sold land to the Angels’ owner has begun.
  • A decision is expected in around 30 days.
Anaheim-Angels-Stadium
Kirby Lee-USA TODAY Sports/Design: Alex Brooks

A civil trial regarding whether the City of Anaheim violated state laws over the $320 million sale of Angel Stadium and the surrounding 150 acres is underway in an Orange County Superior Court. 

Filed by the People’s Homeless Task Force, the lawsuit alleges that Anaheim violated the state’s open meeting laws during the sale and asks that a deal be redone with proper public notice. 

The Anaheim City Council sold the stadium — home of the Los Angeles Angels — to SRB Management, a new company started by team owner Arte Moreno, who reportedly agreed to keep the team in Anaheim until 2050 as part of the deal. 

  • Costs included $150 million to the city and $170 million for affordable housing and a park.
  • There are plans to develop a mini-city on the site that includes hotels, shops, and restaurants.  

Superior Court Judge David Hoffer said he expects to issue a decision in about 30 days but anticipates an appeal, however he rules.

Uphill Battle

In December 2021, California’s state housing agency declared the sale illegal for not following the Surplus Land Act, which requires public land to first be offered to affordable housing developers.

The deal was spoken about publicly in only two meetings before being approved.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

U.S. Action in Venezuela Disrupts Pro League, MLB Players, and WBC Plans

The country’s pro baseball league briefly suspends play.
Dec 30, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) reacts after scoring a basket against the Detroit Pistons during the second half at Crypto.com Arena

Why Pro Sports Team Valuations Will Keep Climbing in 2026

Asset scarcity and increasing media-rights deals underpin soaring valuations.
Dec 8, 2025; Orlando, FL, USA; MLB Commissioner Rob Manfred speaks with the media during the 2025 MLB Winter Meetings at Signia by Hilton Hotel

MLB Is Staring Down a Fractious Year of Labor Talks 

MLB owners and players are preparing for unprecedented labor negotiations.
Imagn Images/Front Office Sports

FOS Crystal Ball: Predictions for the Business of Sports in 2026

Here’s what FOS journalists think could be on the horizon.

Featured Today

Heated Rivalry (L to R) - Connor Storrie as Ilya Rozanov and Hudson Williams as Shane Hollander in Episode 104 of Heated Rivalry. Cr. Sabrina Lantos © 2025

Hockey Needed Some Virality. Then Came ‘Heated Rivalry’

No one was prepared for the Canadian show’s smash success.
Rob Manfred
exclusive
December 23, 2025

MLB Teams Fear League Will Pick Winners and Losers in Tech

One company under consideration was founded by a top MLB exec’s uncle.
December 23, 2025

What It Takes to Pull Off Florida’s First Outdoor NHL Game

The Rangers will face the Panthers in Miami’s first NHL Winter Classic.
December 14, 2025

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
Drake

Drake, Stake Sued Again as Sweepstakes Apps Come Under More Scrutiny

Defendants used the platform to boost Drake’s streaming numbers, the suit claims.
December 23, 2025

Terry Rozier Says Feds Overreached in Gambling Prosecution

Rozier argues the evidence against him is weak.
Dec 1, 2025; Foxborough, Massachusetts, USA; New England Patriots wide receiver Stefon Diggs (8) runs after a catch during the first quarter against the New York Giants at Gillette Stadium.
December 30, 2025

Stefon Diggs Faces Assault, Strangulation Charges

Diggs’s attorney said the alleged incident “did not occur.”
Sponsored

The CFP Bowl Game Tickets Everyone Wants

The second 12-team College Football Playoff is in full swing and tickets to these games are selling at a premium.
Track & Field: Grand Slam Track Philadelphia
December 22, 2025

Grand Slam Track Owes More Than $31 Million, New Filings Show

The league proposed a deal with Winners Alliance for a $2.9M loan.
Sep 15, 2024; Arlington, Texas, USA; Boxer Mike Tyson on the field before the game between the Dallas Cowboys and New Orleans Saints at AT&T Stadium.
December 22, 2025

Mike Tyson, Ric Flair Sue Ex-Partners in Weed Business for $50 Million

The suit names three former execs whose company distributed the stars’ products.
Tyler Skaggs
December 19, 2025

Angels Settle With Skaggs Family After Jury Was Set to Award $100..

Skaggs died of a drug overdose six years ago.
Feb 5, 2025; New Orleans, LA, USA; The NFLPA logo at press conference at the Super Bowl LIX media center at the Ernest N. Morial Convention Center.
December 19, 2025

Longtime NFLPA Lawyer Says Union Punished Her For Talking to Feds

Heather McPhee agreed to cooperate with a federal investigation into union leaders.