Angels to buy Angel Stadium, stay in Anaheim through 2050
ANAHEIM (AP) — The Los Angeles Angels have reached a proposed agreement to stay in Anaheim through 2050 as part of a deal in which they will pay $325 million to buy Angel Stadium and its surrounding parking lots from the city.
The Angels and the city government announced the deal Wednesday likely securing the franchise's long-term future in Orange County.
The team had a deadline of Dec. 31 to opt out of its lease or to stay committed until 2029. Instead, the sides reached a deal that allows the Angels to control the property and its plans for the surrounding acres while relieving the city of its costly maintenance obligations on the 53-year-old stadium.
The proposal will be considered by Anaheim's City Council in sta