Anaheim approves $325M deal to sell stadium to Angels owner, keep team in OC for decades

Friday, December 20, 2019
ANAHEIM, Calif. (KABC) -- The Anaheim City Council has voted to approve a deal to sell Angel Stadium for $325 million to a group led by Angels owner Arte Moreno.

The 4-2 vote is expected to ensure the team stays in Anaheim at least through 2050.

The sale includes the 45,483-seat stadium and 153 acres of land, including 12,500 parking spaces and a 1,700 seat theater.

It is also expected to result in improvements to local parking, housing and businesses.

The city of Anaheim has owned the Big A since it opened in 1966.

Critics who opposed the deal believe the city would have made more money selling the property on the open market.
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