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

ByABC7.com staff KABC logo
Saturday, December 21, 2019
Anaheim approves deal to sell stadium to Angels owner
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.

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.