Report: After vote, Halos may drop 'of Anaheim'
MILWAUKEE -- The Anaheim City Council will vote Tuesday on whether to enter lease negotiations with the Angels that could keep the team in the city through 2057 and allow them to drop the "of Anaheim" part of their name, according to a Friday report by the Los Angeles Times.
Tuesday's vote would extend the Angels' opt-out window for their stadium lease from 2016 to 2019, giving the two sides additional time to negotiate a complex deal, according to the Times.
"We look forward to the City Council's decision on Tuesday regarding a framework that will guide our future discussions on the stadium lease," Angels president John Carpino said in an e-mail.
Under that proposed deal, the Angels would pay for a second major renovation of their 47-year-old stadium. In return, Angels owner Arte Moreno would rent land surrounding the stadium for $1 per year and secure development rights to that land for at least 66 years, as outlined by the Times.
With the new deal, the team would simply be known as the Los Angeles Angels.
Angel Stadium, the fourth-oldest ballpark in the Majors, was remodeled in 1996-97 for $118 million. The team's then-owners (The Walt Disney Co.) paid $98 million, while the city contributed the additional $20 million.