Story | KTTV: Angels opt out of stadium lease

  • Story | KTTV: Angels opt out of stadium lease

Story | KTTV: Angels opt out of stadium lease

The Los Angeles Angels of Anaheim officially opted out of their lease with the Orange County city Tuesday, reviving speculation over whether the team will stay in Anaheim or seek a new Southern California home.

"As we look to the future, we need the ability to continue to deliver a high-quality fan experience beyond what the original lease allows". And we understand that the Angels need to preserve all options available. Angels Stadium opened in 1966 and is now the fourth-oldest park in the majors, but that doesn't mean people aren't showing up. Opening in 1966, only Fenway Park, Wrigley Field and Dodger Stadium are older.

A spokeswoman for the Angels told the Los Angeles Times that team officials would meet with city leaders after the upcoming election - when a new mayor will be chosen - to discuss options, which could include negotiating a new lease at the facility.

"It's today, or 10 years from now", Garvey said, according to the newspaper.

Garvey would not say whether remaining in Anaheim was the Angels' first choice.

The Angels had to opt of their lease by the end of the day, or the franchise would be locked in until 2028. Now they have options. "The Mayor and City of Anaheim have had eight years to negotiate in good faith with the team and didn't get it done".

The sides are believed to have focused on a stadium that would have seated about 37,000 and cost about $700 million.

Garvey said the Angels are exploring all of their options moving forward but that they aren't anticipating finding a city in the area willing to finance a new stadium. "There is a significant investment involved either way".