SBD/July 3, 2013/Facilities

Anaheim Says Angel Stadium Needs $150M In Upgrades; Could Be Part Of Lease Negotiations

City and team officials have yet to decide who would finance Angel Stadium upgrades
Anaheim officials said that city-owned Angel Stadium needs upgrades costing up to $150M "over the next decade or so, an issue that might become part of lease negotiations with the baseball team," according to Sarah Tully of the ORANGE COUNTY REGISTER. City and Angels officials are "determining the long-term needs of the 47-year-old stadium." A draft report shows that renovations would cost between $120-150M for fixes, ranging from a "new electrical system to seats." Anaheim Convention Center, Sports & Entertainment Exec Director Tom Morton said that the report is "expected to be completed in several months or perhaps a year." The city and the Angels are "splitting the $135,000 cost of the report." There are "no safety concerns." Anaheim and Angels officials have "yet to determine who would pay for any work on the stadium," which is leased and managed by the team. The Angels are "expected to stay in town," but the proposed renovations will "likely be part of negotiations on the Angel Stadium lease." The team can "terminate the current one, which expires in 2029, as early as" '16. The city and the Angels have "shared the tab for renovations before." As part of the current lease approved in '96, then-Angels-Owner Disney "picked up" $97M of the cost while the city put in $20M (ORANGE COUNTY REGISTER, 7/3).
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Facilities, MLB, Los Angeles Angels

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