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SBD/April 30, 2014/Facilities
Angels Say Release Of Stadium Value Could Lead To "Unworkable" Lease Negotiations
Published April 30, 2014
SEND ME AN ANGEL: In L.A., Bill Shaikin notes although the Angels and the city of Anaheim “agreed on the framework of a stadium deal seven months ago, the relations between the two sides have grown so strained that each side is accusing the other of trying to make significant changes to the terms of the deal.” In a March 21 letter to the city, Angels Dir of Legal Affairs & Risk Management Alex Winsberg “complained that a draft agreement presented by the city two days earlier ‘fundamentally conflicts with the basic intent of the deal.’” Carpino wrote in his letter the team was "shocked" by the draft agreement that he said "removed any inducement for the Angels to undertake the substantial economic risk and responsibility negotiated into the framework of the deal that was initially proposed by the City of Anaheim." In a March 31 letter to the Angels, City Attorney Michael Houston “reminded the team that the deal framework was subject to change upon further negotiations” (L.A. TIMES, 4/30).