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Angels May Play Out Current Lease At Angel Stadium Rather Than Move To New Ballpark

Angels President John Carpino yesterday said that the team "might simply play out" its current lease at Angel Stadium after more than three years of "debating whether to negotiate a new lease" or move to a new ballpark, according to Bill Shaikin of the L.A. TIMES. The developer of a large-scale project next to Angel Stadium yesterday agreed to "postpone an Anaheim City Council vote on the project for three weeks, in the hope of resolving the team's objections to the development." In August, the city's Planning Commission "unanimously recommended approval of a 15-acre complex of shops, restaurants, offices, residences and a hotel on the site next to Angel Stadium." The Angels said that the city "had not adequately considered how traffic, parking, noise and air quality in the area would be affected by a project the team likened to LA Live." The Angels resumed talks on a new lease with Anaheim this year, after negotiations to build a new ballpark in Tustin "were unsuccessful." Although the Angels’ current lease extends through '29, the team can opt out no later than Oct. 16, 2018, which would "terminate the lease" after the '19 season. Carpino said that the Angels have "three options: move, renovate Angel Stadium, or play out the current lease." Shaikin notes the Angels have "emphasized the first two options, although it would be challenging for the team to identify a new site, finance a ballpark and build it within three years." Angels Owner Arte Moreno "declined to pay the entire cost of a new ballpark in Tustin, and cities in California are increasingly resistant to using taxpayer dollars to fund sports venues." Angel Stadium is the fourth-oldest ballpark in MLB (L.A. TIMES, 9/28).

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