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No More Disneyland?

 
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dodgerblue6



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PostPosted: Sun 2/16/14 5:25 pm    Post subject: No More Disneyland? Reply with quote

This one took me by surprise!

Arte Moreno is meeting with the City of Tustin about potentially moving the Angels should a new stadium be built in that city. The proposed site is former MCAS El Toro!

According to this article from MLB.com, the Halos' preference is to stay in O.C.

Good.
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forloveofthegame



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PostPosted: Tue 2/18/14 6:08 pm    Post subject: Reply with quote

That was not something I heard before yesterday although I see the article was from this weekend. And I was even in O.C. for a work meeting on Monday! Wonder if anything will come of this. Question
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dodgerblue6



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PostPosted: Tue 4/29/14 7:52 pm    Post subject: Reply with quote

From Bill Shaikin in the Sunday Baseball section of the L.A. Times:

BILL SHAIKIN / ON BASEBALL

"Something Has to Give in Stalled Stadium Lease Negotiations Between Angels and Anaheim"

City's mayor has been successful in framing the debate on the deal in a way that it has halted the process, even though the City Council has voted to approve the framework of an agreement.

By Bill Shaikin
April 26, 2014, 5:41 p.m.

You're the mayor. A guy walks into City Hall and offers to spend half a billion bucks to revitalize property owned by the City, at no cost to the City. What do you say?

If you're Anaheim Mayor Tom Tait, you call it a taxpayer giveaway.

This is not a knock at Tait. This is a tip of the cap toward a mayor who has been so incredibly successful in framing the debate surrounding the Angels' stadium lease negotiations that the process has ground to a dead halt.

It has been six months since the Anaheim City Council voted to approve the framework of a deal designed to keep the Angels in town for the long term, and to determine how to cover the estimated $150 million needed to keep Angel Stadium up and running for the long term.

The Angels first asked the City for cash. The City, properly, said no.

So the two sides agreed the Angels would cover that $150 million and, in exchange, would lease the land surrounding the stadium the parking lots - for $1 per year. If the Angels successfully developed the land, they could make back that money, and maybe more.

In Anaheim, the mayor has one vote on the City Council. Tait was outvoted, 4-1, but he has publicly objected to proceeding with the deal ever since.

It is not so much that Tait is the voice of the opposition. It is that Tait is the only voice.

The other four members of the City Council have remained silent, apparently taking political cover behind Tait. Anaheim has an interim City Manager, on the job for two months. The City's lead negotiator, Charles Black, resigned last month.

Angels owner Arte Moreno has remained silent too. He and other Angels officials have declined requests to explain why the deal would be good for the team and for the City.

"That's because it's not a good deal for the people," Tait said.

Angels spokeswoman Marie Garvey said team executives would be happy to help sell the deal, if and when the City and the Angels finalize one.

"There is no deal," Garvey said. "For us to discuss deal points that have not been agreed upon is misleading and unfair to the public."

On Friday, the city is expected to release a long-awaited appraisal, with estimates as to what the fair market value of the site might be, with and without the Angels playing there. Previous City estimates have ranged from $30 million to $380 million.

But the City does not need an appraisal to realize the land is worth much more without a baseball stadium, and without the parking it requires. If this is all about the best financial option for Tait and that would be an entirely honorable position, given that the revenue could go to police and fire services, youth sports, libraries and such then the City should let the Angels play out their lease and go elsewhere.

"It doesn't have to be the maximum best deal," Tait said. "There's a value you could put on having a hometown team."

Tait has framed the deal as a taxpayer giveaway because the potential land value, and return from development, might far exceed the $150 million cited as the Angels' contribution. Yet, if that land were so valuable, the City ought to have put up for bid the 45 acres, about a third of the land, that it can sell without the Angels having veto rights.

So long as the Angels play there, any significant development would require the construction of parking structures, to replace the spaces used for new buildings. That means, as the City has acknowledged, that the Angels are the most logical developer.

Two prominent developers, who reviewed the proposed Angels deal for The Times on condition of anonymity, estimated Moreno might spend $250 million to develop the site into something about as large as The Grove shopping and entertainment center in Los Angeles, about $150 million for construction, and about $100 million for parking structures. Moreno could take on a development partner, but that would be his responsibility.

And, given that Moreno would want money-making amenities as well as the required infrastructure improvements to stay at Angel Stadium, one major league owner estimated Moreno might put $200 million to $400 million into the ballpark, in all. The Dodgers' new owners have spent $150 million over the last two off-seasons on stadium upgrades.

Add it up, and Moreno might be in for more than $500 million. In fact, when former Dodgers owner Frank McCourt made a 2004 pitch for long-term Dodger Stadium improvements that included shops, concessions, parks, team offices, a team museum and two parking structures, he estimated the cost at $500 million.

All of this, remember, at no cost to the city of Anaheim.

The developers contacted by The Times said the City should be concerned about the possibility of Moreno selling the team at a premium because of the development rights, then laughing all the way to the bank without developing anything. Tait is concerned, and rightly so, that Moreno could make windfall profits without the city getting a cent.

The Angels are believed to be willing to negotiate in such areas, for instance, to consider some revenue sharing, to bind the deal on any future owner and to discuss meeting development deadlines or letting the City take back the property.

However, with talks at a stalemate because of the way Tait has framed the issue, the Angels have flirted with Tustin and kept an eye on Los Angeles. If Moreno has to commit much more than $500 million, his best financial play might be to build himself a ballpark.

Moreno says he wants to stay in Anaheim. Tait says he wants the Angels to stay, and his diligence will result in a better deal than the one the City might have gotten six months ago. There is no reason a deal cannot get done, if only someone would speak up on its behalf.

bill.shaikin@latimes.com

Twitter: @BillShaikin

http://www.latimes.com/sports/la-sp-baseball-shaikin-20140427,0,799079.story#ixzz30KjwFJhO
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dodgerblue6



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PostPosted: Mon 9/29/14 8:29 pm    Post subject: Reply with quote

For the first update on this topic in several months, the Angels have ended stadium negotiations for a new lease with the City of Anaheim.
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dodgerblue6



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PostPosted: Fri 8/12/16 2:38 pm    Post subject: Reply with quote

Haven't had any reason to update this thread in over a year, but now...is it back to square one?

From the L.A. Times:

"Angels Renew Stadium Talks With Anaheim After Striking Out in Tustin"

by Bill Shaikin

With their hopes dashed for a new ballpark in Tustin, the Angels have renewed talks with the city of Anaheim about an Angel Stadium renovation and lease extension.

The developer of the proposed Tustin site said his firm worked extensively in recent months on a ballpark project, but could not structure a deal that made economic sense for the development company, for Tustin and for the Angels.

My guess is, they are going to stay in Anaheim, said Dene Oliver, chief executive officer of San Diego-based Oliver McMillan.

The Angels current lease extends through 2029, although the team can opt out no later than 2019. Angel Stadium opened in 1966, and the only older major league ballparks still in use are Bostons Fenway Park (1912), Chicagos Wrigley Field (1914) and Dodger Stadium (1962).

Right now, we are in discussions with Anaheim to see if we can find a way to continue to deliver a high-quality fan experience in a City-owned aging stadium, Angels spokesperson Marie Garvey said.

Anaheim Mayor Tom Tait said the City Council has not yet been briefed on the talks. He said he would like the City to strike a deal with the Angels.

My preference is to find a win-win, Tait said, thats a good deal for the people of Anaheim. Theres lots of room for that.

In 2013, the Anaheim City Council approved the framework of a deal in which the Angels would have paid an estimated $150 million to refurbish Angel Stadium in exchange for a $1-per-year lease on part of the surrounding parking lot, providing team owner Arte Moreno with the opportunity to recoup his stadium renovation costs with profitable development of the surrounding land.

Tait immediately objected, suggesting the team and City share the development profits. The City also commissioned an appraisal that valued the land at $225 million when leased to a developer.

The Angels ended negotiations with Anaheim in 2014. They explored options for new ballparks in Los Angeles, Carson and Irvine, but prioritized Tustin because of its proximity to the current stadium and fan base.

In 2015, Tustin reached agreement with Oliver McMillan to develop the southwest portion of an old Marine Corps base about eight miles southeast of Anaheim and directed the firm to work with the Angels to see how a ballpark might fit into the 123-acre site.

Moving to Tustin would require a new stadium, Garvey said, and at this time, it is too much of a hurdle for all of the parties involved.

The two sides are believed to have focused on a stadium that would have seated about 37,000 and cost about $700 million. Tustin officials had said they would not provide taxpayer funding for stadium construction.

At this point, theres not a path forward thats economically viable for anyone, Oliver said.

The Angels have not ruled out renewing a search outside Anaheim, or simply letting their current lease there play out. For now, however, the focus appears to be on a new deal with Anaheim.

The Anaheim City Council expands from five to seven members after the November election, a possible impetus for a deal before then. Of the five current members of the council, three voted in favor of that 2013 deal framework.

The council last year retained Wylie Aitken, a high-profile Orange County attorney, as its lead negotiator in talks with the Angels, although City staff appears to be leading this round of discussions. Aitken has not invoiced the City for any work related to the Angels, according to city records obtained by the Los Angeles Times. He also did not return several calls from The Times.

bill.shaikin@latimes.com
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forloveofthegame



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PostPosted: Mon 8/15/16 3:23 pm    Post subject: Reply with quote

We were just talking about this with our Angel fans season ticket holder friends. They would prefer they stay in Anaheim and work something out with the City of Anaheim. Maybe they will even go back to being the Anaheim Angels. Who knows Wink
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dodgerblue6



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PostPosted: Sun 2/19/17 10:46 pm    Post subject: Reply with quote

An update from the L.A. Times:

"Angels to Stay in Anaheim Through at Least 2029"

February 18, 2017

by Pedro Moura

In his first news conference since October 2015, Angels owner Arte Moreno said on Saturday that his team is staying at Angel Stadium for the foreseeable future.

The franchise holds the right to opt out of its Angel Stadium lease in 2019 and has long been considering a move within Orange County around that. But no suitable location has been found, so they will stay.

Moreno said the club holds additional opt-out opportunities in 2028 and 2038, although, as written, the lease expires at the end of 2029 and then contains three three-year opt-in clauses, extending through 2038.

Opened in 1966, Angel Stadium is the fourth-oldest stadium in Major League Baseball. Fifteen of the league’s 30 teams will play this season in stadiums opened in 2000 or later.

Speaking at Tempe Diablo Stadium ahead of his club’s first scheduled full-squad workout of 2017, Moreno said he believed any move would require at least three years of advance planning because of environmental restrictions in California.

“It’s going to take some time to get ourselves prepared to see what direction we’re going to go,” Moreno said. “We have options with the lease, whether we exercise them or not. We really have options all the way through ’38. We have flexibility.”

The Times reported in August that the developer of one proposed site in Tustin said his firm could not structure a deal that made economic sense for the development company, for Tustin and for the Angels.

Moreno said the franchise spent $1.5 million to install LED lights in the stadium over the off-season. They were first deployed during Supercross events last month.

“If we were leaving, we wouldn’t be spending any capital on lights,” he said.


pedro.moura@latimes.com

Copyright © 2017, Los Angeles Times
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sunnyblue



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PostPosted: Mon 2/20/17 2:19 pm    Post subject: Reply with quote

My family was pretty much happy to hear this.
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forloveofthegame



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PostPosted: Wed 2/22/17 12:01 pm    Post subject: Reply with quote

Good news.
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dodgerblue6



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PostPosted: Tue 10/16/18 4:01 pm    Post subject: Reply with quote

Okay, so...it was announced this afternoon that the Angels are opting out of their lease. What's next? Question

From the L.A. Times:

"Angels Opt Out of their Angel Stadium Lease, But it Doesn't Mean They're Leaving"

By BILL SHAIKIN
OCT 16, 2018 | 2:35 PM


The Angels opted out of their lease with the city of Anaheim on Tuesday, setting the stage for another round of negotiations over whether the team remains in their longtime host city or finds a new home elsewhere in Southern California.

“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,” Angels president John Carpino said in a statement. “It is important that we look at all our options and how we can best serve our fans now and in the future.”

Angel Stadium, which opened in 1966, is the fourth-oldest ballpark in the major leagues, behind Boston’s Fenway Park, Chicago’s Wrigley Field and Dodger Stadium.

Since 2003, the first season of Arte Moreno’s ownership, the Angels and New York Yankees are the only major league teams to sell three million tickets every year.

Anaheim Mayor Tom Tait, who led the drive against a tentative agreement between the city and the team for an Angel Stadium renovation in 2013, is in his final term. Voters in Anaheim will elect a new mayor and three new council members next month.

Angels spokeswoman Marie Garvey said the decision to opt out was not meant to influence voters. She said the lease required the team to opt out no later than Tuesday or wait until 2028 for another chance to do so.

“It’s today, or 10 years from now,” Garvey said. “There’s no option in between.”

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

“We’ll sit down with the new mayor and City Council,” she said. “We also are going to look at all our options.”

The Angels ended negotiations with Anaheim in 2014, then revived them briefly in 2016. They explored options for new ballparks in Los Angeles, Carson and Irvine, but prioritized a proposal for a new stadium in Tustin because of its proximity to their current home and fan base.

The sides are believed to have focused on a stadium that would have seated about 37,000 and cost about $700 million. Tustin officials said then that they would not provide taxpayer funding for stadium construction.

Moreno said last year that the team would play at Angel Stadium until the lease ends in 2029.

In a statement, the city of Anaheim acknowledged that Moreno needed to act now or lose his flexibility for the next decade.

“We look forward to many great years of Angels baseball in Anaheim,” the city statement said. “We don’t believe there is a better place for the team than in the heart of Orange County’s most exciting city.…

“As fun as baseball is in Anaheim, this is a reminder that this is still a business. And we understand that the Angels need to preserve all options available. We welcome talking with the team about the future of baseball in Anaheim.”

By exercising the opt-out clause, the Angels can leave Angel Stadium after the 2019 season. The City and team would have to negotiate what might happen beyond next season.

Moreno said last year that he believed any move to a new ballpark would require at least three years of planning.

Under the failed 2013 deal, initially proposed by the City, Anaheim would have provided land in the stadium parking lot to Moreno, who would have agreed to pay for an estimated $150 million in stadium improvements, at no cost to the City.

Moreno could have recouped his investment by developing the land. Tait objected to the City selling the land to Moreno for $1, and to the City not sharing in the profits from development.

Garvey said the Angels understand they are unlikely to find a city in Southern California willing to pay for a new ballpark.

“We understand the realities of California,” she said. “There is a significant investment involved either way.”
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forloveofthegame



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PostPosted: Tue 10/16/18 10:17 pm    Post subject: Reply with quote

Very curious to see what happens!
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sunnyblue



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PostPosted: Sat 10/20/18 7:04 pm    Post subject: Reply with quote

Yeah, there is a lot being said and I understand why they had to announce it then.
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