The Los Angeles Angels have decided to extend their lease at Angel Stadium until 2032.
The team and the city of Anaheim, which owns the stadium, made the announcement on Wednesday about the extension that will keep the Angels in the stadium they have used since 1966.
Currently, the team’s lease runs through 2029, but it includes three three-year options for extensions, which could keep the team in the stadium until 2038 if exercised.
“We are excited to announce that we have extended our lease securing the Big A as the home of Angels Baseball into the next decade,” said Angels spokesperson Marie Garvey. “As we prepare for our 60th season in Anaheim, we wanted our fans and community partners to know that Angels Baseball and its foundation remain committed to being an active part of this city and region.”
Angel Stadium, the fourth-oldest stadium in Major League Baseball, has undergone many renovations over the years, just like other older stadiums such as Fenway Park, Wrigley Field, and Dodger Stadium.
The Angels and the city share revenue from things like ticket sales, parking, and events at the ballpark, which was called Anaheim Stadium for its first 32 years.
Angels owner Arte Moreno has expressed his interest in purchasing Angel Stadium and the land around it for years. He planned to build a new stadium and develop the parking lots. In 2020, the city approved a $320 million sale to Moreno, but the deal fell through in 2022 after a corruption investigation involving Anaheim Mayor Harry Sidhu, who resigned.
Just across Katella Avenue from Angel Stadium, the Anaheim Ducks’ owner Henry Samueli is building a $4 billion project, OCVibe, which will feature a 100-acre entertainment district with residential and commercial developments around the NHL team’s Honda Center.
While the Angels’ future is still uncertain, the current extension makes it clear that Moreno is unlikely to build a new stadium within the next four years.
“The extension is not the result of any long-term discussions between the team and the city, and there are no long-term lease or other talks underway,” the city said in a statement.
