Angels and Anaheim reach a deal for the team to stay in city through 2050
LOS ANGELES - The Los Angeles Angels have bound themselves to the city of Anaheim longer than they have bound themselves to Mike Trout.
For more than half a century, the Angels have played in a stadium surrounded by acres of parking lots. For the first time, the Angels will have the chance to turn those parking lots into an attraction of their own.
The Angels and the city agreed Wednesday on a deal under which a company affiliated with Angels owner Arte Moreno would buy Angel Stadium and the surrounding property for $325 million. The city would not contribute to the cost of either renovating the stadium or building a new one, and the Angels would decide whether to upgrade or replace the current stadium.
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