Over the past 16 fiscal years, Anaheim paid out slightly more for Angel Stadium than it received from the Angels, who use the city’s ball park and the expansive parking lot that comes with it, city figures show. For nine of the years, the city made money, and for seven, it paid more than it took in. Overall, the city of Anaheim has had a loss of $52,132, according to the O.C. Register.
Now the Anaheim City Council wants to turn over the parking lot at Angel Stadium to the wealthy owner of the Angels, essentially for free, in order to entice him to keep his team in Anaheim.
There is of course another option. Why not sell the entire Stadium, parking lot and all, to Moreno? City governments should not be in the stadium business in the first place. Sell it to Moreno for a fair price and then he can develop it as he pleases.
To be fair the entire lot should be put up for sale to the highest bidder. If Moreno is smart that should be him. He is threatening to move the team but why anger the fans who have supported this team for so many years by moving it to Los Angeles County? If they do that I for sure will stop supporting this team. We won’t go to their games at all and will instead support the real team in Los Angeles – the Dodgers.
The Anaheim City Council majority is not very bright so I don’t expect them to go for this option. But it would guarantee that they would no longer lose any money at all and would take away a huge liability from the city’s residents.
Anaheim should sell the Honda Center too.