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. Continue reading