ANAHEIM, Calif. — The Los Angeles Angels have officially prolonged their lease at Angel Stadium until 2032.
This announcement was made on Wednesday, revealing that the team will continue to call the stadium home, a location they have occupied since 1966.
Currently, their lease extends until 2029, but it encompasses options for three additional three-year extensions, potentially allowing the Angels to remain there until 2038 if all options are exercised.

Marie Garvey, a spokesperson for the Angels, expressed enthusiasm, stating, “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.”
She added, “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 is one of the oldest stadiums still in use among major league venues, ranking as the fourth oldest.
Much like historic ballparks such as Fenway Park, Wrigley Field, and Dodger Stadium, this Orange County stadium has seen significant renovations since it first opened its doors.

The financial relationship between the Angels and the city involves shared revenue from ticket sales, parking fees, and various events hosted at the stadium, which was originally known as Anaheim Stadium for its first three decades of operation.

Angels owner Arte Moreno has long featured ambitions to purchase Angel Stadium along with the surrounding land, with designs on potentially constructing a new stadium and redeveloping parking areas.
A $320 million sale to Moreno was approved by the city in 2020; however, this agreement fell apart in 2022 due to a corruption scandal involving then-Anaheim Mayor Harry Sidhu, who subsequently stepped down from his position.

Meanwhile, across Katella Avenue, Henry Samueli, the owner of the Anaheim Ducks, is progressing with plans for OCVibe, a substantial 100-acre entertainment district that includes extensive commercial and residential projects.
Valued at around $4 billion, this development will soon surround the Honda Center, which is also under city ownership.

Though the future of the Angels remains somewhat uncertain in the long run, the current lease extension suggests that the possibility of Moreno building a new stadium in the next four years is highly unlikely.
The city clarified in a statement, “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.”