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Anaheim city leaders have agreed to a $2.75 million settlement with the owners of the Angels over the failed Angels Stadium sale.Anaheim city leaders have agreed to a $2.75 million settlement with the owners of the Angels over the failed sale of the stadium after the FBI intervened as part of a public corruption investigation.The money will come via the forfeiture of all revenue generated from baseball ticket sales, parking and other events at the Angels stadium over the next two to three years.
The money will come via the city's forfeiture of all revenue generated from baseball ticket sales, parking and other events at the Angels stadium over the next two to three years. This is the latest development in the 2022 Anaheim corruption scandal that erupted when federal investigators alleged influence peddling in local politics.
The fire station was to be built on city land currently leased by the Angels’ team owners. In 2022, the ownersif city officials pursued plans to build the fire station, saying it would violate the lease agreement. That opposition was dropped as part of the settlement. The fire station is expected to reduce medical and emergency response times since the nearest fire stations are around two miles away.In 2020, city leaders approved a $320 million sale of the stadium to the owners of the Angels.
But in 2022, the stadium sale fell through when federal investigators revealed that then-Anaheim Mayor Harry Sidhu shared “city-specific information” to the Angels owners that they could then use against the city in negotiations for the sale. Sidhu later resigned under pressure and hasAnaheim canceled the stadium sale the day the FBI revelations came out.
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