What’s the Final Price Tag for Angel Stadium?
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City of Anaheim officials have released a proposed sales agreement to sell the 153-acre Angel Stadium site and the surrounding land around it to a freshly-minted, shadowy LLC with undisclosed ownership interests that include Angels owner Arte Moreno. The sales agreement, which ties up the stadium land for future negotiations until next Spring, raises a starting price of $325 million along with a host of potential deductions for things like labor agreements, affordable housing and parks, which could significantly lower the final sales price.
