Anaheim Council to Consider Disney’s $100-Million Stadium Proposal Today
The Anaheim City Council today may decide whether to accept a proposal from the Walt Disney Co. for $100 million in renovations to Anaheim Stadium and a new 30-year lease on the facility, thereby ending weeks of speculation over the future of the California Angels.
The offer currently on the table is essentially a 70-30 split, with Disney picking up the larger portion of the renovation cost, Angel executive Jackie Autry said Wednesday.
“Both sides have tried to be very creative in how they are moving this forward,†said Autry. “I think it’s an extremely fair offer. No owner to date has come up with that kind of money. I’d like to get this settled so the club can move forward.â€
Autry said she is not involved in talks but has been told that the city has identified $20 million it could spend on the renovations.
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