Venue Detail
Los Angeles Angels Of Anaheim
Revenues From Sports Venues Pro Facilities Report
February, 2011
Los Angeles Angels Of Anaheim
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2000 Gene Autry Way Anaheim, CA 92806 Phone: 714-940-2000 Fax: 714-940-2205 URL: www.angelsbaseball.com
Owner
Arturo Moreno
League
Major League Baseball American League, Western
Venue
Angel Stadium of Anaheim, Anaheim Stadium, Anaheim, CA 92806-6100 Owner: City of Anaheim Managed by: Team Built: 1966 Capacity: 45,050 Permanent concession stands: 39 Concessionaire: Aramark Suite caterer: The Levy Restaurants Soft drink: Pepsi Cola Beer: Multiple
Building sponsors
Seating: Yes
Naming rights
Sold to: Edison International Price: $50, 000,000 Term: 20 years Expires: 2017
Ticket prices
Season tickets range from $656 to $2,200 Single tickets range from $12.00 to $150.00
Attendance
2007 average attendance: 41,551 2008 average attendance: 41,194 2009 average attendance: 40,004
Luxury Suites
Quantity: 74 Term: 1 to 5 years Price: $57,000 to $200,000 Seats: 12 to 16 Includes: Tickets to the Angels and all other stadium events. Party suites that hold 24 lease for $2,400. Those that hold 12 to 16 lease for $1,500 per game.
Club seats
Quantity: 5,000 Term: 1 to 1 years Price: $1,640 to $3,444 Includes: Tickets, private restaurant and bars, in-seat wait staff.
Financing
The $24 million stadium was financed entirely by the city, but in 1996 the Walt Disney Co., owner of the Angels, contributed $70 million toward a $100 million renovation project. The city provided $30 million. Pct. public: 100
Built as a multipurpose facility in 1966 at a cost of $24 million and paid for with municipal bonds, Anaheim Stadium completed a $100+ million renovation in 1998. Virtually the entire interior of the venue is new.
The Angels split luxury suite revenue with the City of Anaheim; the team controls revenue from other tickets. The team retains all income from the stadium, including advertising, parking and concessions up to a threshold. Beyond that threshold, the city shares revenues with the team.
The stadium has 10 Diamond Club suites at the dugout level. They lease for $168,000. The rest are on the club level and those lease for $50,000 to $70,000 annually. Signs are sold as packages with other promotions.
In 2004, Edison International and the Angels came to terms about ending their naming rights deal early. The company paid more than $60 million for 20 years to name the ballpark Edison Field. The agreement included a clause that increased payments if mention of the ballpark's name increased. Those payments increased with the team's World Series victory. Company officials said the expense of the naming rights no longer made fiscal sense to them. When that deal expired, the name became Angel Stadium of Anaheim. (Baseball, Facilities, Financial, MLBVenueReport, Professional Sports)