With their hopes dashed for a new ballpark in Tustin, the Angels have renewed talks with the city of Anaheim about an Angel Stadium renovation and lease extension.
The developer of the proposed Tustin site said his firm worked extensively in recent months on a ballpark project, but could not structure a deal that made economic sense for the development company, for Tustin and for the Angels.
“My guess is, they are going to stay in Anaheim,” said Dene Oliver, chief executive officer of San Diego-based Oliver McMillan.
The Angels’ current lease extends through 2029, although the team can opt out no later than 2019.