The Angels have officially opted out of their stadium lease with the City of Anaheim today. While the team is free to pursue other locations for a new ballpark, this is likely a negotiating tactic by Arte Moreno, whose desires to develop part of the parking lot into a dining and retail center are widely known.
Here is the official quote from the team:
“As we look to the future, we need the ability to continue to deliver a high-quality fan experience beyond what the original lease allows. It is important that we look at all our options and how we can best serve our fans now and in the future.