The Los Angeles Angels announced on Tuesday that the team has opted out of their lease on Angel Stadium in Anaheim.
"Angels Baseball has notified the City of Anaheim that we are exercising our right under the one-time opt-out period to terminate the Stadium lease," club president John Carpino said. "As we look to the future, we need the ability to continue to deliver 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.