60-year-old MLB ballpark given stay of execution as new $27bn owner issues statement on relocation

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The Los Angeles Angels could be building a brand new ballpark, but there are no immediate plans to get the ball rolling.Arsenal FC owner Stan Kroenke bought the MLB franchise, and its broadcast network for $4bn, the largest sale in history.Kroenke has added the Los Angeles Angels to his sports portfolioGettyThe purchase from Arte Moreno immediately raised questions about the franchises’ future in Anaheim.The current lease at Angels Stadium expires at the conclusion of the 2032 MLB season.Forbes reported earlier this week a plan for brand new $2.5 billion stadium project was already being put together, but then retracted that statement.The outlet explained that a Kroenke Sports & Entertainment (KSE) spokesman told them “the Angels were not ready to move forward on the project at this time, but might in the future.”Along similar lines, KSE told Front Office Sports that no final decisions have been made yet about the future of Angel Stadium.When Kroenke, owner of the NFL‘s Los Angeles Rams, finalizes the purchase in January, 2027 he will have plenty of reasons to push for a new-build.Angel Stadium is the fourth oldest in the league having opened its doors to fans in 1966.Only Boston’s Fenway Park, Chicago’s Wrigley Field and Los Angeles’ Dodger Stadium are older in the league.Despite an extensive renovation in the late 1990s, that added its iconic rock formation in center field, the stadium consistently ranks low in MLB player surveys.The ballpark also it had an issue earlier in 2026 when rodent droppings were discovered at a concession stand.Angel Stadium is the fourth oldest in baseball having opened in 1966GettyA KES spokesperson denied claims that the team have begun to plan a new stadiumGettyAny forthcoming deal at the Angel Stadium property, including a new ballpark, would be bound by the California Surplus Land Act.This requires public bodies in the state to prioritize affordable housing development and open space when selling or leasing land.There is now a big incentive in place, however, that would allow Kroenke and the city of Anaheim a waiver from that requirement. California Gov. Gavin Newsom signed into law the “Home Run for Anaheim Act,” a measure that would relieve those affordable housing requirements if the team reverts to its prior geographic signifier of Anaheim. Moreno led the 2016 shift for the franchise to become known as the Los Angeles Angels, but that move was met with intense backlash. By doing this, Kroenke wouldn’t just appease a fanbase eager to reconnect with its local roots, he would instantly clear a direct path through California’s red tape.California Gov. Gavin Newsome might have given Kroenke a path around their laws on housing developmentsGettyKroenke is known for transforming real estate into modern athletic cathedrals.Clearing the political hurdle may be the spark that finally turns an aging ballpark into Southern California’s next premier sports district.