Here's how little Anaheim's share of Angels ticket revenue was worth this year
Briefly

Here's how little Anaheim's share of Angels ticket revenue was worth this year
"Until Sunday, in fact, the city did not know for certain that it would get even a penny in ticket revenue. As part of their lease to play in the city-owned stadium, the Angels are required to pay the city $2 for every ticket sold beyond 2.6 million. On Sunday, the final day of the regular season, the last-place Angels topped that threshold by 15,506. The payment to Anaheim: $31,012."
"In better times - amid a run of six postseason appearances in eight years - the city received more than $1 million annually in ticket revenue. The high point: $1,613,580 in 2006, when the team sold a record 3,406,790 tickets. Although major league teams do not disclose their financial data, Forbes estimated the Angels generated $120 million in ticket revenue last year. The Angels sold 2.58 million tickets last year, so the city received none of that revenue."
Anaheim faces an annual deficit projected at $64 million. The Angels barely exceeded a 2.6 million-ticket lease threshold, producing a $31,012 payment to the city. The lease requires the team to pay $2 for each ticket sold above 2.6 million. During a stretch of postseason success the city collected over $1 million annually, peaking at $1,613,580 in 2006 when the Angels sold 3,406,790 tickets. Forbes estimated the Angels generated $120 million in ticket revenue last year, but selling 2.58 million tickets meant no payment to Anaheim under the lease. The 2.6 million figure was set in a 1996 lease as an aspirational target.
Read at Los Angeles Times
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