The Irvine City Council has approved a five-year agreement with Innovation Baseball Partners (IBP) to bring a professional baseball team to the Great Park Championship Baseball Stadium beginning next summer.

The new, yet-to-be-named team will join IBP's three other teams that compete in the Pioneer Baseball League, an official partner league of Major League Baseball.

City officials estimate the partnership will generate just over $365,000 in annual revenue for the Great Park.

Community organizations and local teams, including the OC Riptide summer collegiate baseball team, will continue to have access to the stadium.