Angels owner Arte Moreno no longer selling the team

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Major League Baseball

9 minutes ago

Los Angeles Angels owner Arte Moreno announced Monday that he is ending the “exploratory process” of selling the franchise and will continue with ownership “through the 2023 season and beyond.”

“During this process, it became clear that we had unfinished business and we feel that we can have a positive impact on the future of the team and the fan experience,” Moreno said in a statement. “… As the discussions progressed and began to crystallize [with selling]”We realized that our hearts remain with the Angels and we are not ready to part ways with the fans, players and employees.”

The decision is a surprising turnaround from last August, when Moreno announced he was exploring selling the franchise after 20 seasons at the helm.

The Angels went 73-89 in 2022, missing the playoffs for the eighth consecutive season. This offseason, they added recent All-Star pitcher Tyler Anderson, infielders Brandon Drury and Gio Urshela and outfielder Hunter Renfroe.

Two-way superstar Shohei Ohtani is a free agent after the 2023 MLB season.

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