Moreno has owned the Angels since 2003. Los Angeles Angels owner Arte Moreno announced Tuesday that he has begun a formal process to evaluate strategic options, including a potential sale of the team.
Moreno bought the Angels from Disney for $180 million in May 2003, a few months after the franchise won its only World Series championship.
It has been an amazing privilege and honor to claim the Angels for 20 seasons. As an association, we have attempted to furnish our fans with a reasonable and family-accommodating ballpark experience.
While handling a cutthroat setup that incorporates a portion of the game’s untouched greats.
Although this difficult decision was entirely our choice and deserved a lot of thoughtful consideration, my family and I eventually came to the conclusion that the time had come.
Throughout this process, we will continue to run the franchise in the best interest of our fans, employees and business partners.