Arte Moreno Selling the Angels?
MLB Loses One of the Most Hands-On Owners
Although the Angels haven’t seen an extremely great season in recent years, they have attracted many fans from Japan to Anaheim and Los Angeles.
Fans of the Los Angeles Angels are shocked to find that the team owner, Arte Moreno, expressed that he is exploring the options of selling the team. He has owned the Angels since the 2003, when he made the purchase after the team won the 2002 World Series.
Moreno is only exploring the option of selling the team, which means that it isn’t definite that there will be a different owner. However, if he were to sell the team, which is appraised for around $2.2 billion, the majority owner of the team is passed on to the future owner, who is responsible for funding the team and ensuring merchandise success.
Depending on the next owner, the team and its players will likely remain the same, but maybe a new owner means new scores.
