Angels Owner Ends His Bid To Sell The Team

Late in the 2022 season, Arte Moreno, the longtime owner of the Los Angeles Angels, announced that he would begin an exploratory process to potentially sell the team.

Moreno is well known for having dished out some of the largest contracts in Angels history, including those of Albert Pujols and Josh Hamilton.

However, it appears that Moreno had a change of heart and has ultimately decided not to sell the team.

The longtime Halos owner released a statement on the matter, citing his desire to help build a contending ballclub in Anaheim by pointing out that he had committed to a franchise record in player payroll.

The Angels posted the statement on Twitter.

Today, the #Angels announced that the Moreno Family is ending the exploratory process to sell the team and will continue ownership throughout the 2023 Season and beyond. pic.twitter.com/aokYfba1Dp

— Los Angeles Angels (@Angels) January 23, 2023

It looks like Moreno won’t be selling the team after all, at least for now.

The Angels have been quite active this offseason.

They began by signing veteran left-hander Tyler Anderson, who is coming off an All-Star season with the Los Angeles Dodgers, to go next to Shohei Ohtani in their rotation.

They also traded for Gio Urshela and signed super utilityman Brandon Drury to a two-year deal.

At the very least, the Angels have been more active this offseason than in previous ones and look determined to bounce back from a disastrous 2022 season.

The Angels started the season hot, but ultimately fell out of contention by June after a 14-game losing skid.

With their additions, they look prepared to bounce back into postseason contention for the first time since 2015.

The Halos last reached October in 2014, when they won 98 games and their most recent AL West title.