{"id":54178,"date":"2022-08-23T20:18:24","date_gmt":"2022-08-23T20:18:24","guid":{"rendered":"https:\/\/harchi90.com\/angels-owner-arte-moreno-exploring-potential-sale-what-it-would-mean-for-the-halos-and-shohei-ohtani\/"},"modified":"2022-08-23T20:18:24","modified_gmt":"2022-08-23T20:18:24","slug":"angels-owner-arte-moreno-exploring-potential-sale-what-it-would-mean-for-the-halos-and-shohei-ohtani","status":"publish","type":"post","link":"https:\/\/harchi90.com\/angels-owner-arte-moreno-exploring-potential-sale-what-it-would-mean-for-the-halos-and-shohei-ohtani\/","title":{"rendered":"Angels owner Arte Moreno exploring potential sale: What it would mean for the Halos and Shohei Ohtani"},"content":{"rendered":"
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Los Angeles Angels owner Arte Moreno announced Tuesday he has begun a formal process to “evaluate strategic alternatives including a possible sale of the team.” Moreno purchased the Angels from Disney for $180 million in May 2003, a few months after the franchise won its only World Series championship. <\/p>\n

Here is Moreno’s statement on a potential sale:<\/p>\n

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“It has been a great honor and privilege to own the Angels for 20 seasons. As an Organization, we have worked to provide our fans an affordable and family-friendly ballpark experience while fielding competitive lineups which included some of the game’s all-time greatest players.”<\/p>\n

“Although this difficult decision was entirely our choice and deserved a great deal of thoughtful consideration, my family and I have ultimately come to the conclusion that now is the time. Throughout this process, we will continue to run the franchise in the best interest of our fans, employees, players, and business partners.” <\/p>\n<\/blockquote>\n

This news comes three months after the Anaheim City Council voided a $320 million deal to sell the 153-acre Angel Stadium property to Moreno, who would have then developed the real estate. The deal was negotiated illegally and the City Council paid a $96 million fine following a FBI corruption probe into former mayor Harry Sidhu. Sidhu resigned shortly thereafter.<\/p>\n

Moreno, 76, is MLB’s only non-white principal owner. He will leave behind a complicated legacy, one in which he consistently spent money on the big-league team but too often meddled in the day-to-day operations, and reportedly went over the front office’s head to broker several large free-agent contracts . The Angels were among the first teams to furlough employees during the pandemic shutdown in 2020, and Moreno pushed to cancel that year’s amateur draft as a cost-cutting move.<\/p>\n

The Angels have not been to the postseason since 2014 and they have not won a postseason game since 2009. With the caveat that a lot can change between now and a sale, the next Angels owner will inherit a team with several pricey long-term contracts . Also, the Angels are currently being sued by the family of former pitcher Tyler Skaggs following his drug-related death in 2019.<\/p>\n

Here are three things to know about the fallout stemming from the news Moreno is exploring a sale of the Angels.<\/p>\n

Ohtani’s future is even cloudier<\/h2>\n
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