:format(webp)/cdn.vox-cdn.com/uploads/chorus_image/image/71275517/1307833198.0.jpg "Los Angeles Angels news update: Owner Arte Moreno exploring selling team")
The Los Angeles Angels might have a new owner in the near future.
Current owner Arte Moreno said in a statement Tuesday that “now is the time” to explore a new leader for the franchise.
“It has been a great honor and privilege to own the Angels for 20 seasons,” Moreno said. “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.”
“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.”