Los Angeles Angels baseball team owner Arte Moreno has abandoned efforts to sell the franchise, the team announced Jan. 23. He and his family will continue ownership through the 2023 season and beyond.
Moreno officially began exploring the sale in August after nearly two decades as owner. In his latest announcement on social media, Moreno said they met with a number of individuals and groups interested in the club but realized their hearts remained with the team.
“During this process, it became clear that we have unfinished businesses and feel we can make a positive impact on the future of the team and the fan experience,” Moreno said on Twitter. “This offseason we committed to a franchise record player payroll and still want to accomplish our goal of bringing a World Series Championship back to our fans.”…
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