LOS ANGELES — Arte Moreno has started exploring the option of selling the Angels and has taken on Galatioto Sports Partners as financial advisors, the team announced Tuesday morning.
“It has been a great honor and privilege to own the Angels for 20 seasons,” Moreno said in a statement. “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.”
