Moreno announced in August that he was exploring a bid to sell the team, but he now says that “we have unfinished business and feel we can make a positive impact on the future of the team and the f…
Angels owner Arte Moreno, who announced in August that he was, announced on Monday that the team is no longer for sale.
The surprising development ends months of speculation about the future of the team and adds intrigue to the case of Shohei Ohtani. Manfred said last month that several groups had been cleared to look at the team’s financial information in preparation for the start of the bidding process. The Angels also brought two of baseball’s greatest starts to the majors during Moreno’s tenure, drafting Mike Trout in 2009 and signing Ohtani as an international free agent in 2017.
One of the main reasons for the organization’s troubles has been a failure to develop talent through the farm system. Many who have been in the organization believe that issue began with Moreno’s reluctance to spend on player development.
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