Getty Imagesin August that he’d initiated a formal process to evaluate strategic alternatives for the Los Angeles Angels, including a possible sale of the team, billionaire owner Arte Moreno said Monday that he’s ending the exploratory process and plans on keeping the MLB team beyond the 2023 season.that there were at least three people offering to pay more than the record $2.
The interested parties, one of whom was from Japan, all had bank accounts big enough to write a check for the team, according to the sources, who requested anonymity because they weren’t authorized to speak. One of the potential bidders went so far as to hire an architect and construction firm to visit Angel Stadium in Anaheim to examine how renovating the 57-year-old ballpark could boost revenue.
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