The owner of the Los Angeles Angels said that he is looking into a possible sale.
It has been a pleasure to own the Angels for the last 20 years. 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 greatest players.
"Although this difficult decision was entirely our choice and deserved a great deal of thoughtful consideration, my family and I have decided that now is the time." We will run the franchise in the best interests of our fans, employees, players, and business partners.
In 2003 the Angels were purchased by the first Mexican-American to become majority owner of a major league baseball team. According to Forbes magazine, the team was worth over $2 billion in March.