Arte Moreno has decided to sell the Los Angeles Angels after 23 years of ownership, during which the team made the postseason six times but has not been competitive since 2014. The sale comes after the departure of star player Shohei Ohtani and raises questions about the future direction of the franchise under new owner Stan Kroenke, who has a reputation for investing in talent and improving teams.
Kroenke, who also owns the NFL's Los Angeles Rams, is expected to bring a more effective management style to the Angels, potentially revitalizing the organization and retaining star player Mike Trout. The sale may also influence broader discussions in MLB regarding franchise values and the push for a salary cap.