Los Angeles Angels owner Arte Moreno is looking into potentially selling his team, the 76-year-old businessman announced Tuesday.
The Angels retained Galatioto Sports Partners as a financial advisor to help with the process of exploring strategic alternatives.
"It has been a great honor and privilege to own the Angels for 20 seasons," Moreno said. "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 great players.