Arte Moreno to maintain ownership of Angels after exploring sale

Los Angeles Angels owner Arte Moreno announced Monday that he plans to continue overseeing the franchise for the foreseeable future, despite exploring the possibility of a sale five months earlier. In a statement, Moreno, 76, wrote that as talks about selling the team “began to crystallize, we realized our hearts remain with the Angels, and we are not ready to part ways with the fans, players and our employees.”

Moreno bought the Angels from the Walt Disney Company for $183.5 million in 2003,…

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