Los Angeles Angels Owner Arte Moreno Exploring Selling Team

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According to sources - Los Angeles Angels owner Arte Moreno has explored selling the franchise. A recent Axios study valued the Angels as the 8th most valuable organization in Major League Baseball. Their play on the field would not suggest that as the Angels have struggled to a 55-73 record as of August 29th. The poor play on the field comes as Shohei Ohtani currently has the second best odds according to Vegas for the AL MVP award in 2022. Mike Trout, who has been an Angel his whole career, is currently batting .270 with 28 home runs and a .967 OPS. Both Trout and Ohtani have a combined three playoff games in their career as a result of the Angels shortcomings (Ohtani has never been to the postseason. The Angels also have the 4th longest playoff drought in the MLB. Kyle & Ju-Ju discuss the future for the Angels should Moreno move the team by baseball's winter meetings. #shoheiohtani #miketrout #losangelesangels

Julian martinez: [00:00:12] Arte Moreno said he's open to selling the team. And over the last month, I have declared this place baseball hell. In fact, over the last decade, you could declared a baseball hell. The angels are just not a fun franchise, and I bemoaned them for their inability to win while having to legendary historic players on their roster. And it's like looking up to the skies and seeing that there is a just God. What did you think when you heard that Moreno is open to selling the Los Angeles Angels? [00:00:42][29.9]
kyle ledbetter: [00:00:43] I was a little bit surprised just because if I had to, like, pin down a baseball team that would have been up for sale, I wouldn't have guessed it would be the owner who's, like, the most meddlesome in baseball or the guy who's the most involved in day to day operations would want to step away from the team. I would have thought that maybe he passes it down. I don't know how many children he has or what his living situation is, but I would have thought that he wouldn't have been the one to pass it down, given how active he is. It was kind of surprising, like with the Wilpon, when they sold the Mets to Steve Cohen a few years ago, where it's like the reason this is happening is because they lost all their money in the Bernie Madoff scandal. So like that one made some sense. But this one is just like this is a very front facing owner. This is someone who has power within the league. He's very active in running his team. I was kind of surprised that he would be the one who would sell his team prior to like, I don't know, the Pirates guy who people have been clamoring for him to sell the team for years. Like, I'm just surprised it would be Arte Moreno. [00:01:42][59.4]
Julian martinez: [00:01:43] Do you think he's somewhat of a self-aware James Dolan in the sense he knows in a way he's dragged down this organization for years and he finally just called it quits. He finally was aware enough to say that maybe I'm just not a good baseball owner. [00:01:58][14.8]
kyle ledbetter: [00:01:58] Maybe I'm sure he's looking at the good business deal he can get from this, especially given the fact that the Angels are in a stadium dispute right now with the city of Los Angeles. And it's been very confusing. I don't have all the details to it. I just have been following it vaguely over the past few months. But that's I don't know how much that played into deciding to sell. I'm sure he has his reasons for wanting to sell, besides being a terrible owner and running one of the worst baseball teams in all of baseball. [00:02:26][27.9]
Julian martinez: [00:02:27] Everyone in their mother is tweeting at him or mentioning him in scorn. Any time we talk about the Los Angeles Angels and why they struggle and their struggles as a franchise, so I'm sure on a human level that has to get to you at some point in terms of the better business deal. Yeah, when he does sell this team, that's going to be a big time payday. We're talking about a baseball franchise in Southern California that will definitely sell very easily, even if they don't end up staying in Anaheim, Orange County, Los Angeles, whatever you want to call it. Because we know that baseball is very much open to the possibility of moving organizations around, getting into the business of sports ownership. It's a very lucrative business right now. I know that the owners try to say that their profit margins weren't great when we're talking about the CBA negotiation, but still you are making profits on $1,000,000,000 industry. So it can't be all that bad. [00:03:25][57.5]
kyle ledbetter: [00:03:25] Considering that the Angels also, according to Axios, are the eighth most valuable MLB franchise at the time, and their performance would not suggest that they would be the eighth most valuable baseball team. [00:03:36][10.2]
Julian martinez: [00:03:36] And if you acquired this team right now, let's say he sells at the end of the year, then you're getting an organization, you're getting a team that does have, again, probably two of the greatest hitters of their generations and health slash pitchers of their generation, and Shohei Ohtani and Mike Trout. So this would be a great time to buy them if you're a prospective owner with any kind of foresight or any kind of put spa and putting this team together, then you are excited at the possibility of having Mike Trout and Shohei Ohtani as your building blocks on your team. If you're trying to think about a team that you want to build into a serious contender, then this is as good as it could possibly get. And of course, that's going to come down to your hiring decisions. You're hiring firing decisions because clearly over the last 20 years, Mareno wasn't doing a lot of great hiring, firing decisions. And that's what's led to the malaise in the Angels organization, why they haven't been able to do anything since that World Series run with Mike Jose. I guess they've had a 91 season mixed in there a time or two. But still to consider that Mike Trout's entire playoff resume resume boils down to three games and all three of them were losses. Tells you just how bad this organization is really fallen into. They're really a poverty franchise despite being the most valuable. [00:05:00][83.7]
kyle ledbetter: [00:05:01] Combined with the fact that Arte mareno hires agreeable people, he hires people who he can. Tell what to do and they will do it. And obviously, everyone who's hired their boss will say things that you might have to do it. Even if you think it's not the greatest move. The good bosses or the good leaders have the foresight to trust the people they've hired to put in positions of power. And already Moreno's like, I want to be shadow. I want to be person who runs the angels and also owns the team. And that's part of his thing. So I think that leads to the Angels having a generational star in two consecutive generations now. And yet they have the fourth longest playoff drought in all of baseball, which has been highlighted a lot before. Obviously, they're going to go six years of Pujols contract, right into Rendon contract, which is looking like two of the worst in baseball. And presumably if they sell the team before the winter meetings this year, which I assume is like baseball's preferred timeline, then perhaps Shohei Ohtani gets a giant extension, or perhaps Shohei Ohtani gets traded. Who knows how that plays into the conversations we've had before about that situation. Do you think. [00:06:12][70.8]
Julian martinez: [00:06:12] There was any internal pressure by Major League Baseball? Because they have to know. You have to hear the whispers. [00:06:18][5.4]
kyle ledbetter: [00:06:19] I don't know how popular or not popular Arte Moreno is within Major League Baseball circles. [00:06:25][5.8]
Julian martinez: [00:06:25] So I'm sure Rob Manfred and the other 29 owners want that organization to be a good, well-run organization in the same way that the NBA wants the New York Knicks to be a functional organization. You want your two major media markets in Los Angeles and New York to have good teams in them. And while obviously we've had good players, the Angels have been one of the most dysfunctional. So I'm sure that. I don't know if they said it to his face. I don't know if they would say it in a closed door meeting. But if you asked Rob Manfred over some drinks, which owner would he probably want to just boot out of the league? I kind of feel like Artie Moreno would be on that short list. [00:07:07][41.8]
kyle ledbetter: [00:07:08] I don't know, because famously, Arte Moreno was one of those people who was what we call Bud Selig's guys. And the way Bud Selig used to run baseball is like, if you were one of the people who was his buddies and had his or he would do what you wanted. This was famous Jerry Reinsdorf thing where like anything Jerry Reinsdorf said went with Bud Selig. So Jerry Reinsdorf had all this power. [00:07:28][19.6]
Julian martinez: [00:07:29] During one of those years in your town have to outweigh your problems and clearly in terms of being a baseball owner. Arte Moreno doesn't seem to be that talented from my visit. [00:07:37][8.3]
kyle ledbetter: [00:07:37] This is correct. And Robert, from what I've heard, again, I'm not with inside sources, but from what I've heard, Rob Manfred doesn't have like people who he like listens to or agrees with compared to Bud Selig. But one of the famous examples is I keep bringing up the pirates, which I think is baseball hell. Bob Nutting is just he's the owner of the Pirates. He's just a well-liked guy. He's just a very kind man who people within the owners circles like. So I all that to say, I don't know what the opinion of Artie Moreno was. I'm sure everyone wants the angels to be successful, but I'm sure they also like the fact that Arte Moreno never spent over $175 million in his entire time as Angels owner. [00:08:17][40.2]
Julian martinez: [00:08:19] Again, where my difference is, I'm calling the Angels Baseball Hall, as opposed to the Pittsburgh Pirates, as the Pirates are just paid, they know nothing but pay. But the angels are an ironic sense of pain because, well, you can have, again, two generational hitters in your lineup on your roster and never attain any kind of postseason glory that is being on the treadmill, that just being stuck in that hamster wheel. That's what the angels are. That's why I call them baseball. [00:08:52][32.8]
Kyle Ledbetter: [00:08:53] And I agree with you. I agree with you on that fact. [00:08:55][2.5]
Julian Martinez: [00:08:56] Anyway, guys, let us know in the comments below. Are you relieved? Are you happy to hear it? Baseball fans rejoice. Arte Moreno is finally giving up his team. I want to see I want to see some celebrations. I want to see some fireworks in the garden as well. We will like on this video because it helps the channel hit that subscribe button because it really helps the channel. And other than that, from Juju talk sports, Kyle Ledbetter. Stay safe, happy and healthy. We will see you next time. [00:08:56][0.0]
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