Arte Moreno selling the Angels?

[Mattionals]

This seems interesting.


https://www.mlbtraderumors.com/2022/08/arte-moreno-exploring-possible-sale-of-angels.html

[HalfSmokes]

Looks like we'll get the leftover billionaire eager to own an MLB franchise

[Natsinpwc]

Looks like we'll get the leftover billionaire eager to own an MLB franchise

Per some folks here no one will want to buy the Angels with so many long term contracts in place.  Liabilities they say.

[HalfSmokes]

Per some folks here no one will want to buy the Angels with so many long term contracts in place.  Liabilities they say.

LA and no MASN make a big difference. It’s almost like a team in a smaller market with a terrible tv deal has to care more about expenses

[Natsinpwc]

LA and no MASN make a big difference. It’s almost like a team in a smaller market with a terrible tv deal has to care more about expenses

No postseason wins since 2019. Second fiddle to the Dodgers now and always. And not sure where they will be playing.

https://www.latimes.com/sports/angels/story/2022-05-25/q-a-what-happens-to-angels-future-plans-with-angel-stadium?_amp=true

[Natsinpwc]

Estimated value.

https://www.forbes.com/teams/los-angeles-angels/?sh=387fcd75718a

[HalfSmokes]

No postseason wins since 2019. Second fiddle to the Dodgers now and always. And not sure where they will be playing.

https://www.latimes.com/sports/angels/story/2022-05-25/q-a-what-happens-to-angels-future-plans-with-angel-stadium?_amp=true

And none of that is as bad as the Os owning their tv rights

[nfotiu]

I'm not sure that is a very attractive team to buy.   They do have a lot of long term deals that could go badly.   They have a 150 million per year tv contract, but the Bally Sports nets will likely go bankrupt in 2023 or 2024.   

[Natsinpwc]

And none of that is as bad as the Os owning their tv rights

Forbes has them at $2.2 billion and the Nats at $2.0 billion. We shall see what the sales are.

[imref]

MLB pipeline ranks their farm system as last in baseball

[HalfSmokes]

MLB pipeline ranks their farm system as last in baseball

And our organization is the worst in baseball

[Mattionals]

So Arte ain't selling now. I'm guessing that unless you are Steve Cohen, a money-is-no-object type of billionaire, and you aren't buying a "storied" franchise in a major metropolitan area, the ship has sailed on high dollar team sales. I think the Nats are there too, and this is why I bet the "sell a minority stake to Ted Leonsis and over time have him buy us out" is the way to go. Less risk for the new owners, and especially with TV rights being an issue and big contracts still on the books for the Nats, the Guardians approach just seems to make more sense.

[HalfSmokes]

So Arte ain't selling now. I'm guessing that unless you are Steve Cohen, a money-is-no-object type of billionaire, and you aren't buying a "storied" franchise in a major metropolitan area, the ship has sailed on high dollar team sales. I think the Nats are there too, and this is why I bet the "sell a minority stake to Ted Leonsis and over time have him buy us out" is the way to go. Less risk for the new owners, and especially with TV rights being an issue and big contracts still on the books for the Nats, the Guardians approach just seems to make more sense.

The Phoenix Suns just sold for $4 billion. I think that combined with the Angels no-sale shows how much trouble baseball is really in. What does a sport that has no real national audience do when monetizing local audiences no longer works?