The Los Angeles Angels are potentially about to undergo some big changes.
Today, it was revealed that owner Arte Moreno was exploring the possibility of actually selling the team.
Moreno has owned the Angels since the 2003 season, but appears to be considering stepping away.
If that’s the case, then we are about to see just how profitable owning a baseball team truly is.
This was a major sticking point of negotiations during the lockout this past winter.
That said, it’s going to be a moment of reckoning for all MLB owners, some of whom claim that owning a team may not be profitable and act like they’re completely strapped for money.
Between this and the Nationals on the market, we're going to get a decent idea of how profitable owning an MLB team really is right now, a major point of contention/talking point between players/owners during the CBA negotiations. https://t.co/d2ng0kOgBR
— Chelsea Janes (@chelsea_janes) August 23, 2022
Reckoning Coming For Owners
Some people may not realize it, but the lockout was about more than just billionaires fighting with millionaires over money.
Tanking was a key point in negotiations.
Some owners over the past few years have decided to tank and trade off their assets.
For small market teams, there are limited resources at times, but that doesn’t mean that owning a small market team, or any MLB team for that matter, isn’t profitable.
Clearly, it’s plenty profitable.
Owners who claim that it isn’t profitable to own a team are about to realize that they have been going about this all wrong for a long time.
The idea that owning a baseball team isn’t profitable is ludicrous, and we’re about to see just why that is.
Owners sometimes use that as an excuse to tank or not improve their ballclubs.
It’ll be interesting to see what happens here, and if Moreno ultimately does sell the team.
If he does, owners are about to be hit with a serious reckoning.