Los Angeles Angels owner Arte Moreno is exploring a sale of the franchise, the team announced Tuesday.
The Angels released a statement from Moreno, who said it had been a "great honor and privilege" to own the team for 20 seasons.
"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 greatest players," the statement read.