https://www.ocregister.com/2025/02/17/owner-arte-moreno-says-angels-set-to-lose-at-least-50-million-this-year/

Per Jeff Fletcher

• The team will likely lose around $50-60 million in 2025, due to increasing payroll, and also because of a variety of revenue shortfalls in terms of television, sponsorships and ticket sales. The Angels also pay $25 million a year into Major League Baseball’s revenue-sharing system.

• The Angels tried to sign more high-profile free agents this offseason including Nathan Eovaldi as well as a middle-of-the-order bat, but “the economics and the years didn’t match”.

• Moreno acknowledged that he is ultimately responsible (for the team’s failure over the past decade), but then quickly pivoted to saying that he has done his part. “At the end of the day, it’s probably me,” Moreno said. “I can spend the money on (Mike) Trout, but I can’t go in and bat for him. I can spend money on a pitcher, but I can’t tell you how his health is going to be or whether he’s going to keep us in the game or are our guys going to hit? “At the end of the day, is somebody going to come in here and spend $100 million more? Is it going to make a difference right now? They have to pick the right players and you’ve got to be healthy and they’ve got to play together.”

• The team is “not for sale right now”, and was only put up for sale in 2022 because Moreno found himself connected to the scandal involving the former Anaheim mayor, and there were reports that he would be investigated by the FBI. “I end up answering more questions about that deal than the baseball stuff,” Moreno said. “It just wore my family to the point where they asked if I would sell the team.” Once that all blew over, he no longer sought to sell.

• New Anaheim administration means the team can seek a new land deal, but nothing is imminent, and major renovations aren’t likely. “I’m not going to put $200 million or $300 million into a stadium that the city owns,” Moreno said.