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Angels owner Arte Moreno takes franchise off market, won't sell team as Shohei Ohtani talks loom

Five months after owner Arte Moreno declared "now is the time," the Los Angeles Angels announced Monday that the franchise is, in fact, not for sale.

The Angels released a statement on behalf of the Moreno family announcing the decision:

"During this process, it became clear that we have unfinished business and feel we can make a positive impact on the future of the team and the fan experience," the statement reads. " ... As discussions advanced and began to crystalize, we realized our hearts remain with the Angels, and we are not ready to part ways with the fans, players and employees.