On Monday, Angels owner Arte Moreno shockingly announced that he would no longer be selling the team. Despite a long offseason of scrutinizing buyers and scrutinizing numbers, Moreno wants to pull out and instead participate in turning around the franchise he’s owned for 20 years.

Confirming the sale would take place earlier this offseason, MLB Commissioner Rob Manfred issued a statement regarding Moreno’s decision to keep the team. Here’s what he said:

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