Dr. Patrick Soon-Shiong is considering a bid on the Angels, according to Sportico’s Eric Jackson and Scott Soshnick. The billionaire isn’t giving official comment, but Bill Shaikin of the Los Angeles Times heard that Soon-Shiong is indeed weighing the possibility of buying the franchise. The 70-year-old Soon-Shiong is a former transplant surgeon who built a fortune in the medical technology and pharmaceutical industries, and his business holdings also include both the L.A. Times and San Diego Union-Tribune newspapers.
This isn’t the first time Soon-Shiong has tried to get involved in baseball, as his ownership group was the runner-up bidder for the Dodgers in 2012 when Guggenheim Baseball Management bought the franchise. Now, Soon-Shiong will apparently see if he can purchase the other Los Angeles area team, as Angels owner Arte Moreno said last month that he is considering a sale. There is expected to be plenty of bidding on the Angels, and it seems quite possible that the price tag could end up approaching the $3 billion mark.