Golden State Warriors owner Joe Lacob expresses interest in acquiring LA Angels

Golden State Warriors majority owner Joe Lacob expressed interest in acquiring Major League Baseball’s (MLB) Los Angeles Angels.

Lacob, who bought the NBA's Warriors in 2010 for US$450 million, confirmed he is looking at it but doesn’t know what they’re going to do yet.

He added that the Angels are part of LA’s huge market, shaving drawn over three million fans, in 17 of the last 20 years.

While Lacob admitted it is not an easy transaction to co because the Angels team is not co-located, he said it might be doable.

The 66-year-old Lacob was close to acquiring the Oakland Athletics in 2005, offering US$180 million in 2005, but then-MLB commissioner Bud Selig favored John Fisher and Lew Wolff’s bid.

Despite the interest in the Angels, Lacob insisted that his focus is on the Warriors.

In August, Angels’ owner Arte Moreno initiated a formal process to explore a potential sale of the franchise.

The Angels, valued by Forbes at US$2.2 billion, also drawn interest from Los Angeles Times owner Patrick Soon-Shiong.