September 28, 2010
The Los Angeles Angels of Anaheim will lose about $10 million this year and, at 76-80, are likely going to have their first losing season since 2003, according to ESPN Los Angeles. But the site also reports that this isn't going to stop the team from spending a lot of dough this offseason.
"You always have to take account of how the finances work, but we're not limited financially in any way," Angels GM Tony Reagins told the site. "Whatever we need to do that makes sense and that's reasonable, we'll address."