Located in Anaheim, California, the Los Angeles Angels play professional baseball. Since the team’s foundation in 1961, there have been 10 General Managers and four primary owners.
The Walt Disney Company acquired The Anaheim Angels of Anaheim in 1996. While owned by Disney, the team won its one and only World Series victory in 2002.
In a deal that granted it managerial authority over the team, Disney bought a 25% stake in the Angels in 1996. Following Mr. Gene Autry’s passing in 1998, the business acquired the remaining members of the group.
The corporation invested a total of about $140 million in the franchise, excluding the cost of renovating Anaheim Stadium.
The Los Angeles Angels of Anaheim baseball team was bought for $184 million by artist and philanthropist Arte Moreno in 2003. Bud Selig, the MLB commissioner, authorized the sale of the Angels to Moreno on May 15, 2003, according to the Los Angeles Times.
Arte and Carole Moreno, the third owners in the franchise’s history, were introduced in May 2003, and their influence was felt right away.
A close buddy of Moreno’s, Diamondbacks owner Jerry Colangelo, called to congratulate him as soon as the news was announced and indicated Moreno had a great opportunity to grow in his profession.