The Los Angeles Angels franchise was estimated to be worth 2.025 billion dollars in the United States in 2021. Arturo Moreno is the owner of the Los Angeles Angels of Anaheim, who purchased the team in 2003 for a total of 184 million United States dollars.
The Angels are an American professional baseball club headquartered in Los Angeles, California. The Angels are a member of the American League (AL) West division in Major League Baseball (MLB).
The Angels were the first MLB club to be founded in California; the Athletics were founded in Philadelphia (and later relocated to California from Kansas City), and the Dodgers and Giants were founded in two New York City boroughs—Brooklyn and Manhattan, respectively. Angel Stadium in Anaheim has hosted the team’s home games since 1966.
Gene Autry launched the team in Los Angeles in 1961 as one of the league’s initial two expansion teams, and it was named after an older Pacific Coast League Angels franchise (PCL). The squad was based in Los Angeles until 1966 when it relocated to Anaheim. From 1965 through 1996, the team was known as the California Angels, then from 1997 to 2004, it was known as the Anaheim Angels.
The word “Los Angeles” was added to the name in 2005, but until 2015, the franchise was known as the Los Angeles Angels of Anaheim due to a leasing arrangement with Anaheim that required the city to be included in the name. The next season, the present Los Angeles Angels moniker was adopted.
In 2002, the Angels won the World Series for the first and only time in their history. They are one of three MLB teams to win their only World Series participation.