Who Owns The Los Angeles Angels?


Who Owns The Los Angeles Angels?

The Los Angeles Angels current owner is Arte Moreno, who purchased the Angels in 2003 from Disney. Moreno is a self-made billionaire, having worked his way up from humble beginnings.

He was born in Tuscon, Arizona, to Mexican immigrants who worked as farm laborers. Moreno eventually got into the billboard business and made a fortune in outdoor advertising. In 2003, he decided to purchase the Angels from Disney for $183 million.

Under his ownership, the team has won five AL West titles, one AL Pennant, and one World Series championship. Moreno is also very involved in the community and supports various charitable causes. As of 2023, the current value of the Angels franchise is 2.2 Billion, according to Forbes.

About The Los Angeles Angels Franchise

The Los Angeles Angels are a professional baseball team based in Anaheim, California. The Angels compete in Major League Baseball (MLB) as an American League (AL) West division member club. The team has played home games at Angel Stadium of Anaheim since 1966.

The Early Years

When the franchise was founded as the “Los Angeles Angels” in 1961, they were an expansion team that played their home games at Dodger Stadium. After two seasons, the team moved to Anaheim (now known as Angel Stadium) and changed its name to “California Angels.” The club experienced modest success during this time, with several winning seasons but no playoff appearances. 

The Turnaround Begins 

In 1996, Disney purchased the team from owner Gene Autry and changed its name to “Los Angeles Angels.” This marked a turning point for the organization as they began to invest heavily in player development and scouting, leading them to become one of baseball’s most successful teams throughout the 2000s.

During this period, they had eight postseason appearances, including five AL West division titles and their first-ever World Series appearance in 2002, where they lost to San Francisco Giants in seven games. 

Mike Trout Era (Present Day)

Mike Trout has been one of the most dominant and consistent players in Major League Baseball for the past eight seasons. Unfortunately, his time as an Angel has been full of struggles.

Despite having outstanding individual talent and a seasoned leadership style, he has not been able to lead his team to a playoff series win since 2014. High expectations surround the franchise to take the next step with Trout at the helm.

Still, they have failed to do so because of inconsistencies in their pitching staff, injury uncertainly with their lineup, and an overall lack of team chemistry. Even with the addition of international superstar Shohei Ohtani.