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Monday, Jan 30, 2023
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OC 50 The Owners

ARTURO ‘ARTE’ R. MORENO

Owner

Angels Baseball LP

Anaheim

Born in Tucson, Ariz.

Age: 72

Lives in Phoenix, Corona del Mar

WHY: In 17th season as Los Angeles Angels owner; also owns its flagship radio station KLAA 830 AM.

HOW: Paid $184 million in 2003 for team then called Anaheim Angels; now worth nearly $2 billion, according to Forbes. Initial fortune came from billboard advertising company Outdoor Systems; sold to Infinity Broadcasting for $8.7 billion in 1999.

RECENT: Angels remaining in Anaheim at least through the 2020 season, after recent extension from city, new mayor during long-running soap opera over stadium lease. Framework reached late last year in deal with city. Ducks owners a likely model for new lease for baseball team, which could give Moreno redevelopment options around stadium. Looking to make a play for local Fox Sports outlets that show his team’s games. Signed Mike Trout (see below) to career-long deal.

FAST FACT: Joined Army in 1965; Vietnam veteran.

QUOTABLE: “We would have control of our own TV,” Moreno said, speaking of potential Fox deals. “We could do some things to enhance our brand.”

PERSONAL: Started Angels Baseball Foundation in 2004 with second wife, Carole; has given about $8 million to SoCal charities. Fourth-generation Mexican-American. Oldest of 11 kids. Father ran print shop, grandfather published newspaper. Catholic schools. University of Arizona grad 1973, in marketing. Three kids.

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