55.6 F
Laguna Hills
Monday, Oct 2, 2023

OC 50 The Owners



Angels Baseball LP


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.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Previous article
Next article

Featured Articles


Related Articles