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About $2.7 billion
- Arturo Moreno is the owner of the Los Angeles Angels baseball team, which he bought in 2003 for $184 million. It is now worth about $2.7 billion.
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4 days ago · Arturo Moreno is the owner of the Los Angeles Angels baseball team, which he bought in 2003 for $184 million. It is now worth about $2.7 billion.
Jan 24, 2023 · In our annual MLB valuations last March, Forbes calculated that the Angels were worth $2.2 billion. Moreno paid $183.5 million for the team in 2003.
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According to Forbes, the Angels are said to be worth a cool $2.2 billion. That ranks ninth among MLB teams. That’s up from $1.75 billion over the past half-decade and north of $2 billion from when Moreno initially bought the franchise roughly 20 years ago. There’s a ton of individuals and groups would who pay a bit more than the Angels’ current val...
Three-time World Series champion Dave Stewart is looking to bring a MLB expansion team to Nashville. He’s working with former United States Attorney General Alberto Gonzales, among others, to head a group. Right now, the plan is to raise $2 billion to purchase an expanion team. Said expansion team would be the first minority controlled organization...
Warriors owner Joe Lacob had indicated in the past that he made an offer to buy the Oakland Athletics from embattled owner John Fisher. Nothing came to fruition on that front. But it’s clear that Lacob and fellow co-owner Peter Guber have interest in baseball. The two purchased Golden State for a mere $450 million back in 2010. Fast forward 12 year...
The former CEO at Microsoft, Ballmer purchased the NBA’s Los Angeles Clippers for $2.15 billion back in 2014. It represented the second-largest sale of a North American professional sports franchise at the time. Much like their counterparts in the Northern part of the state, the Clippers have become more relevant with Ballmer leading the charge com...
The Los Angeles Angels are the ninth most valuable team in baseball, according to Forbes. Their $1.97 billion team value puts them between the Philadelphia Phillies ($2.0 billion) and the Washington Nationals ($1.9 billion), but well short of the most valuable team, the Yankees, who were valued at $5 billion, and the second most valuable ...
Jan 24, 2023 · The Angels announced Monday they are no longer pursuing a sale of the franchise, keeping owner Arte Moreno in control of the team for 2023 and beyond.
Aug 23, 2022 · Team owner Arte Moreno announced Tuesday that he has "initiated a formal process" that could result in selling the franchise he originally purchased in 2003 for $184 million.
Aug 23, 2022 · Moreno, who made a fortune in billboard advertising, became the first Mexican American to own a major sports team when he purchased the Angels from the Walt Disney Company (NYSE: DIS) for roughly...
