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On August 23, 2022, Moreno officially announced that he would explore a possible sale of the Angels franchise. In a public statement, Moreno said that he and his family decided "now is the time" after a "a great deal of thoughtful consideration". The franchise was estimated to be worth $2.2 billion by Forbes in an analysis from March 2022. [13]
Owner: Arte Moreno. Net worth: $3.3 billion (2020) Purchase price: $183.5 million (2003) ... Net worth for individual owners were culled from from Forbes, moneyinc.com, Celebrity Net Worth ...
a The Atlanta Braves sale in 2007 to Liberty Media was part of a complex swap of cash, stock, magazine holdings, and the Braves, in which Time Warner sent the Braves, a hobbyist publishing company, and $980,000,000 to Liberty in exchange for approximately 68.5 million shares of Time Warner stock, at the time worth $1.48 billion. It was ...
Arte Moreno, owner of the Los Angeles Angels, stands on the field before a baseball game against the Boston Red Sox at Angel Stadium in May 2023. (Ashley Landis / Associated Press)
Name Seasons Notes Ref 1: Walter O'Malley: 1970–1979: Walter O'Malley steps down as President and assumes newly created position of Chairman [1]2: Peter O'Malley
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2 Net of stadium revenues used for debt payments. 3 Earnings before interest, taxes, depreciation and amortization. 4 Includes benefits and bonuses. 5 Compares the number of wins per player payroll relative to the rest of MLB. Playoff wins count twice as much as regular season wins.
A team-by-team look at the billionaire MLB team owners who are behind the lockout that could delay the start of the 2022 season.