History
Disney purchased a National Hockey League expansion franchise in December 1992 for Anaheim. The team was named Mighty Ducks after a Disney movie, The Mighty Ducks.
In May 1995, DSE agreed to purchase 25% of the California Angels from Gene Autry with an option to purchase the remaining ownership. The company then agreed to a new lease with the city of Anaheim, in which it agreed to add the city's name to the name of the baseball club in return for full management of Anaheim Stadium and an increased share of the stadium's revenues. DSE took operational control of the Angels in May 1996 which was renamed the Anaheim Angels. In December 1996, Disney Sports Enterprises, Inc. was renamed to Anaheim Sports, Inc. for tax purposes and to align with the teams' names.
In May 2003, the company sold the Angels to advertising magnate Arte Moreno. In 2005, it agreed to sell the Mighty Ducks to Broadcom co-founder and billionaire Henry Samueli. It also owned the Disney Ice facility in downtown Anaheim, which was also be sold to Samueli, and renamed Anaheim Ice. After the selling of the Disney Ice facility, Anaheim Sports, Inc. was dissolved.
Read more about this topic: Anaheim Sports
Famous quotes containing the word history:
“When we of the so-called better classes are scared as men were never scared in history at material ugliness and hardship; when we put off marriage until our house can be artistic, and quake at the thought of having a child without a bank-account and doomed to manual labor, it is time for thinking men to protest against so unmanly and irreligious a state of opinion.”
—William James (1842–1910)
“To history therefore I must refer for answer, in which it would be an unhappy passage indeed, which should shew by what fatal indulgence of subordinate views and passions, a contest for an atom had defeated well founded prospects of giving liberty to half the globe.”
—Thomas Jefferson (1743–1826)
“What would we not give for some great poem to read now, which would be in harmony with the scenery,—for if men read aright, methinks they would never read anything but poems. No history nor philosophy can supply their place.”
—Henry David Thoreau (1817–1862)