Anaheim Sports

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Anaheim Sports, Inc.
Former type Subsidiary of a public corporation
Industry Sports
Fate Dissolved
Defunct 2005
Headquarters Anaheim, CA
Key people Tony Tavares (President)
Parent Walt Disney Parks and Resorts
(The Walt Disney Company)
Divisions Mighty Ducks of Anaheim
Anaheim Angels
Disney Ice

Anaheim Sports, Inc., formerly 'Disney Sports Enterprises, Inc. (DSE), was a fully owned subsidiary of the Walt Disney Company based in Anaheim, California and created in 1992 as the ownership group for the Mighty Ducks of Anaheim professional hockey team.

History[edit]

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.[1]

In May 1995, DSE agreed to purchase 25% of the California Angels from Gene Autry with an option to purchase the remaining ownership.[1] 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.[citation needed] DSE took operational control of the Angels in May 1996[2] 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.[3]

In May 2003, the company sold the Angels to advertising magnate Arte Moreno.[4] 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.[citation needed]

References[edit]

  1. ^ a b Emmons, Steve (May 19, 1995). "Disney Makes an Offer to Add Angels to Its Lineup : Baseball: Firm agrees to buy 25% from Autrys and operate the team. It would get option to buy the rest later". Los Angeles Times. Retrieved 4 December 2012. 
  2. ^ DiGiovanna, Mike (June 4, 1996). "Club Gags Over Disney's New Rule". Los Angeles Times. Retrieved 4 December 2012. 
  3. ^ Norwood, Robin (December 5, 1996). "What's in a Name? Anaheim, Not Disney". Los Angeles Times. Retrieved 4 December 2012. 
  4. ^ Boeck, Greg (February 24, 2004). "USATODAY.com - Moreno a thorough baseball man". USA Today (Gannett). Retrieved January 21, 2010.