You will be redirected back to your article in seconds

Samueli has Ducks in a row

Price in $50-$60 mil range

Henry Samueli, co-founder of Broadcom Corp., has agreed in principle to purchase the Anaheim Mighty Ducks hockey franchise from the Walt Disney Co. for a price said to be in the $50 million-$60 million range; Disney paid $50 million for the rights to enter the franchise into the National Hockey League as an expansion team in 1992.

Deal is subject to approval by the NHL.

Team has been on the market for years, even during the run-up to its Stanley Cup appearance during the 2003-03 season.

Samueli’s company operates the Arrowhead Pond, where the Mighty Ducks play.

Team is the second team Disney has unloaded in two years; Arte Moreno bought the Anaheim Angels in 2003.

“Our acquisition assures that the Mighty Ducks will remain in the hands of local ownership committed to keeping the team in Orange County,” Samueli said.

The current hockey season was cancelled due to a management lockout after last-minute negotiations failed to bring resolution to issues including a salary cap.

More Scene

  • Esquire 'Mavericks of Hollywood' party

    Terry Crews on His Sexual Assault Lawsuit: 'If I Don’t Get Justice, Nobody Can'

    Henry Samueli, co-founder of Broadcom Corp., has agreed in principle to purchase the Anaheim Mighty Ducks hockey franchise from the Walt Disney Co. for a price said to be in the $50 million-$60 million range; Disney paid $50 million for the rights to enter the franchise into the National Hockey League as an expansion team […]

  • 20th Annual Costume Designers Guild Awards

    'I, Tonya,' 'The Shape of Water' Win at 2018 Costume Designers Guild Awards

    Henry Samueli, co-founder of Broadcom Corp., has agreed in principle to purchase the Anaheim Mighty Ducks hockey franchise from the Walt Disney Co. for a price said to be in the $50 million-$60 million range; Disney paid $50 million for the rights to enter the franchise into the National Hockey League as an expansion team […]

  • 'Atlanta' TV show premiere

    'Atlanta Robbin' Season' Will 'Show What Makes the City Tick,' Producer Says

    Henry Samueli, co-founder of Broadcom Corp., has agreed in principle to purchase the Anaheim Mighty Ducks hockey franchise from the Walt Disney Co. for a price said to be in the $50 million-$60 million range; Disney paid $50 million for the rights to enter the franchise into the National Hockey League as an expansion team […]

  • Mr Chow 50th Anniversary celebration

    Mr. Chow 50th Anniversary Party Draws Stevie Wonder, Heidi Klum & More Stars

    Henry Samueli, co-founder of Broadcom Corp., has agreed in principle to purchase the Anaheim Mighty Ducks hockey franchise from the Walt Disney Co. for a price said to be in the $50 million-$60 million range; Disney paid $50 million for the rights to enter the franchise into the National Hockey League as an expansion team […]

  • Paley Center for Media presents They

    African-American Showrunners Talk Strides in TV Representation

    Henry Samueli, co-founder of Broadcom Corp., has agreed in principle to purchase the Anaheim Mighty Ducks hockey franchise from the Walt Disney Co. for a price said to be in the $50 million-$60 million range; Disney paid $50 million for the rights to enter the franchise into the National Hockey League as an expansion team […]

  • 'Annihilation' film premiere

    'Annihilation' Star Jennifer Jason Leigh Responds to Whitewashing Accusations

    Henry Samueli, co-founder of Broadcom Corp., has agreed in principle to purchase the Anaheim Mighty Ducks hockey franchise from the Walt Disney Co. for a price said to be in the $50 million-$60 million range; Disney paid $50 million for the rights to enter the franchise into the National Hockey League as an expansion team […]

More From Our Brands

Access exclusive content