money maker in the beginning, the team was expected to lose money for its third season. Broadcom Corporation had approached Disney about interactive broadcasting rights for the teams which would have allow viewers at home to purchase Anaheim tickets and merchandise via their remote controls. Instead, Disney offered to sell the Broadcom partners, Henry Samueli and Henry Nicholas, the two teams for $450 million. President Tony Tavares signed a three-year contract extension in 2000. With the December 31, 2000 retirement of vice chairman Litvack, Anaheim Sports began reporting to Walt Disney Parks and Resorts chairman Paul Pressler. At the time, it was planned that the ESPN Zone restaurant would increase promotional efforts with the two sports teams. The Lehman Bros. investment bank was hired to sell the two teams, separately or together, in 2002. In May 2003, the company sold the Angels to advertising magnate Arte Moreno. In February 2005, it agreed to sell the Mighty Ducks and the Disney Ice, the team's training facility, to Broadcom co-founder and billionaire Henry Samueli and his wife. The company was later merged out. References Disney sports Former subsidiaries of The Walt Disney Company Anaheim Ducks Los Angeles Angels