The new Los Angeles American League franchise is awarded to Gene Autry, a well-known cowboy movie star who once turned down an opportunity to play in the minor leagues, and former football player Bob Reynolds for $350,000. After spending its inaugural season at LA’s Wrigley Field and then playing the next three years at Dodger Stadium, the team will move to Anaheim, a short distance from L.A., and will be known as the California Angels (1965-1996), the Anaheim Angels (1997-2004) and then, to better market the team, will become known as the Los Angeles Angels of Anaheim in 2005.