It's the same reason why the Clippers consistently disappoint, and why everyone is worried now about the Lakers after they had such a great owner.
We saw what happened under the stewardship, as he called it, of Frank McCourt.
We should care about who owns our sports franchises if we're going to take an interest in how their teams fare.
When criticism of Moreno started a few years ago, he buckled. He could never make it as a player and answer the media's questions after a poor performance. Three or four times a week.
When he talks now it's only to mlb.com, which allows him to speak without cross examination.
Gone are the days when Moreno was all smiles and known as the "People's Owner." He was the guy who lowered beer prices and who used to walk the Angel Stadium concourses to meet the fans.
But when was the last time he did that?
"I don't know," team spokesman Tim Mead said. "But he has, I'm sure, just not as frequently."
Moreno can't take the heat, and the same can be said of the Angels, who have wilted under the strain of expectations. Again.
"I absolutely hated [being picked as favorites] going into this year," Mark Trumbo said. "We saw the writing on the wall last year. Just because you have good parts doesn't mean you're guaranteed a spot."
But shouldn't it? I suggested.
"In theory, yeah, that does work," Trumbo said. "But it's painfully obvious that doesn't hold true."
As a businessman, Moreno has excelled in improving the value of his franchise. Donald Sterling has done the same, and look how much McCourt got for his team.
As a baseball owner Moreno has been inconsistent. He's never won a World Series, the Mickey Mouse folks from Disney doing that.
Attendance has dropped 189,044 over the past two seasons, which speaks to disappointment. Attendance is up 77,131 this season, which speaks to hope, but what happens if that disappears?
The future of his manager has been questioned, but instead of declaring publicly Scioscia will be here all season, Moreno declined the opportunity to talk.
Does that mean Scioscia might not make it to the end of the season? General Manager Jerry Dipoto also has refused to answer the question.
Why haven't the Dodgers curtailed all the chatter and announced Mattingly will guide the team to the end?
Maybe that's the only race remaining for the Dodgers and Angels: Who gets rid of their manager first?
Will the Angels ever finish first in anything with Moreno calling the shots? He likes to talk and cuss tough, but he has consistently rolled over when bidding has gotten serious on players like Mark Teixeira and Adrian Beltre.
Prone to being emotional when Moreno doesn't get his way, the Angels ended up with Vernon Wells.
Most of Moreno's big-time signings have come after he has swooped in quietly without significant competition to sign players like Vladimir Guerrero, Hunter, Pujols and Hamilton.
Look at the Angels now. Much that has gone wrong and will continue to go wrong is his doing.
In addition to whopping contracts for Pujols and Hamilton that will escalate each year, there's the fact the Angels' minor league system has been ranked the worst.
So maybe this is the best we can expect from the Angels, and now isn't that fun to ponder?