“Stan Kroenke, Owner of Arsenal and LA Rams, Set to Acquire MLB’s Angels for Approximately $4 Billion”
Kroenke Sports + Entertainment has announced it will acquire a controlling interest in the Los Angeles Angels from Arte Moreno for $4 billion, expected to finalize in early 2027, pending Major League Baseball approval. This sale surpasses the MLB record set by the San Diego Padres. Moreno purchased the team for $183.5 million in 2003. Under his ownership, the Angels advanced to the playoffs multiple times but have struggled recently, making the postseason only once in 16 years. Kroenke, who owns several major sports teams, expressed excitement about the Angels’ future amid fan protests against Moreno’s tenure.
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