Kroenke Agrees to Buy Los Angeles Angels

Stan Kroenke, owner of the Los Angeles Rams, has reached an agreement to purchase the Los Angeles Angels from Arte Moreno, expanding Kroenke Sports and Entertainment into Major League Baseball. The transaction, expected to close in Q1 2027 subject to MLB approval, reportedly exceeds the $3.9 billion sale price of the Padres. ipltable.lol

Kroenke's sports empire already includes the Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Arsenal. The Angels, valued at $2.8 billion by Forbes in March, have been owned by Moreno since 2002, making him Major League Baseball's first Latino owner. Both owners expressed enthusiasm for the future of the franchise under new management.