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Kroenke Buys Angels for MLB Record | California News

Kroenke Buys Angels for MLB Record | California News

Published 1 day, 13 hours ago
Description

Stan Kroenke, the Rams’ billionaire owner with a sprawling sports empire, is set to buy the Los Angeles Angels — poised to smash the MLB team sale record at over $4 billion. The deal, expected by Q1 2027, marks Kroenke’s latest major-league addition, joining his Denver Nuggets, Avalanche, and Arsenal. Arte Moreno, who built the Angels legacy as the first Mexican-American owner of a U.S. major sports franchise, is stepping down after 23 years — a tenure marked by early glory and recent struggles, including prolonged playoff droughts and fan unrest. With Kroenke’s resources and vision, the Angels may finally get the fresh start they’ve been waiting for.

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