Stan Kroenke's $4 billion deal ends Arte Moreno's 23-year Angels reign
Stan Kroenke is purchasing a controlling stake in the Los Angeles Angels from Arte Moreno in a deal reportedly around $4 billion, setting a new MLB-record price. The sale ends Moreno’s 23-year ownership, during which the Angels posted the worst record in the American League and missed the playoffs for a 12th straight season. Kroenke, who already owns the Rams, Nuggets, Avalanche, and Arsenal, is known for building dynasties and is expected to overhaul the Angels with a new front office, revamped player development, and significant stadium and fan-experience upgrades. The move signals a transformative shift for Orange County sports and could bring Kroenke’s high-performance approach to the Angels, echoing changes seen with his other franchises. MLB approval is required, with closing anticipated in early 2027, and Kroenke’s sports empire continues to expand across multiple leagues. Angels fans are hopeful the ownership change will restore competitiveness and a stronger organizational vision.


