Stan Kroenke's $4 billion purchase of the Los Angeles Angels

Key developments

1. Sep 5, 2026

   Stan Kroenke announces a controlling-stake purchase of the Los Angeles Angels from Arte Moreno for a reported record $4 billion, ending Moreno's 23-year ownership.

   112 sources on this →
2. Sep 5, 2026

   Kroenke Sports & Entertainment's $4 billion Angels deal is expected to close in early 2027 pending MLB approval, aiming to reverse 11 straight losing seasons.

   5 sources on this →

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Sports

Stan Kroenke's $4 billion deal ends Arte Moreno's 23-year Angels reign

Stan Kroenke announced a controlling stake purchase of the Los Angeles Angels from Arte Moreno in a deal reported around a record $4 billion, ending Moreno’s 23-year ownership. Kroenke’s track record of winning and building dynasties suggests an immediate franchise overhaul—new front office leadership, investments in player development, and major stadium and fan-experience upgrades—with closing anticipated in early 2027.

112 sources

Sports

Kroenke Plans $4 Billion Angels Purchase, Four-Sport Ownership

Stan Kroenke’s Kroenke Sports & Entertainment has agreed to purchase the Los Angeles Angels from Arte Moreno for about $4 billion, a MLB record price, with the sale expected to close in early 2027 pending MLB approval. The move is seen as a potential turnaround for a team that has endured 11 straight losing seasons, drawing praise from some former players and analysts while eliciting mixed reactions from fans and critics alike.