Arte Moreno sells Los Angeles Angels to Stan Kroenke for $4 billion
3 sources • 1 min read • Latest: Sep 1, 2026, 11:31 PM
Last updated Sep 1, 2026
Arte Moreno has reached an agreement to sell the Los Angeles Angels to sports mogul Stan Kroenke for a reported $4 billion. The transaction marks the end of Moreno's 23-year tenure as owner, during which the franchise secured five division titles but failed to reach the postseason since 2014. The team currently holds the worst record in the American League at 53-85 and is facing a potential 100-loss season. Kroenke, who also owns the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Arsenal, is expected to maintain the club's presence in Anaheim. The sale follows years of fan criticism and declining attendance, along with a recent front office restructuring led by John Mozeliak.
- •Arte Moreno purchased the Los Angeles Angels in 2003.
- •The sale price of $4 billion is an MLB record.
- •The team has not reached the postseason in 12 years.
- •Stan Kroenke expects to keep the franchise in Anaheim.
- •John Mozeliak recently restructured the team's front office.
- 12:53 AMYahoo Sports — With MLB-record $4 billion sale, a brighter day is dawning for the Angels
- 11:31 PMYahoo Sports — Mike Trout on $4 billion sale of Angels: 'It was needed'
- 10:08 PMYahoo Sports — How the Los Angeles Angels' $4B sale compares to the price tags of other North American sports franchises
- 8:09 PMYahoo Sports — MLB-record $4 billion sale was long time coming for aimless LA Angels
"The Angels, owned by Arte Moreno since 2003, have been in desperate need of an organizational facelift for a while.
"The Angels have been sold for $100 million more than what the Padres' price tag earlier this year.
"The $4 billion price tag for the Angels was the most for a baseball team in history.
Sources
External links- Yahoo SportsSep 2, 2026, 12:53 AMWith MLB-record $4 billion sale, a brighter day is dawning for the Angels
The Angels, owned by Arte Moreno since 2003, have been in desperate need of an organizational facelift for a while.
- Yahoo SportsSep 1, 2026, 11:31 PMMike Trout on $4 billion sale of Angels: 'It was needed'
The $4 billion price tag for the Angels was the most for a baseball team in history.
- Yahoo SportsSep 1, 2026, 10:08 PMHow the Los Angeles Angels' $4B sale compares to the price tags of other North American sports franchises
The Angels have been sold for $100 million more than what the Padres' price tag earlier this year.
- Yahoo SportsSep 1, 2026, 8:09 PMMLB-record $4 billion sale was long time coming for aimless LA Angels
Arte Moreno finally sold the Angels in the midst of an MLB-worst postseason drought.
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