Kroenke Sports & Entertainment acquires the Los Angeles Angels baseball team

Kroenke Sports & Entertainment has reached an agreement to purchase the Los Angeles Angels from the Moreno family. The deal marks an expansion of the group's professional sports holdings. Kroenke Sports & Entertainment currently maintains ownership of multiple franchises, including the Los Angeles Rams in the NFL, the Denver Nuggets in the NBA, and the Colorado Avalanche in the NHL. The group also holds an ownership stake in Arsenal. This acquisition consolidates control of two major Los Angeles-based professional franchises under the Kroenke portfolio. No financial terms or closing dates for the transaction were disclosed in the initial announcement.

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