Stan Kroenke agrees to purchase the Los Angeles Angels
3 sources • 2 min read • Latest: Sep 1, 2026, 8:26 PM
Last updated Sep 1, 2026
Real estate magnate Stan Kroenke has reached an agreement to purchase the Los Angeles Angels from Arte Moreno. The transaction, involving a controlling interest in the Anaheim-based franchise, is expected to close early next year subject to approval from Major League Baseball. Financial terms of the deal were not disclosed in the official statement. The Angels have not reached the playoffs since 2014 and currently face their 11th consecutive losing season. Moreno, who oversaw the team for 23 years, expressed confidence in the transition to Kroenke Sports & Entertainment. Kroenke, whose portfolio already includes the Los Angeles Rams, Denver Nuggets, and Arsenal, aims to shift the direction of the organization as it navigates a prolonged period of on-field struggle.
- •Stan Kroenke reached an agreement to buy the Los Angeles Angels from Arte Moreno.
- •The transaction is pending approval from Major League Baseball and expects to close early next year.
- •The Angels have not qualified for the playoffs since 2014.
- •Kroenke currently owns several other professional franchises including the Los Angeles Rams and Denver Nuggets.
- •The team is on track for its 11th straight season with a losing record.
- 8:43 PMYahoo Sports — Arsenal owner Kroenke buys MLB franchise LA Angels
- 8:26 PMYahoo Sports — Arsenal owner Stan Kroenke buys MLB franchise, expanding sports empire to eight teams
- 7:46 PMYahoo Sports — What sports teams does Stan Kroenke own?
- 7:35 PMYahoo Sports — Kroenke to buy baseball's Los Angeles Angels: statement
"US billionaire Stan Kroenke on Tuesday agreed terms to buy the Los Angeles Angels baseball team, adding to his sports franchise empire that already includes the NFL's Los Angeles Rams and the English Premier League's Arsenal.The Angels play in Anaheim, a city near Los Angeles, and were previously owned by the Walt Disney Company.
"Billionaire Stan Kroenke has added the Los Angeles Angels to his sports empire, making the MLB franchise the eighth team owned by Kroenke Sports and Entertainment
"Arsenal owner Stan Kroenke buys Major League Baseball franchise the Los Angeles Angels in a deal reportedly worth $4bn.
Sources
External links- Yahoo SportsSep 1, 2026, 8:43 PMArsenal owner Kroenke buys MLB franchise LA Angels
Arsenal owner Stan Kroenke buys Major League Baseball franchise the Los Angeles Angels in a deal reportedly worth $4bn.
- Yahoo SportsSep 1, 2026, 8:26 PMArsenal owner Stan Kroenke buys MLB franchise, expanding sports empire to eight teams
Billionaire Stan Kroenke has added the Los Angeles Angels to his sports empire, making the MLB franchise the eighth team owned by Kroenke Sports and Entertainment
- Yahoo SportsSep 1, 2026, 7:46 PMWhat sports teams does Stan Kroenke own?
Kroenke reportedly added the Angels to his list of teams this week
- Yahoo SportsSep 1, 2026, 7:35 PMKroenke to buy baseball's Los Angeles Angels: statement
US billionaire Stan Kroenke on Tuesday agreed terms to buy the Los Angeles Angels baseball team, adding to his sports franchise empire that already includes the NFL's Los Angeles Rams and the English Premier League's Arsenal.The Angels play in Anaheim, a city near Los Angeles, and were previously owned by the Walt Disney Company.
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