Stan Kroenke and KSE agree to purchase the Los Angeles Angels

Billionaire team owner Stan Kroenke and Kroenke Sports & Entertainment entered into a definitive agreement on Tuesday to purchase the Los Angeles Angels from the Arte Moreno family. The deal carries a reported price of $4 billion and is expected to close in early 2027. Kroenke, who already owns the Los Angeles Rams, Colorado Avalanche, Denver Nuggets, and Arsenal, aims to shift the focus of the franchise following 12 consecutive seasons without a postseason appearance. The purchase includes significant real estate potential surrounding Angel Stadium, similar to the Hollywood Park district developed at SoFi Stadium. The organization plans to implement a new operational approach to player development and facility investment under the KSE portfolio.

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