Stan Kroenke plans new 2.5 billion dollar stadium for Los Angeles Angels

One day after the official announcement of a change in franchise ownership, Stan Kroenke has initiated plans to replace Angel Stadium. The current facility, which opened in 1966, is recognized as the fourth-oldest ballpark in MLB and has suffered from years of deferred maintenance under former owner Arte Moreno. Reports indicate that Kroenke aims to construct a 2.5 billion dollar stadium on the footprint of the existing site in Anaheim. While specific project details remain undisclosed, the incoming owner possesses experience in large-scale venue development, overseeing the 5.5 billion dollar construction of SoFi Stadium for the Rams. If the franchise remains in its current location, the potential stadium agreement is expected to favor the team’s new ownership structure.

• 9:22 PMYahoo Sports — Stan Kroenke already has plans for a new Angels stadium once he takes over the team