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

Yahoo Sports • 1 min read • Latest: Sep 2, 2026, 9:22 PM

Last updated Sep 2, 2026

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

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.

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By the Numbers
  • •Stan Kroenke intends to replace Angel Stadium with a new 2.5 billion dollar venue.
  • •The current stadium is the fourth-oldest in MLB after opening in 1966.
  • •Former owner Arte Moreno faced criticism for allowing team facilities to fall into disrepair.
  • •Kroenke previously led the development of the 5.5 billion dollar SoFi Stadium.
Latest Updates
  • 12:37 AMYahoo Sports — Could the Angels build a new ballpark? 'There is a lot of potential'
  • 11:30 AMYahoo Sports — MLB fans have shared their demands for Stan Kroenke’s $2.5Bn Angel Stadium upgrade
  • 9:22 PMYahoo Sports — Stan Kroenke already has plans for a new Angels stadium once he takes over the team
  • 8:28 PMBleacher Report — Stan Kroenke Reportedly Plans to Build New $2.5B Angels Stadium After Buying MLB Team - Bleacher Report
What they're saying
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The Los Angeles Angels are expected to change stadiums following Stan Kroenke’s $4 billion takeover. Kroenke has enjoyed success with every other sports team he has owned and he is now looking to replicate that in the MLB with the Angels.

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Stan Kroenke reportedly isn't going to wait long to make significant changes surrounding the Los Angeles Angels after purchasing the team.

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With Stan Kroenke's eventual takeover of the Angels, a new park to replace the team's current aging one could be in the offing.

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