Stan Kroenke purchases Los Angeles Angels for four billion dollars

Los Angeles Rams owner Stan Kroenke has reached an agreement to acquire the Los Angeles Angels. The transaction, valued at four billion dollars, ends the 23-year tenure of Arte Moreno, who will remain with the organization as a minority owner. The Angels have not finished with a winning record since 2015 and currently hold a 53-85 record. This change in ownership coincides with preparations for the upcoming NFL season, as the Rams are scheduled to open their campaign against the San Francisco 49ers in Australia. While the acquisition of the baseball club is finalized, Rams personnel matters remain in flux, with reporting suggesting that Aaron Donald is unlikely to debut before Week 2 or 3 of the NFL season. Angels outfielder Mike Trout remains under contract through 2030 and has indicated he intends to maintain his personal sports allegiances despite the shift in team leadership.

• 1:02 PMYahoo Sports — Rams buy all-in, Rams owner buys Angels