Stan Kroenke purchases the Los Angeles Angels from Arte Moreno

3 sources • 1 min read • Latest: Sep 2, 2026, 8:33 PM

Last updated Sep 2, 2026

Stan Kroenke purchases the Los Angeles Angels from Arte Moreno
Summary

Stan Kroenke has finalized the purchase of the Los Angeles Angels, ending the ownership tenure of Arte Moreno. Moreno bought the franchise in 2003, shortly after the club secured its only World Series title in 2002. During his time as owner, the team faced criticism for a lack of postseason success, failing to post a winning record in most seasons since 2014. The franchise also struggled to maximize the careers of high-profile players including Mike Trout and Shohei Ohtani, both of whom departed or played during years of team stagnation. Additional challenges under the previous ownership included the acquisition of underperforming veteran players and the failure to renovate Angel Stadium, which remains an outdated facility with a lease extending through 2032. Kroenke assumes control of the franchise as it prepares to move forward under new leadership.

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Status Watch
  • •Stan Kroenke bought the Los Angeles Angels from Arte Moreno.
  • •Moreno purchased the franchise in 2003 following its 2002 World Series victory.
  • •The Angels have not achieved a winning record since the 2014 ALDS sweep.
  • •Angel Stadium lease terms are currently set to remain in effect through 2032.
Latest Updates
  • 8:33 PMYahoo Sports — Scott Boras confirms what Angels fans already knew about Arte Moreno
  • 12:24 AMYahoo Sports — Former Angels All-Star slams ‘rather depressing’ Arte Moreno tenure
  • 7:03 PMYahoo Sports — The 5 worst Arte Moreno blunders from his Angels ownership
What they're saying
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The Orange County native didn't hold back in his assessment of the soon-to-be former owner's legacy.

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Arte Moreno is done as Los Angels Angels owner after a disastrous tenure. Let's look back.

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The 'complexities' of running an MLB franchise changed too fast for the Angels' owner.

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