Stan Kroenke, owner of the Los Angeles Rams, has reached an agreement to buy the Los Angeles Angels from longtime owner Arte Moreno. Multiple outlets report the deal ends Moreno’s tenure as Angels owner and represents Kroenke’s first purchase of a Major League Baseball franchise.
Coverage also notes that Kroenke Sports and Entertainment would add the Angels to a portfolio that already includes other major league teams and properties. The Los Angeles Times and Yahoo Sports describe the purchase as part of Kroenke’s expansion into MLB, while Fox Sports similarly frames the agreement as a step into baseball. CBS Sports adds context on the Angels’ recent performance, highlighting that the team has missed the playoffs for 11 straight years and is expected to do so again.
The Athletic reports timing details, saying the transaction is expected to close in the first quarter of 2027, pending approval by MLB’s owners. Variety and other reports indicate financial terms were not immediately clear. Newsweek also frames the move as a major ownership change occurring as the Angels are in a prolonged downturn.
