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Arte Moreno era officially over as Angels sell to Rams owner Stan Kroenke for $4B
Fox News • • general
Key Points:
- Arte Moreno has agreed to sell the Los Angeles Angels after 23 years of ownership, ending an era marked by blown leads, wasted talent, and front-office instability.
- Billionaire Stan Kroenke, owner of the Rams, Nuggets, and Avalanche, is purchasing the Angels for $4 billion, making it the most expensive sale in Major League Baseball history.
- The Angels have not made the playoffs since 2014, despite having stars like Mike Trout and Shohei Ohtani, who eventually left the team; Moreno's tenure included costly contracts and frequent leadership changes.
- Fans celebrated Moreno’s exit outside Angel Stadium, hopeful that Kroenke's ownership, which includes multiple championship teams, will usher in a new era of success for the franchise.
- The sale is expected to close by early 2027, pending MLB approval, officially marking the end of the Moreno era for the Angels.
