Rams owner Stan Kroenke enters agreement to buy Angels from Arte Moreno for reported MLB-record $4 billion
Yahoo Sports • • sports
Key Points:
- The Los Angeles Angels have been purchased by Stan Kroenke, owner of the Los Angeles Rams, in a deal expected to close early in 2027, reportedly for an MLB-record $4 billion.
- Outgoing owner Arte Moreno ends his 23-year tenure, which included a World Series title early on but was marked by a long postseason drought and costly free-agent signings that failed to deliver sustained success.
- Despite drafting superstar Mike Trout and signing Shohei Ohtani, the Angels struggled to make the playoffs, with Ohtani leaving for the Dodgers in 2023 and winning two World Series titles there.
- Stan Kroenke, a prolific sports team owner with multiple championships across NFL, NHL, NBA, MLS, and English Premier League, now adds the Angels to his portfolio but faces the challenge of rebuilding a team that has not had a winning season since 2015.
- The Angels have some promising young players but remain distant from contention, indicating that Kroenke’s ownership will focus on long-term development and improvement.
