Stan Kroenke Reportedly Plans to Build New $2.5B Angels Stadium After Buying MLB Team
Bleacher Report • • sports
Key Points:
- Stan Kroenke has tentatively purchased the Los Angeles Angels for $4.5 billion, with the sale expected to finalize in early 2027 after MLB approval.
- Kroenke plans to build a new $2.5 billion stadium to replace the aging Angel Stadium, which has been in use since 1966.
- Kroenke brings extensive experience in stadium construction and franchise success, having overseen SoFi Stadium's development and owning multiple championship-winning teams.
- Angels star Mike Trout expressed optimism about Kroenke's ownership, hoping it will lead to improved team performance after years of limited playoff success.
- With a net worth of $24.3 billion, Kroenke would become MLB's richest owner and is expected to invest significantly in the Angels' future.
