Stan Kroenke agrees to buy Los Angeles Angels from Arte Moreno

sportsSep 1, 202627658

Stan Kroenke's Kroenke Sports & Entertainment has agreed to purchase a controlling interest in the Los Angeles Angels from Arte Moreno, with the sale expected to close in Q1 2027 subject to Major League Baseball approval. Kroenke said his company reached the deal with the Moreno family; a team press release cited the Q1 2027 closing timeline and MLB signoff. USA Today noted strong social-media responses and widespread optimism that new ownership could improve the franchise. Kroenke already owns the NFL's Los Angeles Rams, the NBA's Denver Nuggets, the NHL's Colorado Avalanche, MLS's Colorado Rapids, the NLL's Colorado Mammoth, and Arsenal in the English Premier League. Arte Moreno paid $184 million for the Angels in 2004, a detail observers have cited when comparing past and present valuations. MLB approval requires owner votes; one post cited the league rule that a three quarters majority is needed, meaning up to eight owners could block an agreement. The transaction shifts day-to-day control away from Moreno and sets a timetable for MLB review and a final closing in early 2027.

Dylan

@dylmdav.bsky.social

RIP in peace Arte Moreno, no one else will ever come up with genius ideas like "assemble terrible baseball team with Shohei Ohtani and Mike Trout."

994h ago

Mike Burnandez1

Easily the absolute worst owner in sports. Not because I hate the guy, but because he legitimately ran a respectable sports org into the ground while wasting generational talents.

andimalloutofbubblegum1

Been a fan since 1989.

Timothy Burke

@bubbaprog.xyz

seeing people excited that their team is now owned by stan kroenke is impossibly depressing

1023h ago

Base Clogger8

I guess a D- is technically a better grade than an F?

Jeff6

I mean...Rams, Nuggets, Avalanche and Arsenal have all won titles within the last 5 years and are some of the more stable orgs in their respective leagues. I'd love for my team to have an owner who did that lol

Andy5

The fact that he’s an unquestionable upgrade on the previous owner might be more depressing!

Jim Mogle2

I wonder where he will move them.

Guy Dudeman2

There are Blue Jackets fans who want Jimmy Haslem to buy the team.

Themistocles’ Wall🧑🏻‍🦽👩🏽‍🦯‍➡️🧏🏿‍♂️1

as a met fan i quietly celebrated this news tonight I’m going to be sporting my purple jockstrap around the house to the horror of my family members

Quoting this

Robert O'Neill6

says a lot about the guy he's replacing

Brian Schmid2

I as a Denver sports fan a) wonder how bad the previous owner had to be for this to be the case and b) can't wait for the Nuggets to show up in Anaheim with a bunch of Angels jerseys for photo ops

Rodger Sherman

@rodger.bsky.social

like Stan Kroenke, I forgot the Colorado Rapids existed when I sent this post bsky.app/profile/coll...

1124h ago

Muad’Dave (Lisan/al-Gaib)3

But they have won under their stewardship.

Craig Meyer1

they have a QR code on the videoboard at Rapids games to donate to Colombia earthquake relief efforts, but the code doesn't work because the videoboard is so pixelated and Kroenke has refused for years to fix it

Jarrett Seidler

@seidler.bsky.social

Arte Moreno is one of the worst owners in modern baseball history and was so bad at the business of baseball that he declined to participate in the endgame of the Ohtani free agency, but one good thing you can say about him is, uh, well,

694h ago

Cooper Lund9

He gave a lot of money to players for a while!

my personality is "castlevania"6

paid mike trout a lot of money

alex (˙𐃷˙) pizza/tacos/bats/dingers 🍕🌮🦇⚾ 🏳️‍🌈🐻6

He allowed Anthony Rendon to live the dream of doing nothing and getting millions of dollars for it

Polite Yet Ultimately Malevolent Mailman3

If the rumors are true that Moreno was given a chance to simply match the Dodgers on Ohtani, that alone should have been enough to force him to sell the team in a sane world. And if the Caminero for Ohtani rumors are also true, he should have been loaded into a trebuchet and launched into orbit

BK?1

The best part of his legacy is he’s selling

Quoting this

Sadly Rutschman6

The Angels had 3 of the greatest baseball players of all time on the same team for several years and didn’t even sniff the playoffs (yes I know Pujols was old and bad for a good chunk of it but it still stands)

Molly Knight

@mollyknight.bsky.social

Press release from Stan Kroenke on buying the Angels. The sale will close in Q1 of 2027, subject to approval by MLB.

Kroenke Sports & Entertainment to Acquire the Los
Angeles Angels of Anaheim
Transaction pairs one of the original West Coast franchises with KSE's global portfolio of teams, venues, media platforms and mixed-use districts
September 1, 2026 - Kroenke Sports & Entertainment ("KSE") today announced that it has entered into a definitive agreement to acquire a controlling interest in the Los Angeles Angels Baseball Club from the Moreno family. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions and approval by Major League Baseball
The transaction meaningfully deepens KSE's presence in one of the largest sports and entertainment markets in the United States.
Kroenke-affiliated entities own the Los Angeles Rams and developed SoFi Stadium and the surrounding 300-acre Hollywood Park district in Inglewood. That project has become the anchor of a new sports and entertainment corridor in Los Angeles County, and will host Olympic and Paralympic events in 2028.
The Angels acquisition extends this footprint south into a market of more than three million residents with its own distinct civic identity, corporate base and tourism economy. The addition of the Angels to the KSE portfolio creates the opportunity for a year-round Southern California calendar of events.
"The Angels are a storied franchise anchored in a great market. We look forward to an exciting future with the Angels organization." - E. STANLEY KROENKE, Owner & Chairman,
KSE
"The Angels Organization is pleased to announce this transaction with Kroenke Sports & Entertainment. The Moreno Family has been honored to steward the Angels for 23 years and we believe with KE's experience and success they are the best next owner for the franchise.
The Angels Organization looks forward to continuing its commitment to the fans, our employees, the players and our business partners." - ARTE MORENO, Angels Baseball LP.

734h ago

Jack Obora8

This feels like the first good thing to happen to the Angels in quite some time

Shannon L3

An ultra rich guy getting another toy to play with while ticket and food prices go up I’m sure.

KG2

I hope this means the Rams will play a couple of games at Angel Stadium, for old times sake

CardinalJedi2

Screw that lying sack of crap. What market will he move the Angels - Charlotte? Mexico City? Salt Lake? Nashville? Not that me and hundreds of thousands of St Louisians are bitter about him moving the Rams.

Dan Berman2

The Angels may be the biggest test ever of Kroenke's ability to win championships, despite having done it in the NFL, NBA, NHL and Premier League

Alan Mandel2

Glad to see Moreno will be out. Not glad to see Kroenke own another SoCal team. Too much concentration of power in his hands.

Quoting this

Micah71

every other piece of sports ownership news recently: “what the fuck!” angels fans after receiving this news:

a wizard with a bone to pick38

YES! YES! HE'S GONE! I WILL DEAL WITH THE FACT THAT I DON'T LIKE KROENKE LATER!

Daniel Fienberg 31

The California Angels won a title in 2002. Arte Moreno bought the team in 2003. Subsequent achievements for the Angels include: The squandering of the second half of Albert Pujols' career, the Rendon contract, the wasting of Trout's entire career, the wasting of the first chapter of Shohei's career.

Benjamin Rose4

Mf you were supposed to buy a feeder club for Arsenal not a baseball team.

Sean Keeley4

Somewhere, Tungsten Arm O’Doyle smiles

Matt Lichtenstadter4

It's wild not just how many teams Stan Kroenke owns, but how good most of them are (depressingly including Arsenal). It's also very interesting how he's buying the team right before a presumed nasty work stoppage.

prezmullet.bsky.social3

This is why Arsenal is not making any more moves.

Lazear2

Welp there goes my hope of Kroenke buying the Rockies. *princess Leia voice Help me Walton family, you're my only hope.

The Almighty Tallest2

Kroenke finally gets a baseball team to go with his football, basketball, hockey, soccer, soccer, soccer, and lacrosse teams

The New York Times

@nytimes.com

From @theathletic.com: Arte Moreno has agreed to sell the Los Angeles Angels to Los Angeles Rams owner Stan Kroenke, who also owns Arsenal FC, the Denver Nuggets and Colorado Avalanche.

213h ago

MikeMac1

"Prepare to have your understanding of blacked-out regular season games redefined." - Avs fans

Quoting this

Cecilia M. Tan3

So those guys at the game last night chanting “sell the team!” got what they wanted?

it’s me, aubrey plaza accord 3

can Mike Trout play on the left wing?

Tim Marchman

@timmarchman.bsky.social

I already wrote my blog about the sale of the Angels … ten years ago!

264h ago

Eugene Freedman

@eugenefreedman.bsky.social

Jay points out very important point re: the pending sale of the Angels & the elimination of Arte Moreno. To change revenue sharing & approve a tentative agreement with the union, MLB requires a 3/4 majority of its owners to vote in favor. Any 8 owners can prevent an agreement.

184h ago

Tim Price

@timprice.bsky.social

Was texting my friend about the sale of the Angels and ApplePay helpfully suggested he send me $3.8 billion over the phone

Screenshot of a text thread starting with a tweet that says “Moreno paid $183m in
2003. Quite a nice return on top of the yearly profits that he and other owners use to claim poverty.”

My friend responds: A $3.8 billion return despite terribly mismanaging the team. A pretty good microcosm of wealth

ApplePay pops up at the bottom in case he wants to send me $3.8 billion

183h ago

steve1

You may get his $3.8B, but did you get the chance to waste prime years in the careers of not one but *two* Hall of Fame caliber players? Moreno stays winning.

Jon Tayler (Jon Tayler’s Version)

@jontayler.bsky.social

Arte Moreno is such a generational dum-dum that it's genuinely surprising he isn't a GOP senator or governor

193h ago

Jeff Fletcher

@jefffletcherocr.bsky.social

Arte Moreno is selling the Angels. Keep checking back as this story will be updated throughout the day. www.ocregister.com/2026/09/01/s...

114h ago

Chicken Puppet 🏳️‍⚧️

@chickenpuppet.online

Amazing how this sale happened the second Newsom signed a law that says the Angels don't have to build affordable housing as long as they name themselves the Anaheim Angels

133h ago

LAISSEZ LES BON QUESO ROULER

@thequeso.bsky.social

Stan Kroenke is a hick from nowhere who met one of Sam Walton's nieces young and the kind of money she lets him play with is enough to buy the Rams, the Angels, the Avalanche, the Nuggets, and some soccer team.

123h ago

Resident Bills Homer2

I thought he was somewhat wealthy and then married mega wealth. His teams have won titles, which is a lot more than some owners can say

Flounder2

Wait, his wealth is from Wal-Mart?!?!

Lev Akabas

@levakabas.bsky.social

Stan Kroenke has reached an agreement to buy a control interest in MLB‘s Los Angeles Angels He already owns the NFL’s Los Angeles Rams, NBA’s Denver Nuggets, NHL’s Colorado Avalanche, Premier League’s Arsenal and MLS’ Colorado Rapids, worth a combined $25.2 billion!

63h ago

Quoting this

Jim Owczarski19

The Haslam Sports Group own NFL, NBA and MLS franchises (and soon, NWSL). Jimmy Haslam's brother, Bill, owns an NHL franchise - though its not currently part of the HSG.

Opinionated Terran2

Not Pictured: Reinsdorf's owning the Bulls and White Sox

Forbes

@forbes.com

The billionaire’s company agreed to purchase a controlling interest in the MLB franchise from another billionaire, Arte Moreno.

84h ago

3 sources

usatoday.comWill Stan Kroenke save the Angels? Reactions pour in as Arte Moreno sells dailynews.comRams owner Stan Kroenke buys Angels from Arte Moreno ocregister.comRams owner Stan Kroenke buys Angels from Arte Moreno

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Stan Kroenke agrees to buy Los Angeles Angels from Arte Moreno

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