Back to today’s briefing

Story perspectives

Stan Kroenke to Buy Angels for $4 Billion

9/2/2026

30 2 Full Breakdown

Summary

Kroenke Buys Angels

Stan Kroenke agreed to buy a controlling stake in the Los Angeles Angels for about $4 billion.
The $4 billion price tops the $3.9 billion record set by the San Diego Padres sale.
Kroenke Sports & Entertainment will add the Angels to its holdings that include the Rams, Nuggets and Arsenal.
The deal should close in Q1 2027 pending Major League Baseball and owners’ approval.

Summary

Mozeliak Leads Angels

John Mozeliak was hired temporarily to run the Angels' baseball operations.
Fans staged a celebration outside Angel Stadium before the Yankees game, cheering the ownership change.
Mike Trout confirmed he will honor the remaining four years of his $426.5-million 2019 contract.
The 2023 Angels posted a 53-85 record, the AL’s worst and an 11th straight losing season.
Moreno will retain a minority stake in the franchise after the sale concludes.

History

Historical Context

In 2012, Guggenheim Baseball Management bought the Los Angeles Dodgers for $2.15 billion, shattering the previous MLB franchise-sale record. That landmark deal sparked a wave of multimillion-dollar valuations, and today Stan Kroenke, who already controls the Rams, Nuggets and Arsenal, has offered $4 billion to acquire the Los Angeles Angels. If MLB approves, the purchase could further reshape major-league ownership structures.

1 of 3

Kroenke Buys Angels

Stan Kroenke agreed to buy a controlling stake in the Los Angeles Angels for about $4 billion.
The $4 billion price tops the $3.9 billion record set by the San Diego Padres sale.
Kroenke Sports & Entertainment will add the Angels to its holdings that include the Rams, Nuggets and Arsenal.
The deal should close in Q1 2027 pending Major League Baseball and owners’ approval.

1 / 3