Kroenke Acquires Angels for Record Price

Stan Kroenke has agreed to purchase a controlling interest in the Los Angeles Angels from Arte Moreno for a record $4 billion, adding a Major League Baseball team to his sports portfolio. The deal, expected to close in early 2027 pending approval, ends Moreno’s 23-year ownership and offers new hope to frustrated Angels fans, who have not won a championship since 2002 or made the playoffs since 2014. The acquisition expands Kroenke’s presence in Southern California, complementing his existing sports and development investments in the region.

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