Stan Kroenke acquires Angels in record MLB deal

The Los Angeles Angels are set to be sold to billionaire Stan Kroenke and Kroenke Sports & Entertainment for $4 billion, ending Arte Moreno's 23-year ownership. The deal, pending MLB approval, aims to revitalize the organization with Kroenke’s proven record of success across multiple sports leagues. The transfer is expected to close in the first quarter of 2027.