Stan Kroenke Buys Los Angeles Angels for Record $4 Billion

Arte Moreno had owned the Los Angeles Angels since 2003. During his tenure, the team struggled to find consistent success, culminating in what CBS Sports called the longest playoff drought in Major League Baseball. By 2026, the Angels had not reached the postseason in 11 years and were set to miss out again.

Moreno's ownership was often described as troubled, with fans and analysts criticizing the lack of postseason results and direction. Rumors of a potential sale had circulated before, but no deal materialized until late summer 2026.

On September 1, 2026, news broke that Stan Kroenke, who also owns the LA Rams and Arsenal, had agreed to buy the Angels from Arte Moreno. Multiple outlets, including the New York Post and Guardian Sport, confirmed the sale and reported the record-breaking $4 billion price tag.

Kroenke's purchase was widely seen as a major expansion of his sports empire. According to CNBC, his company, Kroenke Sports and Entertainment, had already been valued at over $26 billion, with ownership stakes in teams across the NFL, NBA, NHL, MLS, and the Premier League.

The sale immediately drew attention across the sports world. CBS Sports and ESPN both highlighted the end of Moreno's 23-year run and speculated about the changes Kroenke might bring to a struggling franchise. Forbes noted that this was the second major MLB sale in recent months, reflecting increased investment in professional baseball.

On September 2, Angels star Mike Trout publicly welcomed the change, calling the new ownership a "fresh start" and expressing hope for the team's future, as reported by ESPN.

The sale is now confirmed, with Stan Kroenke officially taking control of the Los Angeles Angels. The $4 billion deal sets a new record for an MLB franchise sale, underlining the soaring valuations in American sports.

Kroenke now owns teams in every major US sports league and the Premier League, making this a historic move in the industry. Angels fans and players alike are looking to him for a new direction after years of frustration.

Attention now turns to what changes Kroenke will make with the Angels. Analysts and fans are waiting to see if he will overhaul management, invest in player development, or make significant roster moves to end the playoff drought. The team's future operations and strategy are expected to shift under his leadership, but specific plans have not yet been announced.