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Rams owner Stan Kroenke agrees to buy the Angels

Los Angeles Rams owner Stan Kroenke has reached an agreement to buy the Angels, ending the tenure of longtime owner Arte Moreno.

Los Angeles Rams owner Stan Kroenke has reached an agreement to purchase the Angels, bringing an end to the reign of longtime owner Arte Moreno. Kroenke, through his holding company KSE, has made this acquisition. Kroenke expressed his enthusiasm for the future of the Angels organization in a press release. The deal is anticipated to be finalized in the first quarter of 2027, pending approval from Major League Baseball.

The specifics of the sale and its terms have not been disclosed yet. KSE now owns teams in all four major North American sports, including the Rams, Nuggets, Avalanche, and the Angels. Kroenke also owns Arsenal in the English Premier League. The Rams, Nuggets, Avalanche, and Arsenal have each claimed a championship in their respective sports within the last decade.

Moreno family members were honored to have led the Angels for 23 years and expressed confidence that KSE, given their experience and success, would be the ideal new owners for the franchise. The Angels organization, despite its struggles under Moreno's ownership since 2003, has not made the postseason since 2014.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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