{
  "id": 5002371,
  "title": "Rams owner Stan Kroenke reaches deal to acquire MLB’s Angels",
  "url": "https://urgent.news/2026/09/02/rams-owner-stan-kroenke-reaches-deal-to-acquire-mlbs-angels",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-09-02T03:07:00.000Z",
  "source": {
    "name": "Japan Times",
    "slug": "japan-times",
    "url": "https://www.japantimes.co.jp/sports/2026/09/02/baseball/mlb/kroenke-acquire-la-angels/"
  },
  "original_language": "en",
  "account": "Stan Kroenke, the owner of the NFL’s Los Angeles Rams, has agreed to purchase Major League Baseball’s Los Angeles Angels. The deal is anticipated to be finalized in the first quarter of 2027, pending customary closing conditions and approval from MLB, Kroenke Sports & Entertainment, and the Angels organization. Kroenke is also the owner of the NBA’s Denver Nuggets, NHL’s Colorado Avalanche, MLS club Colorado Rapids, and Arsenal of the Premier League. In a statement, Kroenke expressed enthusiasm about the Angels’ storied franchise and its location in a great market. He stated, \"We look forward to an exciting future with the Angels organization.\"\n\nThe Angels were purchased by Arte Moreno in 2003, following their only World Series victory. Forbes ranked the Angels as MLB’s 11th most valuable franchise at $2.8 billion in March of this year. However, Moreno’s aggressive spending on big-name free agents often left the rest of the roster thin. The team is currently on track for its 11th consecutive losing season, extending MLB’s longest active postseason drought to a 12th season. Moreno expressed his satisfaction with the transaction, stating, \"The Moreno Family has been honored to steward the Angels for 23 years and we believe with KSE’s experience and success they are the best next owner for the franchise.\"",
  "summary": "Kroenke already owns the NFL's Los Angeles Rams, the NBA's Denver Nuggets, the NHL's Colorado Avalanche, MLS club Colorado Rapids, and Arsenal of the Premier League.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Arsenal's Kroenke to buy baseball's Los Angeles Angels for US$4bil",
        "url": "https://urgent.news/2026/09/02/arsenals-kroenke-to-buy-baseballs-los-angeles-angels-for-us-4bil",
        "published": "2026-09-02T00:25:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}