MLB’s Los Angeles Angels to be sold to Rams and Arsenal owner Stan Kroenke
Summary
Stan Kroenke’s company, Kroenke Sports and Entertainment, has agreed to buy the Los Angeles Angels baseball team from Arte Moreno. The sale is expected to be completed in early 2027. Kroenke already owns several sports teams, including the Los Angeles Rams and Arsenal soccer club.Key Facts
- Kroenke Sports and Entertainment will purchase the Los Angeles Angels MLB team from Arte Moreno.
- The deal is expected to close in early 2027.
- Stan Kroenke owns multiple sports teams: NFL’s Rams, Premier League’s Arsenal, NBA’s Nuggets, NHL’s Avalanche, MLS’s Rapids, and SoFi Stadium.
- Arte Moreno has owned the Angels for 23 years, since buying the team from Disney in 2003.
- The Angels have not made the playoffs since 2009 and are in their 11th straight losing season.
- Moreno’s involvement in team decisions and some failed high-profile player moves contributed to the Angels’ struggles.
- The team faced off-field issues, including the death of pitcher Tyler Skaggs.
- Fans have shown frustration, often chanting “Sell the team!” at games.
- Moreno’s family is not interested in keeping the team, prompting the sale.
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