The Rams’ owner, Stan Kroenke, purchases the MLB Los Angeles Angels
«Arte Moreno’s tenure as owner of the Angels is coming to an end, as Stan Kroenke, owner of the Los Angeles Rams, has entered into an agreement to purchase the club» Major League Baseball (MLB) said in a statement. On Tuesday, American tycoon Stan Kroenke, owner of the NFL’s Los Angeles Rams. Finalized the acquisition of the MLB’s Los Angeles Angels baseball team, ending 23 years of ownership under Arte Moreno.
According to the organization, the deal is subject to MLB clearance and is anticipated to be completed in the first quarter of 2027.
The Angels «had a successful start, winning six division titles (2004-05, 2007-09, and 2014), but have struggled over the past decade.» According to the statement, and Moreno will no longer hold the job he has held since 2003.
In their entire existence, the Angels have only won one World Series. When they were still called the Anaheim Angels, that was in 2002.
The mogul also owns the Denver Nuggets (NBA), Colorado Avalanche (NHL), Colorado Rapids (MLS), Colorado Mammoth (NLL), and Arsenal Football Club (Premier League) through Kroenke Sports Enterprises (KSE), the parent company of his sports empire.
Kroenke also created the Hollywood Park neighborhood in Inglewood, California, and SoFi Stadium, the priciest stadium in the world.
