Arte Moreno Sells Angels to Stan Kroenke for $4 Billion

Arte Moreno is selling the Los Angeles Angels to Stan Kroenke, owner of the Los Angeles Rams, for a record $4 billion. This sale marks the end of Moreno's controversial tenure with the team, which began in 2003 when he purchased the franchise for approximately $183 million.

During Moreno's ownership, the Angels experienced initial success, winning five division titles from 2003 to 2009. However, the team has struggled significantly in recent years, making only one playoff appearance since 2010. The announcement of the sale has been met with optimism from players and fans alike, with Mike Trout expressing excitement about the change.

The sale is pending approval from Major League Baseball and is expected to finalize in early 2027. Kroenke, known for his successful ownership of multiple sports franchises, is anticipated to bring a more coherent operational strategy to the Angels.