Los Angeles Angels Sold to Stan Kroenke, Ending Arte Moreno's Tenure
The Los Angeles Angels are set for a new chapter as Arte Moreno has agreed to sell the franchise to Stan Kroenke, who owns multiple sports teams including the Los Angeles Rams and Arsenal. The sale, reported by the Los Angeles Times, is expected to finalize in the first quarter of 2027.
Moreno's ownership, which began in 2003 when he purchased the team for $182 million, has been marked by limited success, with only two playoff series wins and six postseason appearances. The Angels have struggled to capitalize on the talents of star players like Mike Trout and Shohei Ohtani during Moreno's tenure.
Stan Kroenke's acquisition is viewed as a positive development for the Angels, who have faced challenges under Moreno's management, including controversial player signings and organizational decisions. With Kroenke's successful track record in sports, there is optimism that the Angels will see improvements in their performance and management.
