Rams owner Stan Kroenke enters agreement to buy Angels from Arte Moreno for reported MLB-record $4 billion - Yahoo Sports
Los Angeles Rams owner Stan Kroenke has agreed to purchase the Los Angeles Angels from Arte Moreno for a record-breaking $4 billion. The deal, expected to close in 2027, marks the end of Moreno's 23-year tenure as the team's owner.
Why it matters
This transaction sets a new valuation benchmark for MLB franchises and continues a significant trend of ownership turnover among major professional sports teams in Los Angeles.
The Los Angeles Angels are the latest professional sports team to be sold in 2026. The Angels have been purchased by Los Angeles Rams owner Stan Kroenke, his company announced Tuesday.
The Angels confirmed the news Tuesday, with Kroenke saying the team has an "exciting future." Outgoing owner Arte Moreno also issued a statement, saying his family "has been honored to steward the Angels for 23 years."
The deal is expected to close early in 2027. The Angels were reportedly purchased for an MLB-record $4 billion , per The Athletic. The San Diego Padres, which sold earlier in 2026 , held the previous record at $3.9 billion . The Angels were valued at $2.8 billion by Forbes in March.
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