Angels Sold to Stan Kroenke for Record $4 Billion
Multi-sport owner Stan Kroenke acquires the Los Angeles Angels from Arte Moreno in a deal that sets a new MLB franchise sale record.
Arte Moreno agreed to sell the Angels to Stan Kroenke at a $4 billion valuation, surpassing the $3.9 billion paid for the Padres earlier this year. Moreno originally purchased the Angels in 2003 following their World Series title. The sale reflects a broader boom in MLB franchise valuations, with the Yankees also drawing a roughly $10 billion minority-stake valuation via a deal with Apollo. Kroenke is an established multi-sport owner with holdings across NFL, NBA, NHL, and soccer.
More on the Angels wire.
Angels Agree to $4B Sale to Stan Kroenke
Arte Moreno has struck a deal to sell the Los Angeles Angels to billionaire Stan Kroenke, with the franchise valued at $4 billion pending MLB approval.
Angels sold to Stan Kroenke for record $4B as Trout endorses ownership change
Arte Moreno has agreed to sell the Los Angeles Angels to Rams/Nuggets owner Stan Kroenke, with franchise star Mike Trout signaling approval of the transition.
Angels Sold to Stan Kroenke in $4B Deal
Rams and Nuggets owner Stan Kroenke is acquiring Arte Moreno's majority stake in the LA Angels, valuing the franchise at $4 billion.
Stan Kroenke Reaches Agreement to Purchase Los Angeles Angels from Arte Moreno
LA Rams owner Stan Kroenke has reached an agreement to buy the Angels from Arte Moreno, per MLB.com's Rhett Bolliger.
Stan Kroenke Reaches Agreement to Purchase Los Angeles Angels from Arte Moreno
LA Rams owner Stan Kroenke has reached an agreement to buy the Angels from Arte Moreno, per MLB.com's Rhett Bolliger, in a deal reported to exceed $3.9B.
Stan Kroenke Reaches Agreement to Purchase Los Angeles Angels from Arte Moreno
LA Rams owner Stan Kroenke has reached an agreement to buy the Angels from Arte Moreno in a deal reported to exceed $3.9 billion, pending further steps.