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, the owner of the NFL's Los Angeles Rams, has reached an agreement to purchase the Los Angeles Angels from Arte Moreno, per Rhett Bolliger of MLB.com.
The deal has been reported to exceed $3.9 billion, which would represent a record-breaking sum for a baseball franchise sale. Moreno has owned the Angels for more than two decades.
What we don't know yet
The agreement has not cleared the full league approval process, and no closing date has been specified in the material. Until MLB ownership votes on the transaction, Kroenke's purchase remains an agreement rather than a completed transfer.
The front office picture
The ownership news arrives alongside a separate round of organizational activity: Angels president John Mozeliak recently announced front office promotions for Swanson and Lord, along with a restructuring of the scouting department — moves that suggest the club's baseball operations side is not standing still while the ownership transition works through the process.
How Kroenke's arrival shapes the franchise's direction beyond the current front office structure remains to be seen.
More on the Angels wire.
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.
Stan Kroenke Reaches Agreement to Purchase Los Angeles Angels from Arte Moreno
LA Rams owner Stan Kroenke has reportedly reached an agreement to buy the Angels from Arte Moreno; terms and a closing timeline remain unconfirmed.
Angels Sold to Stan Kroenke in Record-Breaking Deal
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Angels president John Mozeliak announced front office promotions for Swanson and Lord, plus a scouting department restructure, per Rhett Bollinger at MLB.com.
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