Stan Kroenke Reaches Agreement to Purchase Los Angeles Angels from Arte Moreno

Stan Kroenke, owner of the NFL's LA Rams, has reached an agreement to purchase the Los Angeles Angels from Arte Moreno, per Rhett Bolliger of MLB.com — a deal reported to exceed $3.9 billion, which would represent a record-breaking sum for a baseball franchise.

Moreno, who has owned the Angels for more than two decades, would be handing the club to one of the more prominent multi-sport ownership figures in professional sports. Kroenke's portfolio already includes the Rams, and adding a baseball franchise would make him a significant presence on both sides of the Los Angeles sports landscape.

What we don't know yet

The agreement has not yet been described as a completed sale. League approval and the formal closing process remain ahead, and no timeline for either has been reported.

Front office already in motion

The reported ownership transition arrives alongside organizational movement inside the Angels' front office. Angels president John Mozeliak recently announced promotions for Swanson and Lord, along with a restructuring of the scouting department — activity that suggests the club's baseball operations side has not been standing still while the ownership picture clarified.

How Kroenke's arrival shapes the franchise's direction — roster investment, stadium conversations, long-term vision — remains entirely unconfirmed at this stage.