American sports mogul Stan Kroenke has agreed to a deal to purchase the Los Angeles Angels for 40억 달러, according to widespread sports media reports. The transaction, executed through Kroenke Sports & Entertainment (KSE), marks the largest acquisition price ever recorded for a Major League Baseball franchise, surpassing the 39억 달러 private equity purchase of the San Diego Padres earlier in the year.
A Landmark MLB Sale Underway
According to reports from outlets including ESPN, the Guardian, and the BBC, longtime Angels owner Arte Moreno reached an agreement to sell the club. The deal requires formal approval from MLB owners and the league’s central office before closing, with final completion targeted for the first quarter of 2027.
Expanding a Global Sports Empire
The acquisition expands Kroenke’s vast portfolio across global sports. The 79-year-old billionaire already controls several prominent franchises, including the NFL’s Los Angeles Rams, the NBA’s Denver Nuggets, the NHL’s Colorado Avalanche, and English Premier League club Arsenal. His holdings also feature Major League Soccer’s Colorado Rapids, the National Lacrosse League’s Colorado Mammoth, and Arsenal Women.
Inside the Billionaire’s Balance Sheet
According to Forbes, Kroenke’s net worth stands at 243억 달러, placing him ahead of New York Mets owner Steve Cohen, who holds an estimated net worth of 230억 달러. Valuations from Sporting News place KSE’s total sports asset holdings at 231억 5000만 달러, ranking the enterprise first among global sports ownership groups.
Passing the Torch in Anaheim
Reflecting on the purchase, Kroenke stated that the Angels represent a historic organization rooted in a major market, adding that he looks forward to building an exciting future with the club. Moreno issued a statement expressing pride in his family’s 23-year tenure running the team since acquiring it following the franchise’s 2002 World Series title for 1억 8350만 달러. Moreno noted that KSE’s operational experience makes them an ideal partner for the next chapter of the franchise.
Championship Pedigree Meets a Postseason Drought
Kroenke’s sports properties have achieved notable success in recent years. The Los Angeles Rams won Super Bowl LVI in 2022, the Colorado Avalanche claimed the Stanley Cup the same year, and the Denver Nuggets captured their first NBA title in 2023. Additionally, Arsenal secured the Premier League title for the 2025–26 season, marking the club’s first league crown since the Arsène Wenger era.
For the Angels, the ownership transition comes after a prolonged postseason drought. The team has not reached the playoffs since 2014, despite capturing six division titles under Moreno, and finished near the bottom of the American League West standings during recent campaigns, prompting fan demonstrations calling for a sale.
Regulatory review by Major League Baseball will proceed ahead of the targeted 2027 closing date.
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