Record $4 Billion Sale
Rams Owner Stan Kroenke Enters Agreement to Buy Angels for Record $4 Billion
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Stan Kroenke has agreed to buy the Los Angeles Angels from Arte Moreno for a reported $4 billion, setting an MLB record for a team sale Yahoo Sports. The deal gives the Rams owner control of yet another major professional sports franchise and is expected to close in early 2026 MyNorthwest.
Kroenke Expands His Sports Empire Across Leagues
Stan Kroenke now owns stakes in nearly every major professional sports league in North America Yahoo Sports. His portfolio includes the Los Angeles Rams (NFL), Denver Nuggets (NBA), Colorado Avalanche (NHL), and Arsenal Football Club in England. The Angels purchase adds MLB to his collection and cements his position as one of sports' most powerful owners.
Record-Breaking Price Tag for Baseball Ownership
The $4 billion price represents the highest amount ever paid for an MLB team Yahoo Sports. This surpasses previous records and reflects the rising value of major sports franchises. The Angels have struggled on the field but represent a valuable media and entertainment asset in the Los Angeles market.
Kroenke Sports and Entertainment Leads the Acquisition
Kroenke Sports and Entertainment, the company managing Stan Kroenke's sports holdings, will take controlling ownership of the Angels MyNorthwest. The transaction is expected to close in early 2026, pending standard league and regulatory approvals. This deal continues KSE's strategy of acquiring major sports properties across multiple continents and leagues.
Part of a Busy Year for Sports Team Sales
The Angels sale joins other major team transactions happening in 2026 Yahoo Sports. Professional sports ownership continues to attract wealthy buyers willing to pay record prices. These deals reflect strong investor confidence in the long-term value of major sports franchises despite competitive and financial challenges.
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