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Stan Kroenke Adds Angels to Sports Empire

1 Sep

Summary

Stan Kroenke's KSE will acquire controlling interest in the Los Angeles Angels.
The purchase is anticipated to finalize in the first quarter of 2027.
KSE now owns teams in four major North American sports leagues.

Stan Kroenke Adds Angels to Sports Empire

Stan Kroenke, via his company Kroenke Sports & Entertainment (KSE), has reached an agreement to purchase controlling interest in the Los Angeles Angels baseball team. The transaction is projected to conclude in the first quarter of 2027. This move marks a significant expansion for KSE, which already holds ownership in the NFL's Rams, the NBA's Nuggets, and the NHL's Avalanche.

Kroenke's portfolio also includes Arsenal of the English Premier League, with all these franchises having achieved championship success within the last decade. Arte Moreno, the outgoing owner, expressed confidence in KSE's experience, stating they are the best next stewards for the Angels. The Angels franchise has faced recent struggles, with no postseason appearances since 2014 during Moreno's 23-year ownership.

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