The Angels just got a new owner, and it’s Stan Kroenke, the guy behind the NFL’s Rams, NBA’s Nuggets, and NHL’s Avalanche. This deal ends Arte Moreno’s 23-year run at the helm, and get this: the valuation came in at a mind-blowing $4 billion! That absolutely shatters the previous MLB record of $3.9 billion, which the Padres’ new owner set earlier this year. This isn’t just a sale; it’s a massive power shift in Major League Baseball, signaling a new chapter for a franchise that’s been searching for answers.
Kroenke’s Empire Expands, Bringing Championship Vibes to Anaheim
This massive agreement was made through Kroenke Sports and Entertainment (KSE), Kroenke’s holding company, and it means he now owns a team in all four major North American sports. We’re talking about the Rams, Nuggets, Avalanche, and now the Angels. Oh, and let’s not forget Arsenal in the English Premier League. What’s wild is that the Rams, Nuggets, Avalanche, and Arsenal have *all* won a championship in their respective sports over the last decade. That’s a serious track record of success! Kroenke himself sounds stoked, saying, “The Angels are a storied franchise anchored in a great market. We look forward to an exciting future with the Angels organization.” The transaction is expected to close in the first quarter of 2027, pending approval from Major League Baseball, and details about the sale terms aren’t out yet. Still, Kroenke’s reputation has fans buzzing big time.
Fans Erupt as Moreno Era Closes on a Challenging Note
Let’s be real, the Angels have struggled big time during much of Arte Moreno’s tenure since he bought the team in 2003. They haven’t seen a postseason appearance since 2014, and fans have been straight-up demanding a change. Moreno released a statement acknowledging the transition, saying his family has been “honored to steward the Angels for 23 years” and that KSE’s “experience and success” makes them the best next owner. But for the fans? This is a moment of pure relief and exhilaration. Jonny Gonzalez, who runs the “Angels Boycott” Instagram page and was part of fan protests, didn’t hold back. He said, “I started crying. I’m not gonna lie. I got a little teary eyed. I mean there’s been so much leading up to this moment, and we put in a lot of work.” Gonzalez added, “The fans have put in a lot of the work and the atmosphere this year at the stadium has been different. The crowd, the fans have been different this year as well and we’re just happy that it finally paid off.” Other fans are absolutely thrilled not just by the sale, but by *who* made the purchase, seeing Kroenke’s track record as a huge sign of hope.
The Angels’ future now hinges on MLB approval, but the excitement is palpable. With a new owner who knows how to win championships, fans are absolutely buzzing for what’s next for the franchise.
This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.
Originally reported by Yahoo Sports.
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