Stan Kroenke officially scooped up the Los Angeles Angels of Major League Baseball, reportedly for a record price tag north of $3.9 billion, and this dude just keeps collecting sports teams like they are trading cards. The move, confirmed via Sam Farmer of the L.A. Times, means Kroenke now owns a team that literally covers bases, completing his full sweep across the major sports.
Kroenke’s Empire Keeps Growing, But Can He Win?
Seriously, this guy is building an empire. Adding the Angels means Kroenke now owns the NFL’s Rams, the NBA’s Colorado Nuggets, the NHL’s Colorado Avalanche, and the MLS’s Colorado Rapids. Oh, and let us not forget Arsenal of the Premier League across the pond. It is a staggering portfolio. Kroenke even dropped a statement saying, “The Angels are a storied franchise anchored in a great market. We look forward to an exciting future with the Angels organization.” Sounds like owner talk, right? But the real question is what this massive investment actually brings to the field.
The Big Money Move and a Brutal Playoff Drought
This transaction is huge, not just because Kroenke is a big name, but because the purchase price for the Angels blew past the $3.9 billion recently paid for the Padres. We are talking serious cash changing hands here. Arte Moreno, who owned the team for more than 20 years, is out, and Kroenke is in. But here is the kicker: the Angels are currently stuck in an absolutely brutal 11-year playoff drought, and it is looking like that is going to stretch to 12 years in 2026. That is a long time to go without postseason baseball, folks.
New ownership, record money, a “storied franchise,” and a playoff drought that is old enough to drive. That is the hand Kroenke is dealing with as he takes over the Angels. Can this latest acquisition finally turn things around for them? It will be wild to watch what he does next, especially with that kind of history hanging over the team as the regular season grinds on.
This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.
Originally reported by Pro Football Talk.
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