Stan Kroenke Reportedly Set to Acquire Los Angeles Angels
Stan Kroenke, owner of the Los Angeles Rams and Denver Nuggets, is reportedly poised to acquire the Los Angeles Angels baseball team, as reported by CBS News.
Denver, CO, September 1, 2026 —
Los Angeles, CA – Stan Kroenke, a prominent figure in professional sports ownership, is reportedly in advanced discussions to acquire the Los Angeles Angels baseball team. The news was first reported by CBS News, indicating a significant potential shift in Major League Baseball ownership.
Kroenke, whose sports empire already includes the NFL’s Los Angeles Rams and the NBA’s Denver Nuggets, is said to be nearing a deal for the Southern California-based baseball franchise. This potential acquisition would add an MLB team to Kroenke’s already diverse portfolio of sports holdings.
Details regarding the terms of the potential acquisition, including financial figures and a definitive timeline, were not immediately available in the initial reports. The status of negotiations and the specific parties involved in the sale process beyond Kroenke’s reported interest have not been fully disclosed.
The Los Angeles Angels have been a Major League Baseball franchise for decades. The team’s current ownership structure and any previous discussions about a sale have not been detailed in the CBS News report. The specifics of the transaction, such as the exact price and the official announcement date, are pending further confirmation.
Kroenke Sports & Entertainment, the umbrella organization for his sports teams, has not issued a public statement regarding the reported acquisition. Information regarding league approval processes for new ownership in Major League Baseball was not provided in the initial summary.
Further updates are expected as more information becomes available regarding this developing story.
Story summarized from the original created by Google News on news.google.com, see more information here.
