Kroenke Sports and Entertainment Agrees to Acquire Controlling Ownership of Los Angeles Angels
Kroenke Sports and Entertainment, led by Stan Kroenke, has agreed to purchase controlling ownership of the Los Angeles Angels from Arte Moreno.
Denver, CO, September 1, 2026 — In a significant development within professional sports ownership, Kroenke Sports and Entertainment (KSE) has reached an agreement to purchase controlling ownership of the Los Angeles Angels baseball team. The deal involves acquiring the club from its current owner, Arte Moreno.
The transaction, which is still subject to standard league approvals, marks a major shift for one of Major League Baseball’s prominent franchises. Kroenke Sports and Entertainment, a diversified sports holding company, already boasts a portfolio of teams across various leagues, including the Los Angeles Rams (NFL), Denver Nuggets (NBA), Colorado Avalanche (NHL), and Arsenal F.C. (Premier League). The inclusion of the Los Angeles Angels would add an MLB team to KSE’s extensive sports empire.
Stan Kroenke, the principal owner of KSE, has been a prominent figure in the sports industry for decades. His business ventures have expanded globally, with a significant presence in North American sports markets.
Arte Moreno has owned the Los Angeles Angels since 2003. During his tenure, the team has experienced periods of both success and challenges. Details regarding the financial terms of the agreement were not immediately disclosed. The duration of negotiations or the specific timeline for the completion of the deal, pending league approval, was also not provided.
The Los Angeles Angels organization is based in Anaheim, California. Further information on the implications of this ownership change for the team’s operations, management, and future direction is expected to emerge following the finalization of the purchase and regulatory reviews.
Story summarized from the original created by AP via Scripps News Group on www.denver7.com, see more information here.
