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Stan Kroenke's $4 billion deal ends Arte Moreno's 23-year Angels reign
Stan Kroenke announced a controlling stake purchase of the Los Angeles Angels from Arte Moreno in a deal reported around a record $4 billion, ending Moreno’s 23-year ownership. Kroenke’s track record of winning and building dynasties suggests an immediate franchise overhaul—new front office leadership, investments in player development, and major stadium and fan-experience upgrades—with closing anticipated in early 2027.
Sports · 112 sources · Sep 9, 2026Read itThe journal
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About Arte Moreno
Arturo "Arte" Moreno is an American businessman. On May 15, 2003, he became the first Mexican-American to own a major sports team in the United States when he purchased the Anaheim Angels baseball team from the Walt Disney Company.
Everything about Arte Moreno →- Occupation
- chief executive officer
- Citizenship
- United States
- Born
- August 1946