sports

Arte Moreno Selling Angels to Stan Kroenke

Arte Moreno is selling the Los Angeles Angels to Stan Kroenke for a record $4 billion, marking a fresh start for the franchise after 11 consecutive losing seasons.

The transaction, expected to close in the first quarter of 2027 subject to MLB approval, will see Kroenke acquire a controlling interest. Moreno will retain a minority stake. mchezo.life

Mike Trout expressed excitement about the move, citing Kroenke's proven track record with other teams. Angels players reached out to Los Angeles Rams counterparts for positive feedback on the new ownership.