Stan Kroenke is adding the Los Angeles Angels to his already massive sports portfolio, further expanding the empire that includes the Colorado Avalanche, Denver Nuggets, Los Angeles Rams and Arsenal.
Stan Kroenke’s sports empire continues to expand, and his latest move takes him into Major League Baseball.
Kroenke Sports & Entertainment announced Tuesday that it has reached a definitive agreement to acquire a controlling interest in the Los Angeles Angels from the Moreno family. The transaction is expected to close during the first quarter of 2027, pending customary closing conditions and approval from Major League Baseball.
Kroenke is already one of the most powerful owners in professional sports, with KSE controlling the Colorado Avalanche, Denver Nuggets, Colorado Rapids and Colorado Mammoth, along with the Los Angeles Rams and English soccer clubs Arsenal FC and Arsenal Women. Under Kroenke’s ownership, the Avalanche have become one of the NHL’s premier franchises, winning the Stanley Cup in 2022 and remaining a perennial contender since.
The Angels will now become the latest addition to that portfolio.
Kroenke’s sports empire stretches across the NHL, NBA, NFL, MLS, NLL, Premier League and, pending approval, MLB. The acquisition also gives KSE an even larger footprint in Southern California.
Kroenke-affiliated entities own the Rams and developed SoFi Stadium and the surrounding 300-acre Hollywood Park district in Inglewood. The massive development has become one of the region’s major sports and entertainment destinations and is scheduled to host Olympic and Paralympic events in 2028.
The Angels would give KSE another major franchise in Southern California while extending its reach into Orange County.
“The Angels are a storied franchise anchored in a great market. We look forward to an exciting future with the Angels organization,” Kroenke said.
The Moreno family has owned the Angels since 2003. Arte Moreno said the family believes KSE is the right group to lead the franchise into its next chapter.
“The Angels Organization is pleased to announce this transaction with Kroenke Sports & Entertainment,” Moreno said. “The Moreno Family has been honored to steward the Angels for 23 years and we believe with KSE’s experience and success they are the best next owner for the franchise.”
The transaction still requires approval from MLB before it can become official.
If approved, the deal would mark another major expansion for Kroenke, whose sports holdings already stretch from Colorado to Los Angeles and across multiple leagues on both sides of the Atlantic.
The Angels would also give Kroenke another team in the Los Angeles market alongside the Rams. With SoFi Stadium and Hollywood Park already serving as the centerpiece of KSE’s Southern California presence, adding an MLB franchise would further cement the organization’s footprint in the region.
For Avalanche fans, the Angels deal is another example of just how large Kroenke’s sports empire has become. What started with a powerful presence in Colorado now extends across some of the biggest markets and leagues in professional sports.
And now, another historic franchise is set to join it.
