Kroenke Sports and Entertainment announced on 2026-09-01 that it has reached a deal to purchase the Los Angeles Angels from Arte Moreno, with the transaction expected to close in early 2027. ^[1] Kroenke Sports and Entertainment announced on September 1, 2026, that it has entered into a definitive agreement to acquire a controlling interest in the Los Angeles Angels Baseball Club from the Moreno Family. ^[2] Stan Kroenke, owner of the Los Angeles Rams and Arsenal, agreed to purchase the Los Angeles Angels baseball franchise from Arte Moreno. ^[3] The transaction is valued at $4 billion, which represents a record price for an MLB team. ^[4] Stan Kroenke's company, Kroenke Sports and Entertainment, owns the NFL's Los Angeles Rams, Arsenal of the English Premier League, the NBA's Denver Nuggets, the NHL's Colorado Avalanche, MLS's Colorado Rapids, and SoFi Stadium. ^[5] The Los Angeles Angels are heading to their 11th consecutive losing season and 12th consecutive non-playoff season, both the longest active streaks in Major League Baseball. ^[6] The transaction is expected to close in the first quarter of 2027, subject to standard closing conditions. ^[7] Arte Moreno bought the Angels from The Walt Disney Company in 2003. ^[8] Stan Kroenke's company expects to close the transaction in early 2027 pending approval from Major League Baseball. ^[9] The Los Angeles Angels have failed to qualify for the playoffs for 12 consecutive seasons, a record for the longest streak in Major League Baseball history. ^[10] Arte Moreno had owned the Los Angeles Angels for 23 years before selling the team. ^[11] The Angels have made the playoffs just once during the career of three-time AL MVP Mike Trout, who teamed with two-time AL MVP Shohei Ohtani for six straight seasons with no success. ^[12]