ANAHEIM, Calif. — The next chapter of the Los Angeles Angels may ultimately be about much more than a change in ownership.
Kroenke Sports & Entertainment has entered into a definitive agreement to acquire a controlling interest in the Angels from the Moreno family, bringing Stan Kroenke — already one of the most influential figures in Southern California sports — closer to adding Major League Baseball to his global portfolio.
The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions and Major League Baseball approval.
For Anaheim, however, the significance of the agreement extends beyond the baseball diamond.
From Inglewood to Anaheim
Kroenke is already deeply established in the Los Angeles sports market through the Rams. KSE’s portfolio also includes the Denver Nuggets, Colorado Avalanche, Colorado Rapids and Arsenal, among other sports properties.
The Angels would give KSE something different: a major foothold in Orange County and its first Major League Baseball franchise.
There is also an unusual historical connection between Kroenke’s current and prospective Southern California teams. The Rams played their home games at Angel Stadium from 1980 through 1994 before moving to St. Louis. They eventually returned to the Los Angeles area in 2016 under Kroenke, whose privately financed stadium project transformed a large section of Inglewood.
Decades later, the Rams owner is now preparing to take control of the baseball team that still calls that same Anaheim stadium home.
Angel Stadium May Be the Bigger Story
What happens to Angel Stadium could become one of the most consequential questions of the Kroenke era.
The Angels’ current lease runs through December 31, 2032, with team-held options that could extend their stay through 2038. Previous efforts under Arte Moreno to reach a long-term stadium and development solution with Anaheim did not produce a lasting agreement.
The stadium and surrounding city-owned property were not included in the sale of the team, according to the Los Angeles Times. That means any future redevelopment, renovation or replacement plan would require a new relationship between the incoming ownership and the city.
That is where Kroenke’s background becomes particularly relevant.
In Inglewood, his organization developed SoFi Stadium as the centerpiece of the much larger Hollywood Park project. His experience does not guarantee that Anaheim will follow a similar model, and neither KSE nor the city has announced such a plan.
But it makes the future of the Angel Stadium property a story worth watching closely.
Anaheim Mayor Ashleigh Aitken welcomed the beginning of a new chapter for the franchise and pointed specifically to Kroenke’s record with the Rams and investment in surrounding communities.
A Franchise Ready for Change
Moreno purchased the franchise in 2003. During his ownership, the Angels won six American League West titles — in 2004, 2005, 2007, 2008, 2009 and 2014 — but the club has not posted a winning season since 2015.
The front office has also been changing. Longtime club president John Carpino retired and was succeeded by Molly Jolly, while Perry Minasian was dismissed as general manager earlier this season. Former St. Louis Cardinals executive John Mozeliak has been serving as interim general manager.
Moreno, now 80, had previously explored a sale in 2022 before deciding to retain the franchise.
This time, the agreement would end his 23-year run as controlling owner, although MLB.com reports that he is expected to retain an undisclosed minority interest.
Mike Trout Looks Toward the Next Era
For Mike Trout, the ownership change would be one of the biggest organizational shifts of his Angels career.
The three-time American League MVP spoke positively about the prospective new owner after the announcement, pointing to Kroenke’s history of success and championships across his sports organizations. Trout said he was excited about the development and looked forward to meeting him.
That championship history is significant.
Under KSE ownership, the Rams won Super Bowl LVI, the Nuggets captured the 2023 NBA championship, the Avalanche won Stanley Cups in 2001 and 2022, and the Colorado Rapids won the 2010 MLS Cup. Arsenal won the 2025–26 Premier League title.
Those accomplishments do not guarantee a turnaround in Anaheim. Baseball presents its own challenges, and the Angels’ competitive problems will not disappear simply because ownership changes.
But they help explain why this transaction carries unusual expectations.
More Than a Baseball Transaction
For Southern California, the agreement connects two very different parts of the region’s sports landscape.
Kroenke already has a major presence in Los Angeles County through the Rams, SoFi Stadium and Hollywood Park. Acquiring the Angels would extend that footprint into Orange County and place another of the region’s major professional franchises under KSE control.
For Angels fans, the immediate hope will naturally center on baseball: building a sustainable organization capable of returning to the postseason.
For Anaheim, the stakes could be considerably broader.
The future of Angel Stadium, the land surrounding it and the team’s long-term relationship with the city could eventually become as important as any roster decision the incoming ownership makes.
None of those questions has been answered yet.
The transaction itself still requires MLB approval and is not expected to close until the first quarter of 2027. Until then, the Angels remain under their current ownership structure.
But if the deal is completed, Stan Kroenke will not simply be adding another team to his collection.
He will be taking responsibility for one of Southern California’s most recognizable franchises — and potentially one of its most consequential sports-development opportunities.
Written by Gustavo Medeiros / LA Momentum
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