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Sports · Baseball · published 2026-09-02 · via The Athletic

Angels faithful celebrate as Moreno agrees to sell franchise to Kroenke

Image via The Athletic
Image via The Athletic

Fans of the Los Angeles Angels expressed relief and joy after owner Arte Moreno announced the sale of the team to Stan Kroenke for a reported $4 billion, a deal that includes the club's TV and radio assets. The sale, expected to close in early 2027, marks the most expensive transaction in MLB history and ends Moreno's 11-year tenure marked by losing seasons. Star Mike Trout called the move a 'fresh start' and a chance to restore a winning culture.

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The $4 billion valuation encompasses the team's television network and radio station, making it the most expensive transaction in MLB history. The sale is expected to close in early 2027, with Moreno retaining a diminished minority stake. This marks a reversal from his August 2022 attempt to sell, which was pulled off the market five months later.

Kroenke's existing sports portfolio includes the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, and Arsenal. The fan-driven "Tarps Off" movement, which chanted for Moreno's exit throughout the summer, celebrated with new chants thanking Kroenke. Trout described the change as a "fresh start," while new club president Molly Jolly noted Moreno was aware of the fan sentiment, emphasizing that securing the right next

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
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This summary is AI-generated and original to Mobble; the linked article is the authoritative source. Original headline: “For Angels fans 'hoping for change,' Arte Moreno selling the team merits a celebration.” Browse more stories.