Angels Supporters Bid Farewell to Outgoing Owner During Loss
During Tuesday's game against the Yankees, Angels fans broke into a chant of "Goodbye, Arte" directed at owner Arte Moreno. The team had announced earlier that day that Moreno agreed to sell the franchise to Stan Kroenke for $4 billion. The sale is expected to be finalized in early 2027.
The sale price of $4 billion marks a record for a Major League Baseball franchise, reflecting the sport’s soaring valuations. Moreno, who purchased the team in 2003, oversaw sustained success but never a World Series title. Kroenke’s portfolio includes the Rams and Arsenal, signaling deep pockets and potential stadium or payroll investments. The deal’s completion in early 2027 means Moreno will remain in control through at least one more season, leaving fans to wait for the transition.
Tuesday’s chant came during a lopsided loss to the Yankees, underscoring the frustration that has built among supporters over recent years. The Angels have missed the playoffs for over a decade despite featuring stars like Mike Trout and Shohei Ohtani. Moreno’s tenure saw rising ticket prices and a lack of pitching depth, fueling the fan base’s eagerness for change. The new owner’s track record suggests a more aggressive approach to spending.
This ownership transition could reshape the Angels’ competitive trajectory and fan engagement. A wealthier owner may boost payroll and attract free agents, potentially ending a long playoff drought. However, the sale’s delayed closing means uncertainty persists, which may affect player decisions and season-ticket renewals. For the broader MLB landscape, the record price signals continued financial growth, but also raises questions about competitive balance and the influence of multi-sport owners on league dynamics.