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Sports · Basketball · published 2026-09-02 · via Sports Illustrated

Kroenke's Angels Purchase Draws Ire from Nuggets Supporters

Image via Sports Illustrated
Image via Sports Illustrated

Denver Nuggets fans are upset that owner Stan Kroenke spent $4 billion to buy the Los Angeles Angels while the team was unwilling to pay a luxury tax to keep Peyton Watson. The Nuggets traded Watson to the Cavaliers in a quiet offseason. Critics point to Kroenke's spending on other teams, including the Rams and Avalanche, as evidence of misplaced priorities.

Expanded Detail

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The Watson trade to Cleveland came amid Denver's efforts to navigate the NBA's punitive second-apron tax threshold. At 23, Watson represented the franchise's only meaningful young asset, and his departure leaves Denver heavily reliant on an aging supporting cast around three-time MVP Nikola Jokic, whose prime years are now at stake.

Kroenke's portfolio spans four major professional leagues, including the Rams, Avalanche, Arsenal, and now the Angels. His recent spending across those franchises—$20 million for Aaron Donald, $163 million for Cale Makar, and $227 million on Arsenal transfers—stands in stark contrast to the Nuggets' cost-cutting approach this

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: “Nuggets Owner Stan Kroenke Catches Flak for Buying MLB's Angels.” Browse more stories.