Kroenke's Angels Deal Includes $2.5B Ballpark Plan
Stan Kroenke has tentatively agreed to purchase the Los Angeles Angels from Arte Moreno for a $4.5 billion valuation, with the sale expected to close in early 2027 pending MLB approval. According to a Forbes report, Kroenke intends to construct a new $2.5 billion stadium to replace Angel Stadium. The move signals an immediate push for major infrastructure changes under new ownership.
The reported $4.5 billion valuation would place the Angels among the most expensive franchise sales in MLB history. Kroenke, who already owns the Los Angeles Rams and Arsenal, would add a second Southern California team to his portfolio. The deal's completion depends on approval from MLB owners, with a projected closing in early 2027.
The proposed $2.5 billion stadium project signals a major infrastructure commitment, as Angel Stadium has been the team's home since 1966. Fan sentiment appears mixed, with a related story showing Angels fans chanting goodbye to outgoing owner Arte Moreno, suggesting the sale may be welcomed by a frustrated fanbase eager for change.
The sale could reshape the Angels' competitive trajectory, as new ownership often brings renewed investment in player payroll and facilities. A new stadium may boost the local Anaheim economy through construction jobs and increased