Owner Stan Kroenke of the Denver Nuggets stands on the court before game four of the Nuggets’ NBA Playoffs series against the Minnesota Timberwolves at the Target Center in Minneapolis, Minnesota on Saturday, April 25, 2026.
Aaron Ontiveroz | Denver Post | Getty Images
Stan Kroenke has added a Major League Baseball team to his growing sports empire, agreeing to purchase a controlling stake in the Los Angeles Angels of Anaheim from the Moreno family, according to a release.
The transaction is expected to close in the first quarter of 2027. Terms of the transaction were not disclosed.
“The Angels are a storied franchise anchored in a great market. We look forward to an exciting future with the Angels organization,” Kroenke, owner and chairman of Kroenke Sports and Entertainment, said in the release.
Kroenke Sports and Entertainment was valued at more than $26 billion in CNBC’s most recent list of the world’s most valuable sports empire,…
