{ "story_id": "90f76ff2f9b5b44feeb334c8c8ac0551", "desk": "drm3", "revision": 1, "published_at": "2026-09-02T00:00:35.000Z", "content_hash": "30c0bdec022ee5292fa3320418b4a9f6bf1d08f02d280b0c6ecb8543d408bfe0", "hash_basis": "sha256 over `headline\\ndek\\nprose`, plus `\\n` + the canonical citations JSON when any source is placed, plus `\\n#blog` for blogs", "basis": { "headline": "Stan Kroenke's Kroenke Sports to purchase Los Angeles Angels from Arte Moreno", "dek": "Kroenke Sports and Entertainment reaches deal to purchase Los Angeles Angels from Arte Moreno", "prose": "Kroenke Sports and Entertainment announced on 2026-09-01 that it has reached a deal to purchase the Los Angeles Angels from Arte Moreno, with the transaction expected to close in early 2027. [^1]\n\nKroenke Sports and Entertainment announced on September 1, 2026, that it has entered into a definitive agreement to acquire a controlling interest in the Los Angeles Angels Baseball Club from the Moreno Family. [^2]\n\nStan Kroenke, owner of the Los Angeles Rams and Arsenal, agreed to purchase the Los Angeles Angels baseball franchise from Arte Moreno. [^3]\n\nThe transaction is valued at $4 billion, which represents a record price for an MLB team. [^4]\n\nStan Kroenke's company, Kroenke Sports and Entertainment, owns the NFL's Los Angeles Rams, Arsenal of the English Premier League, the NBA's Denver Nuggets, the NHL's Colorado Avalanche, MLS's Colorado Rapids, and SoFi Stadium. [^5]\n\nThe Los Angeles Angels are heading to their 11th consecutive losing season and 12th consecutive non-playoff season, both the longest active streaks in Major League Baseball. [^6]\n\nThe transaction is expected to close in the first quarter of 2027, subject to standard closing conditions. [^7]\n\nArte Moreno bought the Angels from The Walt Disney Company in 2003. [^8]\n\nStan Kroenke's company expects to close the transaction in early 2027 pending approval from Major League Baseball. [^9]\n\nThe Los Angeles Angels have failed to qualify for the playoffs for 12 consecutive seasons, a record for the longest streak in Major League Baseball history. [^10]\n\nArte Moreno had owned the Los Angeles Angels for 23 years before selling the team. [^11]\n\nThe Angels have made the playoffs just once during the career of three-time AL MVP Mike Trout, who teamed with two-time AL MVP Shohei Ohtani for six straight seasons with no success. 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