Kroenke to buy baseball's Los Angeles Angels: statement

September 2, 2026 - 04:06

US billionaire Stan Kroenke has reached an agreement to purchase the Los Angeles Angels baseball club, according to a statement released on Tuesday. The deal adds another major sports franchise to Kroenke's already extensive portfolio, which includes the NFL's Los Angeles Rams and the English Premier League side Arsenal.

The Angels, who play their home games in Anaheim, just outside Los Angeles, have been under the ownership of the Walt Disney Company. The sale marks the end of Disney's tenure in Major League Baseball, a period that saw the team achieve moderate success but never capture a World Series title.

Financial terms of the agreement were not disclosed in the initial statement. The purchase is expected to undergo review and approval by Major League Baseball owners, a process that typically takes several weeks. If completed, Kroenke would control teams in three of the four major US professional sports leagues, along with a top-tier European football club.

Kroenke's growing sports empire has drawn both attention and criticism over the years, with some questioning the concentration of ownership across multiple high-profile teams. However, his track record with the Rams, including a Super Bowl victory in 2022, suggests he is willing to invest heavily in player development and facilities.

For Angels fans, the change in ownership brings hope for a new direction. The team has struggled in recent seasons despite having star players like Mike Trout and Shohei Ohtani on the roster. Whether Kroenke will bring the same aggressive approach to baseball that he has shown in football remains to be seen.