A deal has been reached for the sale of the Los Angeles Angels. Kroenke Sports and Entertainment, led by Stan Kroenke, will purchase controlling ownership of the team from Arte Moreno. This addition expands the company's portfolio of teams across major U.S. professional sports.

The company already owns several teams, including the Los Angeles Rams, Arsenal, the Denver Nuggets, and the Colorado Avalanche. The transaction is expected to close in early 2027, pending approval from Major League Baseball.

Further details on the sale are available, but Major League Baseball has not yet commented on the news. The sale marks Kroenke Sports and Entertainment's entry into baseball, adding to its existing holdings in other professional sports.