Arte Moreno selling Angels to Rams owner

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-01 • Permanent link

Fierce competition is brewing in the world of Major League Baseball, as Arte Moreno is selling his Los Angeles Angels to Rams owner Stan Kroenke. The deal, reportedly worth $1.1 billion, marks a significant shift in the team's ownership landscape and raises questions about the future of the franchise. Kroenke's purchase is the latest in a string of high-profile ownership changes in the sports industry, with the sale of the Atlanta Braves to a group of investors led by Ted Turner's family also making headlines. The move is expected to be finalized by the end of the year, with Kroenke's team already working to rebrand the team's logo and marketing materials.

Risks to the sale are high, with some analysts warning that Kroenke's involvement in the team could lead to increased costs and decreased profitability. The Angels have struggled to turn a profit in recent years, missing the postseason for the 11th consecutive season. As a result, Kroenke will need to navigate a complex web of debt and financial obligations in order to ensure the team's long-term viability. With the sale complete, Kroenke will have the opportunity to implement new strategies and make significant changes to the team's operations.

The sale of the Angels is a rare instance of a sports franchise changing hands in a time of economic uncertainty. The sports industry has been hit hard by the COVID-19 pandemic, with many teams struggling to stay afloat due to reduced revenue and increased costs. As a result, Kroenke's purchase of the Angels may be seen as a calculated risk, with the owner likely seeking to capitalize on the team's brand and fan base in order to generate significant revenue. With the team's new ownership structure in place, fans can expect to see significant changes in the coming years.

As the sale of the Angels is finalized, fans will be watching with bated breath to see how Kroenke's team will perform on the field. With a new ownership structure in place, there are many questions surrounding the team's future, including the potential for changes to the team's roster and coaching staff. With the start of the 2024 season just around the corner, Kroenke's team will need to hit the ground running if they hope to turn their fortunes around and make a serious push for the playoffs.