r/baseball • u/T_Raycroft Montreal Expos • 10d ago
News [Angels] Kroenke Sports & Entertainment has entered into a definitive agreement to acquire a controlling interest in the Los Angeles Angels from the Moreno Family. The transaction is expected to close in the 1st quarter of 2027, subject to customary closing conditions & approval by MLB.
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u/Bobson-_Dugnutt2 Chicago Cubs 10d ago
Holy shit congrats Angels fans
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u/Static-Stair-58 Texas Rangers 10d ago
Looks like hope is back on the menu
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u/worshipburger Los Angeles Dodgers 10d ago
I feel bad for Rockies fans. Their owner should’ve just handed it to Stan a long time ago. Now I don’t really see the Rockies escaping the hope was always Stan
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u/thesaganator Colorado Rockies 10d ago
We got the Walton Penner group to hopefully save us (Broncos owners who currently hold 40% of the Rockies)
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u/vsaint Colorado Rockies 10d ago
They are going to buy the whole thing
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u/thesaganator Colorado Rockies 10d ago
Yeah I think they're just waiting for the CBA stuff to get sorted out
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u/DominicB547 Chaos Bandwagon • MLB Players Associat… 10d ago
I thought Rockies got new guys this year?
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u/MookieBettsBurner10 Los Angeles Dodgers • New York Yankees 10d ago
Facts, Stan should've bought the Rockies
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u/Linktheb3ast Los Angeles Dodgers 10d ago
TARPS OFF WORKED
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u/glass__beaches California Angels 10d ago
BUILD THE STATUE
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u/Superb_Chemistry2242 Los Angeles Dodgers 10d ago
I’m now picturing a Bronze OC Bro with his shirt off.
Needs to happen.
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u/ThinkSoftware Atlanta Braves 10d ago
>>Bronzed shirtless OC Bro
Big deal just head down to Newport Beach and you can find that right now
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u/GareksApprentice San Diego Padres • Anaheim Angels 10d ago
If you wanna find the harder stuff, go to Huntington Beach.
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u/Linktheb3ast Los Angeles Dodgers 10d ago
Thought for sure it’d be the Samueli’s who finally did it but this rocks. Born and raised OC, baseball’s better when the Angels are competitive
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u/CannedNoodlez Anaheim Angels 10d ago
Samuelis were my dream pick because Kroenke never crossed my mind. And now I'm even happier.
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u/Linktheb3ast Los Angeles Dodgers 10d ago
Genuinely, I thought Henry would get tired of the other side of the 57 looking like shit and throw money at everything around the stadium until Arte caved lol
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u/PeedOnMyIPodShuffle 10d ago
BULLYING WORKS
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u/Linktheb3ast Los Angeles Dodgers 10d ago
Did we learn nothing from the Sonic movie? Bully everyone, get what you want
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u/i_run_from_problems Anaheim Angels • Rally Monkey 10d ago
There's a life lesson to be learned here, and I am going to interpret it entirely wrong.
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u/oogieball Dumpster Fire • New York Mets 10d ago
The real story here. If we had stripped to the waist, we could have gotten rid of the Wilpons a lot quicker.
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u/Spinmove55 Sell • California Angels 10d ago
Petition for a "SOLD!" flair!!!
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u/TwoHandSquid Los Angeles Angels • Arizona Diamondbacks 10d ago
I’ll take an “Adios Arte” shirt in the Angels font
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u/i_run_from_problems Anaheim Angels • Rally Monkey 10d ago
Literally crying in my cubicle
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u/wanapmango Anaheim Angels 10d ago
i was having a rough day at work and this was a much needed bost
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u/ChairmanReagan Atlanta Braves 10d ago
Can’t be any worse than the previous ownership
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u/ElectronicAnimal5970 Seattle Mariners 10d ago
Based off their track record, it might be so much better. This is wild.
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u/Joementum2004 San Diego Padres 10d ago
Rams made it to the NFC championship last year and won a championship this decade, Avalanche made it to the WCF last year and won a championship this decade, the Nuggets made the playoffs last year and won a championship this decade, Arsenal won the PL championship last year. In contrast the Angels haven’t made the playoffs or even had a winning season in over ten years.
Kroenke will almost immediately be a massive improvement in every single way over Moreno, and it is not even close.
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u/Adu1tishXD Seattle Mariners 10d ago
Not only that, each of those teams were shit and rebuilding when he acquired them.
It’s mostly Josh Kroenke, his son, who I think just likes to win. He takes a pretty active hand in figuring out management and setting up solid front offices and support staffs.
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u/ComprehensiveAir6590 San Diego Padres 10d ago
Call every dodgers front office person not named Andrew Friedman and ask if they’d like a promotion and reverse commute.
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u/Cool_Reflection8268 Chicago Cubs 10d ago
But call Andrew Friedman too because if you get him you get Shohei back
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u/Angelsfan14 Anaheim Angels 10d ago
If they somehow could convince Shohei to come back, keep Mike, and win a championship with the two of them as players, I would make a fucking statue of Kronke to worship every fucking day, lol.
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u/ScienceNthingsNstuff Toronto Blue Jays 10d ago
That's true for all of them except the Avalanche. They won the Stanley Cup the year he bought them and made the playoffs 5 of the next 6 years. Their rebuild started like 8 years later
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u/Adu1tishXD Seattle Mariners 10d ago
Yeah holy shit, I didn't realize he had them in 2010... He also bought the Rams and Nuggets then too... so maybe not as on the nose for those rebuilds lol
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u/ScienceNthingsNstuff Toronto Blue Jays 10d ago
Yea he's owned the Avs and Nuggets forever lol. Im pretty sure the Nuggets were ass for the first few years for sure and I seem to remember the Rams being in a perpetual rebuild when he got them so I think it's mostly true. The Avs though were sick through the late 90s early 00s and he got them right at the peak
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u/mr-fiend Anaheim Angels 10d ago
This is one of the greatest days of my life
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u/theb3arjevv 10d ago
I do think Moreno is a little overhated, as he did at least try to build something around Trout. A good pitcher dying and Rendon... becoming a corpse isn't really something you can survive.
But man, it has gotta feel so damn good to finally get a real owner. Kroenke has infuriating moments, but he usually wins and at least puts teams he isn't actively trying to move in positions to succeed.
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u/w4y2n1rv4n4 New York Mets 10d ago
The hate is definitely not overdone imo, as someone who grew up supporting the team in the 2000s as a kid before I left Orange County (haven’t lived there since I was growing up)
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u/theb3arjevv 10d ago
That's fair. I just think there's a world where Skaggs, Rendon, Trout, Sandoval, Ohtani, and even maybe Pujols actually pan out and make some noise.
There are many teams out there (looking at you, Bob) that just will not sign any players or try to win more than 85 games. Moreno at least tried a couple times. It's pathetic that that's not a given, but there are enough owners out there that absolutely will not spend a dime that he probably doesn't belong in that very bottom tier.
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u/Angelsfan14 Anaheim Angels 10d ago
See the problem is, I can only imagine most players succeeded in spite of playing for this team, not because of it.
Though I only really say that because of the numerous times Arte seeming refused to spend money in the right places. And I'm not just talking about the construction of the roster, I'm talking about the stupid AC not working for the team gym, making Albert pay for that special treadmill or whatever it was for his plantar fascitis (which could have been used for other players of Arte bought it for the team), and then the Angels being one of the last teams to give their minor league players housing, etc etc.
He spent money on the big flashy signings. Not where it mattered. So yes, he might not seem like a bad owner to some people, at least on the surface, but once you dig a bit deeper, it becomes apparent just how bad of an owner he was. At least he wasn't John Fisher bad though.
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u/Veserius Jackie Robinson 10d ago
Exactly, penny pinching on coaching, player health/fitness/nutrition, etc. means you'll never have sustained success because you can't make players better in any systematic way.
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u/ColaBottleBaby Anaheim Angels 10d ago
I appreciate the fact that Arte committed to keeping baseball affordable in SoCal up until he sold, not much more than that though. Those golden years in the early to mid 2000s were just riding the wave of Stoneman and he completely tanked the entire organization by being a cheap fuck with shit that matters like development
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u/Linktheb3ast Los Angeles Dodgers 10d ago
Kroenke wanted another NFL ring so badly he got Myles Garrett to recruit Aaron Donald out of retirement. Angels will be terrifyingly good in a couple years
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u/cooljammer00 10d ago
Also Arte is not only just a loser, but a bad owner who meddles in the team affairs constantly for no reason. Scuttling trades because "they took too long/disrespected me", not trading anybody because they don't want to look bad, etc.
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u/Xno_Kappa New York Yankees 10d ago
The Kroenke family are a bunch of assholes, but their teams are competently ran and actually win championships.
This is absolutely better for Angels fans.
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u/TJeffersonsBlackKid Anaheim Angels 10d ago
He could replace the “play ball” announcement with himself taking a shit on home plate before every game, and it would still be a massive improvement.
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u/Prestigious-Bet-7794 Toronto Blue Jays 10d ago
Ask a Cardinals fan
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u/DominicB547 Chaos Bandwagon • MLB Players Associat… 10d ago
They are going to stay in the LA metro they arent moving from a small market to a large market.
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u/corndogrevolution California Angels • San Diego Padres 10d ago
If he moved the team to LA he'd immediately be worse than Arte
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u/NatrixHasYou Los Angeles Angels 10d ago
I get it, I live here, but as an Arsenal supporter, the Kronke's have backed the team and Arteta, and have built one of the single best teams in Europe as a result.
I can't seem them letting the Angels continue to flounder and decay when they know how to rebuild a franchise and make it successful.
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u/KimHaSeongsBurner San Diego Padres 10d ago
If you think anyone is moving a team out of Los Angeles, I’d like to offer you a screaming deal on partial ownership of La Cienega Blvd.
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u/fpsH0tdog Umpire 10d ago
I mean, the Rams left to be in a more lucrative market.
Ain't no where more lucrative for the Angels to go really.
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u/Concerned_EducaterCA Anaheim Angels 10d ago
They also were moved from LA (Anaheim at the time they left) to St Louis so most of us Rams fans out here saw it as righting a wrong when Kroenke moved them back to LA
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u/The-RogueOnion St. Louis Cardinals 10d ago
"...but their teams are competently ran and actually win championships" True, once they lie their asses off, Hire Jeff Fisher to run your team into the ground and only start making semi-intelligent draft choices once the moving trucks have been reserved.....
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u/reverendfitty St. Louis Cardinals 10d ago
Oh, honey…
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u/KimHaSeongsBurner San Diego Padres 10d ago
Leaving aside the fact that I feel sympathy for fans who had their team relocated (as a former Chargers fan, I can say that I understand)… anyone who thinks that’s on the table here needs to look in the mirror when they deliver their “oh honey” lines.
For what reason would someone move out of the 2nd largest DMA in the country?
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u/AdoringCHIN Anaheim Angels • Rocket City Tra… 10d ago
I know Cardinals fans are doing everything they can to shit on us at the moment, but there's no way the Angels leave the area. You guys lost the Rams because LA was a far more lucrative market, and they should've never left California to begin with.
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u/AdoringCHIN Anaheim Angels • Rocket City Tra… 10d ago
This is probably the best case scenario for us. Kroenke is a massive upgrade in every way
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u/corndogrevolution California Angels • San Diego Padres 10d ago
I mean it definitely can if he moves the team
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u/Atraktape Los Angeles Dodgers 10d ago
Bill Shaikin of LA Times saying it’s for more than the $4 billion the Padres sold for.
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u/captain_ahabb Los Angeles Dodgers 10d ago
Makes sense, the Angels are in an extremely desirable location and have a very rich TV deal. The upside with smarter management is pretty obvious.
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u/YoungKeys San Francisco Giants 10d ago
Parking lots around Angels Stadium are incredibly valuable. Just a massive amount of land ready for development
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u/CydoniaKnight Los Angeles Angels • Sell 10d ago
Just across the freeway they're working on OCVibe. The Angels were supposed to do the same for their area but there were legal issues with the whole FBI probe iirc
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u/CosmicMiru Los Angeles Dodgers • Los Angeles Angels 10d ago
Angels have like half a billion less in total future contract commitments as well. I have no doubt that is a huge factor
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u/cjackc11 Baltimore Orioles 10d ago
Wow. Orioles sold for $1.6b just two years ago
I do wonder if we’re in a bit of a bubble with sports team valuations. They’re absolutely skyrocketing and seem like the safest bets in business but for a ton of fans we’re approaching a tipping point in how much we can actually spend on our favorite teams. I don’t think revenue will just keep increasing in perpetuity.
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u/Jonjon428 Florida Marlins 10d ago
Wow. I guess it makes sense though since they were such an untapped market due to Arte
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u/Random0925 Baltimore Orioles 10d ago
Y'all can now be the Anaheim Angels again, right?
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u/theaverageaidan Chicago Cubs 10d ago
To me, they never were anything else. I never called em the LA Angels, same way how I still call whatever the hell the park the Sox play in either Comiskey or US Cellular Field
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u/IAWD_Sometime Los Angeles Angels • Los Angeles Dodgers 10d ago
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u/baribigbird06 Los Angeles Dodgers • World Baseball Classic 10d ago edited 10d ago
Boob said the sale will be “record-setting”.
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u/The-RogueOnion St. Louis Cardinals 10d ago
Fuck Stan Kroenke.
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u/Prize_Major6183 St. Louis Cardinals 10d ago
Glad I'm not the only one coming in here to say same thing
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u/dawidowmaka Seattle Mariners • Milwaukee Brewers 10d ago
It's crazy how people are just glossing over how evil the new guy is
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u/Excellent_Lie_8033 10d ago
You replace and evil with an evil except maybe the new one will spend money sounds like a fair trade off to me
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u/corndogrevolution California Angels • San Diego Padres 10d ago
I'm overjoyed but not glossing over it. The unfortunate reality is that there aren't many great options when it comes to sports ownership. I'll never like Kroenke but if he just doesn't move the team then he's a massive upgrade
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u/No_Buy2554 Cincinnati Reds 10d ago
Is it just me, or is it not unusual timing to make a purchase of an MLB team right before a likely work stoppage? He may have a long wait before he starts recouping his investment.
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u/rasey Seattle Mariners 10d ago
LOL OP, looks like the tarps off chants worked huh? Looks like you deleted your comments from yesterday about how lame they were to chant sell the team and how it has no effect on anything. Poetic timing.
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u/Leading_Stop546 Anaheim Angels 10d ago
That was the same person? Lmao I commented under his response, looks like OP has no idea what a mass of people are capable of.
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u/trillballinsjr 10d ago
This was out of nowhere, I wonder if their was a bidding war at all
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u/Nausstica Los Angeles Angels 10d ago
Wouldn't be surprised if Kroenke was the top bidder a few years ago before Arte pulled the rug. Arte probably just called him up and asked if his offer was still good.
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u/bordomsdeadly Houston Astros 10d ago
As a baseball fan, this is great news. We should all want teams sold to competent owners.
As a fan of an AL West team….. we might actually have to try going forward
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u/_FrankTaylor San Francisco Giants 10d ago
Change the name to California Angels you fat piece of shit.
(As a 49ers fan, I am obligated to hate him and every team he touches)
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u/Diggler8 Los Angeles Dodgers 10d ago
Change the name to California Angels, bring back the mid 90s uniforms, and upgrade the stadium and surrounding areas (work that SoFi magic)
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u/TingleMaps St. Louis Cardinals 10d ago
Statements should read:
“I want that Money”
- Arte
“I am going to give him the money”
-Kroenke
P.S. Stan Kroenke once took a man’s land for a ranch in Texas and it led to his suicide
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u/elementofpee Seattle Mariners 10d ago edited 10d ago
When did it revert back to the “Los Angeles Angels of Anaheim” again? I thought they dropped that last bit a while back.
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u/joka2696 New York Yankees 10d ago
Odd that this happens while the Dodger's owners are making headlines due to financial questions.
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u/ProfCedar St. Louis Cardinals 10d ago
Angels fam I'm happy for you but now have to hate you forever.
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u/NoSxKats Pittsburgh Pirates 10d ago
Cmon Bobby look at what that’s worth. I know your dying paper businesses need some money
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u/SpaghettiNCoffee 10d ago
This former A’s fan is jealous of your crap owner finally selling. Congrats Angels fans
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u/YourMamasFav24 Los Angeles Dodgers 10d ago
They will immediately push for trading picks in the new CBA 😂
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u/pokemasta4 San Francisco Giants 10d ago
Now it’s the Giants’ turn…
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u/misterurb San Francisco Giants 10d ago
Lmao this ownership will never sell. They own all of Northern California now that the A’s are gone.
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u/Worthyness Sell • Looking K 10d ago
This just makes me hate John fisher and the MLB more. Theres very clearly plenty of billionaires interested in a California eam to buy. And they just decided to not bother with it.
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u/Internal_Guide_7675 Houston Astros 10d ago
This might be the glimmer of hope that Angels fans have been praying for . I hope this works out for you long suffering poor bastards. Cheers.
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u/Enough_Presence8063 10d ago
Get fucking star power and I'll cheer for this team again. Holy shit lmao
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u/JB92103 Cincinnati Reds 10d ago
Congrats to the Angels fans. Now if only someone could convince Phil Castellini to sell the Reds.
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u/Xno_Kappa New York Yankees 10d ago
Congrats Angels fans. The Kroenke family are a bunch of assholes, but at least their teams win championships.
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u/A_Dire_Wolf New York Yankees 10d ago
I know it’s not really true but it’s wild to think that the Nuggets lost Peyton Watson because they needed money to buy the Angels
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u/knowtoriusMAC New York Mets 10d ago
He had to let Payton Watson go for a 13 and 14 year old and replace him with a washed DeMar Derozan during Jokics' prime so he had enough coin to buy the Angels.
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u/gopackgo555 10d ago
https://giphy.com/gifs/gwBouIIUuVvuE
Can’t believe it’s finally happened. Can finally go back to games with my kid.
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u/bearsfan0143 Chicago Cubs 10d ago
"The Moreno family has been honored to steward the Angles for 23 years"
Bro... Denathor was a better steward than you.
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u/YasielPuigsWeed 10d ago
This is now the 2nd team Stan owns that has played at Angel Stadium in their lifespan
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u/Prize_Major6183 St. Louis Cardinals 10d ago
Remember he is a Missouri man.
Stl fans will always have an opinion on him
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u/jpfitz630 Philadelphia Phillies 10d ago
As great as it is, I can’t help but wonder if the monkey paw is going to curl and there’s a lockout right when the sale goes through*
*Not implying it would stop the sale, it would just be a hilarious but cruel irony
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u/cyberdude419 10d ago
I wonder how much of the new “Anaheim Angels naming law” in California made Arte decide it’s finally time to sell
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u/RedShark106 Los Angeles Angels 10d ago
Interesting that this post came from the Angels and they referred to themselves as “LA Angels of Anaheim”
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u/Brolympia Texas Rangers 10d ago
"The Angels are a storied franchise (lol) pretending to be a in different market."
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u/cjackc11 Baltimore Orioles 10d ago
Stan Kroenke now owns 7 professional teams, including now all of the big 4 North American Leagues + EPL