A large conglomerate has agreed to acquire the Los Angeles Angels. The deal is contingent on the transfer of ownership from current owner Moreno and is expected to close by early 2027, subject to approval by MLB and the franchise owners.
Kroenke Sports & Entertainment announced that it had agreed to acquire the Los Angeles Angels. Negotiations are proceeding on the condition that ownership of the franchise is transferred from the current owner.
The acquisition requires approval from MLB and the owners of the respective franchises, and the overall process is expected to proceed cautiously. The deal is expected to close by early 2027.