Arte Moreno Sells Angels for $4B | Los Angeles Angels News
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After 23 years, Arte Moreno is offloading the Los Angeles Angels for a record $4 billion to Stan Kroenke — the man behind the Rams and other major sports franchises. The deal, pending MLB approval, marks the end of an era defined by early promise, wild missteps, and fan disillusionment. Moreno’s tenure began with World Series glory and Latino fan growth, but spiraled into controversy — from renaming the team to legal battles, the mayor’s scandals, and letting superstar Shohei Ohtani walk away for nothing. Desperate promotions like fireworks, bobbleheads, and even a “yard sale” couldn’t revive interest as longtime fans drifted away. Now, Kroenke inherits a franchise in need of redemption — can he restore the magic and bring back the roar?
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