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With MLB-record $4 billion sale, a brighter day is dawning for the Angels

Who says miracles don’t come to Southern California? Longtime Los Angeles Angels owner Arte Moreno shocked the baseball world on Tuesday, announcing the sale of the majority stake in the franchise to billionaire Stan Kroenke. Kroenke, who is also the owner of the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Colorado Mammoth (of the National Lacrosse League) and Arsenal Football Club, already boasts one of the greatest ownership portfolios in sports. With the purchase of the Angels, Kroenke becomes the sport’s richest owner, passing New York Mets owner Steve Cohen in terms of estimated net worth. Moreno reportedly…

Read more at Yahoo Sports


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