Stan Kroenke Buys Los Angeles Angels in $4 Billion Deal Stan Kroenke has acquired the Los Angeles Angels for a reported $4 billion, marking a significant shift in the team's ownership.
This acquisition raises questions about the future direction of the franchise and its presence in the Los Angeles market.
Understanding the Business Deal The purchase price represents a substantial investment for Kroenke, whose net worth is estimated to be around $15 billion.