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Orgo-Life the new way to the future Advertising by AdpathwayThe Angels have a new owner.
And he is no stranger to the sports world within Los Angeles, around the country and across the globe.
Billionaire businessman Stan Kroenke set an MLB record by buying the Angels from Arte Moreno for $4 billion on Tuesday. However, the team is just the latest to join his already vast portfolio of sports properties, which stretch from the NFL’s Rams in Los Angeles, to the NBA’s Nuggets and NHL’s Avalanche in Colorado, to Arsenal Football Club of the English Premier League in London.
In his three decades in sports ownership, Kroenke has overseen titles in two Super Bowls, two Stanley Cups, one NBA Finals and one Premier League season.
He will now be trying to bring that championship pedigree to an Angels franchise that has been floundering under Moreno’s ownership for the last decade-plus, having failed to make the playoffs since 2014 or record even a winning record since 2015.
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In the wake of Tuesday’s stunning news, the California Post analyzed the track record Kroenke –– through his Kroenke Sports & Entertainment holding company –– has created with his other high-profile sports teams, as he prepares to embark on his latest, and perhaps most daunting, undertaking in Anaheim.
Rams
Before he was the man who brought the NFL back to Los Angeles, Kroenke was involved in the process of moving the Rams out of the Southland in the first place.
During the Rams’ 1995 relocation from Anaheim (where they were playing at Angel Stadium) to St. Louis, Kroenke –– who originally got his start as a real estate developer –– bought a 30% stake in the NFL franchise.
For the next 15 years, he was a minority owner during the franchise’s stay in his home state –– a stretch that included a Super Bowl championship in 1999 –– before acquiring full ownership in 2010.
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Though Kroenke is a native of nearby Columbia, Missouri, he would become the “most hated man in St. Louis” over the next half-decade, as a stadium dispute eventually led him to move the Rams back to Los Angeles for the 2016 season.
Despite the messy move, the Rams quickly found success after returning to the West Coast.
They made the playoffs for the first time in more than a decade in 2017, then reached their first Super Bowl since 2001 the following season. The team’s best years have come since the opening of SoFi Stadium in 2020, the sprawling venue that Kroenke helped spearhead.
The Rams won the Super Bowl on their home field in 2021, and have been to the playoffs three out of four years since.
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Since returning to LA, the Rams have benefited from organizational continuity. They’ve had the same president (Kevin Demoff) and GM (Les Snead) who made the move from St. Louis. They’ve had Sean McVay as head coach since 2017.
This season, the team is a Super Bowl contender again, led by quarterback Matthew Stafford, marquee offseason acquisition Myles Garrett and the return of franchise icon Aaron Donald from retirement.
According to Forbes, the Rams are now the second-most valuable franchise in the NFL, trailing only the Dallas Cowboys with a $10.5 billion estimated valuation.
Nuggets/Avalanche
As a principal owner, Kroenke’s first sports endeavors came in Colorado, where he bought the Nuggets and Avalanche (as well as the arena they both play in) in 2000.
Kroenke experienced immediate success with the hockey team, which won the Stanley Cup during his first season of ownership in 2000-01. “Unbelievable year,” he quipped in the locker room celebration that season.
Two decades (and 26 combined playoff appearances from the two teams) later, he would experience another unbelievable 12-month stretch in Denver when the Avalanche won another Stanley Cup in 2022 and the Nuggets won their first NBA championship in 2023.
Technically, ownership of both franchises was transferred in 2015 to his wife, Ann Walton Kroenke, an heiress to the Walmart fortune who has been married to Kroenke since 1974 and is herself worth an estimated $14 billion, according to Forbes.
That move was made to appease NFL ownership rules (regarding owners controlling major professional sports teams in markets other than their NFL franchises) stemming from Kroenke’s takeover of the Rams.
Under the umbrella of Kroenke Sports & Entertainment, both clubs (along with the Colorado Rapids of Major League Soccer) are now under the direction of Kroenke’s son, Josh, who is vice-president of the sports holding company.
Both teams also remain title contenders currently, having been built around homegrown superstars Nikola Jokic and Nathan MacKinnon.
Arsenal
Kroenke’s most recent sports triumph came overseas, where Arsenal are the reigning champions of the English Premier League.
Kroenke acquired a controlling interest in the North London soccer team in 2011, and watched the team win England’s domestic FA Cup four times by the end of the decade. However, it wasn’t until last season that the Gunners ended a two-plus-decade-long championship drought in the Premier League, doing so in the same season they reached the UEFA Champions League final for only the second time in club history.
Kroenke’s ownership did come under scrutiny in 2021, after Arsenal became one of six English teams that agreed to join a so-called “Super League” with other top European clubs. Even after plans for that league fell through, and Arsenal withdrew itself amid fan backlash, there were still calls from supporters for Kroenke to sell the team.
Now, however, Arsenal is back on the upswing, looking to defend its Premier League title and make another run in the Champions League. This offseason, Arsenal spent more than $250 million on additions to its squad.













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