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Kroenke Takes Control of MLB's Angels at Record $4 Billion Value.

Bibliographic Details
Title: Kroenke Takes Control of MLB's Angels at Record $4 Billion Value.
Authors: Williams, Randall (AUTHOR)
Source: Bloomberg.com. 9/2/2026, pN.PAG-N.PAG. 1p.
Subject Terms: *Sports franchises, *Media rights, Baseball teams
Company/Entity: Los Angeles Angels of Anaheim (Baseball team)
Abstract: The article focuses on billionaire Stan Kroenke's acquisition of a controlling stake in Major League Baseball's Los Angeles Angels through his company Kroenke Sports & Entertainment, at a record valuation of approximately $4 billion. This purchase surpasses the recent $3.9 billion valuation of the San Diego Padres and reflects rising valuations in professional sports driven by increasing media rights values. Kroenke, whose sports portfolio includes the NFL's Los Angeles Rams and Arsenal FC of the Premier League, takes over from the Moreno family, who had owned the Angels for 23 years. Despite the team's recent poor performance and lack of playoff appearances, the Morenos expressed confidence in Kroenke's experience as the franchise's new owner. [Extracted from the article]
Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Business Source Index
FullText Text:
  Availability: 0
Header DbId: bsx
DbLabel: Business Source Index
An: 196696207
RelevancyScore: 1430
AccessLevel: 6
PubType: Periodical
PubTypeId: serialPeriodical
PreciseRelevancyScore: 1430
IllustrationInfo
Items – Name: Title
  Label: Title
  Group: Ti
  Data: Kroenke Takes Control of MLB's Angels at Record $4 Billion Value.
– Name: Author
  Label: Authors
  Group: Au
  Data: <searchLink fieldCode="AR" term="%22Williams%2C+Randall%22">Williams, Randall</searchLink> (AUTHOR)
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  Data: <searchLink fieldCode="JN" term="%22Bloomberg%2Ecom%22">Bloomberg.com</searchLink>. 9/2/2026, pN.PAG-N.PAG. 1p.
– Name: Subject
  Label: Subject Terms
  Group: Su
  Data: *<searchLink fieldCode="DE" term="%22Sports+franchises%22">Sports franchises</searchLink><br />*<searchLink fieldCode="DE" term="%22Media+rights%22">Media rights</searchLink><br /><searchLink fieldCode="DE" term="%22Baseball+teams%22">Baseball teams</searchLink>
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  Label: Company/Entity
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  Data: <searchLink fieldCode="DE" term="%22Los+Angeles+Angels+of+Anaheim+%28Baseball+team%29%22">Los Angeles Angels of Anaheim (Baseball team)</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: The article focuses on billionaire Stan Kroenke's acquisition of a controlling stake in Major League Baseball's Los Angeles Angels through his company Kroenke Sports & Entertainment, at a record valuation of approximately $4 billion. This purchase surpasses the recent $3.9 billion valuation of the San Diego Padres and reflects rising valuations in professional sports driven by increasing media rights values. Kroenke, whose sports portfolio includes the NFL's Los Angeles Rams and Arsenal FC of the Premier League, takes over from the Moreno family, who had owned the Angels for 23 years. Despite the team's recent poor performance and lack of playoff appearances, the Morenos expressed confidence in Kroenke's experience as the franchise's new owner. [Extracted from the article]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsx&AN=196696207
RecordInfo BibRecord:
  BibEntity:
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 1
        StartPage: N.PAG
    Subjects:
      – SubjectFull: Sports franchises
        Type: general
      – SubjectFull: Media rights
        Type: general
      – SubjectFull: Baseball teams
        Type: general
      – SubjectFull: Los Angeles Angels of Anaheim (Baseball team)
        Type: general
    Titles:
      – TitleFull: Kroenke Takes Control of MLB's Angels at Record $4 Billion Value.
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          Name:
            NameFull: Williams, Randall
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            – D: 02
              M: 09
              Text: 9/2/2026
              Type: published
              Y: 2026
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            – TitleFull: Bloomberg.com
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