What happened: Stan Kroenke and Kroenke Sports & Entertainment are buying the Los Angeles Angels, with MLB approval still required. The expected early-2027 close would add the Angels to a portfolio that includes the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Utah Mammoth and Arsenal.

Why it matters: Kroenke already operates across multiple major leagues, so the Angels would enter an organization built around large-scale sports ownership. The same Angels sale creates a fair expectation that the club's ambitions match the scale of its new ownership group.