One day after Forbes reported Stan Kroenke intended to build a $2.5 billion stadium to replace Angel Stadium, the reporter corrected his initial report, saying

The Arte Moreno era is over, according to the LA Times. In a blockbuster move that came out of nowhere, Rams owner Stan Kroenke is buying the Angels. Financial

Billionaire Stan Kroenke, who also owns Premier League side Arsenal and NFL team the Los Angeles Rams, added Major League Baseball to his empire with the move.