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Mike Trout was practically beaming. He dropped the phrase “fresh start” four times in an interview that barely lasted five minutes.
The burden of the Angels’ failures has been disproportionately his to bear. He has insisted that his path to Cooperstown would run through Anaheim and only Anaheim. He has played 16 seasons for an owner that blessed him with half a billion dollars, treated his family like royalty and stranded him in position to conclude a star-spangled career without ever winning a postseason game.
On Tuesday, Trout learned that the Angels would have a new owner: Stan Kroenke. Trout got off the call, looked up Kroenke and has not stopped smiling since.
“What a track record,” Trout said. “Wherever he buys, he wins.”
The Rams. The Colorado Avalanche. The Denver Nuggets. Arsenal.
So what if the Angels have baseball’s longest playoff drought? They now have baseball’s richest owner, with a net worth valued by Forbes at $24 billion.
Kroenke bought a controlling share of the Angels at a valuation of $4 billion, a record for a major league team, with current owner Arte Moreno retaining a small stake, a source with knowledge of the deal not authorized to discuss it publicly told The Times. The sale includes the team-owned television and radio outlets, ABTV and AM 830. The deal is subject to customary closing conditions and MLB approval.
In 2009, ESPN put Moreno on the cover of its magazine, proclaiming the Angels delivered the best value of the then-122 teams in the NFL, NBA, NHL and Major League Baseball. In this decade, the experience had been so devalued by 12 consecutive losing seasons that resale tickets for Tuesday’s game against the mighty New York Yankees were available for $5, amid a season of fans regularly chanting “Sell the Team!”
“He’s aware of the chants,” Angels president Molly Jolly said. “He knows about them. At the end of the day, this is about having the right next owner more than it is about anything else.”
Jolly wouldn’t say whether Kroenke or Moreno initiated the negotiations. She did say the sale was not conducted through a formal bidding process, but proceeded through face-to-face discussions between Kroenke and Moreno.
Stan Kroenke appears to be the perfect guy to resolve the longest-running and most critical order of business in Anaheim: Will the Angels stay in Anaheim, and where will they play?
“He has a traditional sense about him,” Jolly said. “To be able to sit down with another gentleman and have a conversation and talk about baseball and the franchise, that resonates for how he thinks and looks at things, rather than it being a complex conversation.
“I think that’s what was the ‘Why now?’ It was the right person having the right conversation with him.”
