Ashie mentioned this in the non-baseball forum but I'll double up on it here since it involves MLB:
Stan Kroenke (Kroenke Sports and Entertainment - 'KSE') reached an agreement to purchase controlling interest in the LA Angels, thus ending the mostly unsuccessful reign of current owner Arte Moreno. After winning the WS in 2002 and then reaching post-season five times in the 2004 - 2009 stretch, the Angels have only once reached the playoffs (swept 3 - 0 in the first round of 2014) and are already assured (they're 53 - 85) of 2026 being their eleventh straight losing season. The sale is of course pending all the legal hurdles and approval from MLB but is expected to be finalized by early 2027.
KSE/Kroenke is, most notably, the owner of the LA Rams, but also has interest in the NBA's Denver Nuggets, NHL's Colorado Avalanche, MLS's Colorado Rapids, and Arsenal in the English Premier (soccer) League.