A major transaction is expected to close in early 2027. This deal involves the sale of a baseball team. The team's current owner will be transferring controlling ownership to a company led by Stan Kroenke.

This company has a large portfolio of teams across various sports. It owns teams in the NFL, Premier League, NBA, NHL, and Major League Soccer. Further details about the sale are available, including the teams and properties owned by the purchasing company.

Major League Baseball must approve the transaction, but has not commented on the news yet.