Thread: Anschutz Considering Selling AEG?!?

Originally Posted by waterboy100

Once again. The Kings\Lakers\Galaxy are not the main drawing point for anyone interested in buying the kings regardless of what ESPN or any other outlet may be saying.

This makes no sense.

AEG has completed it's vision, time to cash in and move on to the next project.

Originally Posted by Thud

The NFL wants a team in LA, the second largest market in the US without a team is a gaping hole that needs to be filled.



What will probably happen is one of the big real estate companies will come in, but up AEG, then start selling off non core assets, including the Kings, it may take a little time, Jerry Bruckheimer could be drooling at that idea.

Not saying the NFL doesn't want to be in LA. Something must be up concerning this particular project and that it may be dead in the water.

Originally Posted by SirJW

This makes no sense.

AEG has completed it's vision, time to cash in and move on to the next project.

How does it make no sense?

Sent from my LTE-less HTC EVO LTE

Originally Posted by Thud

The NFL wants a team in LA, the second largest market in the US without a team is a gaping hole that needs to be filled.

I think it's actually more beneficial for the league to be able to use LA as a bargaining chip when other teams want new stadium deals. Once there's a team here, the league loses that leverage.

Originally Posted by waterboy100

How does it make no sense?

Sent from my LTE-less HTC EVO LTE

The sale has less to do with the teams than the properties and the entire group. It's really nothing about the Kings, it's about the profile of the teams and properties. You can't get much higher. The business model of most private companies is to sell it at a profit. Low interest rates, check. 1% has the cash, check.

Buy Low, sell high.

Originally Posted by SirJW

Not saying the NFL doesn't want to be in LA. Something must be up concerning this particular project and that it may be dead in the water.

Not so sure about that, but with AEG now in play I doubt we will hear a lot about it.

Originally Posted by Vladimir27

I think it's actually more beneficial for the league to be able to use LA as a bargaining chip when other teams want new stadium deals. Once there's a team here, the league loses that leverage.

The NFL could not care less what teams and their stadium deals in other cities do, LA is the second largest media market in the country, the money we are talking about dwarfs every other city except New York and Chicago, if LA getting a team means that (just throwing a name out there) Buffalo doesn't get a new stadium, oh well, tough luck Buffalo.

Back on topic.

I have been doing a little research into Phil Anschutz, what I did not know before is that Phil and Mark Cuban are involved in a number of bushiness together, i'm not saying Mark could buy the whole of AEG, but I can certainly see him being part of the deal.

The one person I know that does have the bank roll to take AEG in one piece wouldn't be interested, AEG is to well run, though I have to think his people in New York are running the numbers to see if breaking up the company can bring a higher net worth than keeping it together.

Originally Posted by SirJW

The sale has less to do with the teams than the properties and the entire group. It's really nothing about the Kings, it's about the profile of the teams and properties. You can't get much higher. The business model of most private companies is to sell it at a profit. Low interest rates, check. 1% has the cash, check.

Buy Low, sell high.

The entire group is comprised of convention centers, arenas, theaters, nightclubs, music and theater promotion companies, and stadiums worldwide. People keep making the mistake that AEG is a los Angeles centric company.

Sent from my LTE-less HTC EVO LTE

Originally Posted by Thud

The NFL wants a team in LA, the second largest market in the US without a team is a gaping hole that needs to be filled.

It's not that gaping of a hole. If the NFL really, really wanted a team in LA there would have been one here by now. The NFL may actually lose income if there's a team in LA due to TV.

Originally Posted by santiclaws

It's not that gaping of a hole. If the NFL really, really wanted a team in LA there would have been one here by now. The NFL may actually lose income if there's a team in LA due to TV.

I bet you there will be a NFL team in LA next season.