Sep 18, 2012, 9:37 PM EDT
AEG — the entertainment and sports subsidiary of The Anschutz Co., run by Denver billionaire Philip Anschutz — is being put up for sale.
AEG has a stake in the Los Angeles Lakers as well as being the owner of the building they play in, the Staples Center in downtown Los Angeles. AEG also was involved in discussions about a new arena in Sacramento.
AEG is also the owner of the Los Angeles Kings of the NHL, the Los Angeles Galaxy of Major League Soccer and owns or helps operate a host of other venues around the nation. They also are working on a stadium deal near Staples Center to bring an NFL team back to Los Angeles.
Whoever buys AEG would not have a controlling interest in the Lakers — that still belongs to the Buss family — and likely would not want to make changes to a profitable enterprise. But change is always something to watch.
- Hey John Wall/Dion Waiters, Stephen Curry says Warriors have best backcourt. And he’s right. 31
- ProBasketballTalk 2014-15 Preview: Charlotte Hornets 3
- Kobe Bryant plans to play in all 8 preseason games for Lakers 6
- ProBasketballTalk 2014-15 Preview: Miami Heat 8
- Mike Miller points to him being amnestied as start of LeBron James leaving Miami 15
- Kobe Bryant thinks he could physically play beyond contract extension 14
- Trey Burke, in wake of nude-photo scandal: ‘My judgments will be much better’ 11
- Report: Kevin Durant says he wants to play in 2016 Olympics (his free agent summer) 5