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Company that has stake in Lakers, owns Staples Center up for sale

Sep 18, 2012, 9:37 PM EDT

Staples_Center

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.

  1. superseahawk - Sep 18, 2012 at 10:06 PM

    I’m confused by the title.

  2. AlohaMrHand - Sep 18, 2012 at 10:14 PM

    I’ll make him an offer

  3. seanb20124 - Sep 18, 2012 at 10:20 PM

    Who owns Posh Spice?

  4. cosanostra71 - Sep 18, 2012 at 11:28 PM

    definitely interesting. As PFT pointed out, this has potentially major implications in the NFL as well. Hope they can still bring an NFL team around, and hope whoever buys keeps Staples in great shape

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