AEG

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

4 Comments

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 [more]

In depth: Stern fires shot across the bow at the Maloofs, who continue to threaten the NBA’s billion dollar arena subsidy

15 Comments

A meticulous planner, everything David Stern says is run through a filter of lawyerly instinct and an ever-present awareness of his surroundings. So when David Aldridge asked him if the NBA would support the Maloofs in their desire to move the Sacramento Kings to Anaheim on Tuesday – don’t think for a second that he [more]

Kevin Johnson to Maloofs: There will be no negotiations during critical Friday meeting

7 Comments

I wrote on Thursday about the recent developments in the Sacramento Kings arena situation, and namely the Maloofs’ recent actions that amount to a legal full court press designed to land the franchise in Anaheim. The quick and dirty to catch you up is this – the Maloofs, Sacramento, AEG, and the NBA came to [more]

Report: Maloofs pitching against Sacramento at NBA Board of Governors meeting

13 Comments

Here we go all over again. It was around this time last year that the Maloofs stormed angrily out of the NBA’s Board of Governor’s meetings, rejected and dejected after they were told they couldn’t go to Disneyland. Today, they returned to New York to pitch the idea that they were somehow wronged during the [more]

There they stay: Framework in place to keep Kings in Sacramento

2 Comments

Much regarding the basketball future of the Sacramento Kings remains up in the air, but this particular Monday brought an unequaled security to the franchise, its city, and the Kings’ legions of ardent fans. According to Sam Amick of SI.com, the Monday meeting held to discuss arena funding plans in Sacramento has produced the “framework [more]