06-05-2014, 10:53 AM
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#1
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Some kinda newsbreaker!
Join Date: May 2004
Location: Learning Phaneufs skating style
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LA Kings could be up for sale
http://nypost.com/2014/06/04/la-king...-sale-of-team/
Quote:
Philip Anschutz’s AEG is weighing putting its LA Kings hockey franchise on the block soon after the Stanley Cup Finals, The Post has learned.
“I can assure you there will be a de-coupling of [AEG’s] content from real estate,” one well-placed banker said.
A sports banker said the NHL’s Western Conference champ, which is battling the hometown Rangers for ice hockey supremacy, has been essentially for sale for the past five years for anyone having interest in buying the money-losing team.
Morgan Stanley is readying potential suitors, a third banking source said. The bank declined to comment.
AEG, which owns or operates dozens of arenas, stadiums and convention centers around the world, in addition to the Kings and the LA Galaxy and Houston Dynamo soccer teams, denies it will try to sell the Kings or its sports teams.
“AEG has no interest in auctioning any of its sports teams currently or at any time in the near future,” Ted Fikre, AEG’s chief legal officer, told The Post.
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The Following User Says Thank You to sureLoss For This Useful Post:
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06-05-2014, 10:55 AM
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#2
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Franchise Player
Join Date: Aug 2007
Location: Vancouver
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probably the best time to sell, I don't think the teams value could have been this high, even when they had Gretzky (I was really young then, so maybe).
__________________
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06-05-2014, 10:55 AM
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#3
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#1 Goaltender
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I think they tried to sell them after they won the cup in 2012 but nothing came of it.
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06-05-2014, 11:07 AM
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#4
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Franchise Player
Join Date: Nov 2003
Location: Calgary, AB
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Gotta think that seeing the Clippers just being sold for $2B helps
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The Following User Says Thank You to Tyler For This Useful Post:
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06-05-2014, 11:11 AM
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#5
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Crash and Bang Winger
Join Date: Jul 2010
Location: Calgary Alberta
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Quote:
Originally Posted by Tyler
Gotta think that seeing the Clippers just being sold for $2B helps
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If the Clippers are worth $2B then the Kings gotta be worth half that.
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06-05-2014, 11:12 AM
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#6
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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Quote:
Originally Posted by Tyler
Gotta think that seeing the Clippers just being sold for $2B helps
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I would expect a company like AEG to be prudent in trying to gauge the market value of their assets given the amount of money the Clippers were sold for. If someone wants to pay a billion then this is probably the most opportune time to sell.
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06-05-2014, 11:18 AM
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#7
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Franchise Player
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Quote:
Originally Posted by Cflames_12
If the Clippers are worth $2B then the Kings gotta be worth half that.
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I think they'd be thrilled with a quarter.
__________________
Quote:
Originally Posted by MisterJoji
Johnny eats garbage and isn’t 100% committed.
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06-05-2014, 11:29 AM
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#8
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Franchise Player
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these are the kind of stories you wouldn't want leaked while the cup is still being played for.... Hope it doesn't cause any kind of distraction
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06-05-2014, 11:31 AM
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#9
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Lifetime Suspension
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This story has been around for years, it just seems to bubble up now and then. I highly doubt at this point it's a distraction to anybody.
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06-05-2014, 11:32 AM
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#10
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Franchise Player
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And I don't see how it would be a distraction even if it was true. This isn't Phoenix where no one wants to buy the team and they're bleeding money and acting as an anchor on the league. It's the LA Kings, recent champs at the pinnacle of their support. They'd find a buyer and it would be life as usual.
__________________
Quote:
Originally Posted by MisterJoji
Johnny eats garbage and isn’t 100% committed.
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06-05-2014, 11:33 AM
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#11
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Franchise Player
Join Date: Dec 2003
Location: Sunshine Coast
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Yeah, just sounds like the New York Post is trying to raise crap.
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06-05-2014, 11:40 AM
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#12
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Franchise Player
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I'm sure Sterling would be thrilled to get back into the sports industry in a much more white-based sport...
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The Following User Says Thank You to V For This Useful Post:
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06-05-2014, 11:42 AM
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#13
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Franchise Player
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Quote:
Originally Posted by V
I'm sure Sterling would be thrilled to get back into the sports industry in a much more white-based sport...
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uhh, how's he going to live out his Plantation owner fantasy that way?
__________________
Quote:
Originally Posted by MisterJoji
Johnny eats garbage and isn’t 100% committed.
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06-05-2014, 11:45 AM
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#14
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Franchise Player
Join Date: Jul 2005
Location: SW Ontario
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Quote:
Originally Posted by Vulcan
Yeah, just sounds like the New York Post is trying to raise crap.
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They are one step removed from the Enquirer, I would not trust anything written in that garbage.
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06-05-2014, 11:48 AM
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#15
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Franchise Player
Join Date: Apr 2012
Location: Maryland State House, Annapolis
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The Clippers are likely to sign a local TV deal in the $1.25-1.5 billion range. I'd be surpised if the Kings can even get 20% of that. That's why the Clippers are worth $2 billion. Kings probably get around $500 million.
__________________
"Think I'm gonna be the scapegoat for the whole damn machine? Sheeee......."
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06-05-2014, 12:05 PM
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#18
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Backup Goalie
Join Date: Jul 2013
Location: Southern Alberta
Exp:
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Quote:
Originally Posted by Senator Clay Davis
The Clippers are likely to sign a local TV deal in the $1.25-1.5 billion range. I'd be surpised if the Kings can even get 20% of that. That's why the Clippers are worth $2 billion. Kings probably get around $500 million.
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This is exhibit A of why Americans are crazy. The Clippers have been the laughing stock of Sport for 30 yrs, not the NBA, all of sports, this recent run of success is really just the cherry on top of a massive turd. Add in the fact that the Clippers are the red headed step child to the Lakers in that town and they are worth $2 billion, when the Kings have one of the best marketing departments in the NHL (your welcome Canada!) and have had a quality on ice product for most of the last 20 years and they are worth mayby $500 million?
What puzzles me more is that you look at the crowds at the game and they are completely into game, as rabid as any Canadian crowd. So it seems that if you can get Americans to watch the games they love it but for the most part they would rather watch a dumpster fire like the Clippers
__________________
"You just got your asses whipped by a bunch of gawddamned nerds" - Coach Harris
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06-05-2014, 12:13 PM
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#19
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#1 Goaltender
Join Date: Aug 2011
Location: Not cheering for losses
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You guys all wanna pitch in together?
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06-05-2014, 12:16 PM
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#20
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First Line Centre
Join Date: Jul 2013
Location: I will never cheer for losses
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If they win the cup that will definitely help the value and sellability of the team
__________________
Quote:
Originally Posted by Flash Walken
I am demolishing this bag of mini Mr. Big bars.
Halloween candy is horrifying.
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Quote:
Originally Posted by Anduril
"Putting nets on puck."
- Ferland 2016
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