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05-30-2012, 12:06 PM
Ziggy Stardust
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Kings For Sale? Major Announcement Coming?

From the Business of Hockey forums.
Philip Anschutz-controlled AEG Corporation, which owns the Kings and the Kings' Staples Center arena home, and its CEO Tim Leiweke, have started marketing the team by directly calling suitors, a source said.

A few years ago, the Kings first put themselves up for sale seeking more than $200 million, but now likely will accept less, the source said.

Anschutz bought the Kings in 1995 for $113 million.

Leiweke said, "We are getting approached by a few people now due to our success, the Dodgers value and the roll LA Live [entertainment and food] is on."

While offers have come in, Leiweke denied he was peddling the franchise. "Nothing to it [sale rumors]," he said.

An NHL spokesperson called the report of a Kings sale "categorically untrue."

The Kings are expected to make "a major announcement" next week, according to a person familiar with the team, but the subject could not be learned.
Years ago, there was speculation that the owners of the Celtics would buy a piece of the Kings. Wondering what this "major announcement" could be. I would love it if they announced a "Winter Classic" game at Dodger Stadium or at Farmers Field whenever it opens, but that is highly unlikely.

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