: News Article:
AEG, including Kings. for sale
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09-19-2012, 12:20 AM
Kings Fan Since 1967
Join Date: Jan 2010
Location: Brea, California
Originally Posted by
Little Bunny Foo Foo
Also in the news: Dole sells for 1.7 billion. Since interest rates are so low, money is cheap right now. They pay 3% interest on something that easily generated double digit profits.
This is a major dick move on AEG's part.
Since they are selling the entire subsidiary as a package deal, the Kings are going to be the ugly duckling in the pond the giant investment firm just bought.
Look at all of those entities that my homeboy Ziggy posted. Who do you think runs thinner profit margins than the Kings?
I'm not concerned. If Bettmann is putting up road blocks for teams that are blood red like Pittsburgh, Phoenix, and Nashville, you think he's going to let a prize jewel like the Kings go? Nope.
As for the larger picture, someone who is dedicated to spend to make the team better, the Kings are already there with a solid foundation of players and cap space. They will contend for years. After that, we'll just have to wait and see what happens.
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