Mar 14, 2013, 1:50 PM EDT
Big news in the sports business world today, as Anschutz Entertainment Group — the parent company of the Los Angeles Kings (and a whole lot more) — has been taken off the market by its 73-year-old chairman and controlling owner, Phil Anschutz.
Furthermore, Tim Leiweke (pictured), AEG’s president and CEO, will leave the company.
“From the very beginning of the sales process, we have made it clear to our employees and partners throughout the world that unless the right buyer came forward with a transaction on acceptable terms we would not sell the company,” Anschutz said in a statement.
How this news affects the Kings, if at all, remains to be seen. As the LA Times’ Helene Elliott notes, Leiweke was a “genuine” fan of the team. Obviously, having a fan in charge only helps when management asks ownership for money.
Dan Beckerman, Leiweke’s replacement as prez and CEO of AEG, has strong Kings ties. don’t know how much that will count going forward
— Helene Elliott (@helenenothelen) March 14, 2013
Aug 20, 2014, 11:00 PM EDT
And it was all The Great One’s idea.
Aug 20, 2014, 10:00 PM EDT
He can be an unrestricted free agent next summer.
Aug 20, 2014, 9:02 PM EDT
Recovery from offseason wrist surgery put things in doubt.
Aug 20, 2014, 7:55 PM EDT
He missed most of last season with a torn ACL.
Aug 20, 2014, 6:45 PM EDT
Giroux and Voracek will need someone new to run with them.
Aug 20, 2014, 5:46 PM EDT
Patrick Marleau can coach him through it.
Aug 20, 2014, 3:59 PM EDT
It’s not as good to be the worst anymore.
Aug 20, 2014, 2:54 PM EDT
No real surprise here.
Aug 20, 2014, 1:55 PM EDT
How will he handle the weight of expectation?
Aug 20, 2014, 1:28 PM EDT
Another dramatic development.
Aug 20, 2014, 12:23 PM EDT
“I’m confident in myself and confident I can get back to where I used to be.”
Aug 20, 2014, 11:18 AM EDT
He’ll be reunited with former Boston College teammate Chris Kreider in New York.
Aug 20, 2014, 11:05 AM EDT
The college star could push to make Philly’s blue line right away.
Aug 20, 2014, 10:01 AM EDT
And assigned to a U.S. District Judge in Minnesota.
Aug 20, 2014, 9:00 AM EDT
It’s OK Alex, Claude Noel is gone now.
Aug 20, 2014, 8:00 AM EDT
They hope to improve on their first round loss to the Rangers.
Aug 19, 2014, 11:00 PM EDT
It’s been a good summer in Dallas.
Aug 19, 2014, 10:00 PM EDT
Yeah, we don’t get it either.
Aug 19, 2014, 8:45 PM EDT
He’s not going out of his way for it, however.
Aug 19, 2014, 7:30 PM EDT
You earn a lot of votes winning a Stanley Cup.
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