from Josh Kosman of the New York Post,
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.
Create an Account
In order to leave a comment, please create an account.