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Report- The Los Angeles Kings May Be Up For Sale

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.

continued

Filed in: NHL Teams, Los Angeles Kings, | KK Hockey | Permalink
 

Comments

blammo's avatar

Donald Sterling?

Posted by blammo from Vancouver, BC on 06/05/14 at 02:15 PM ET

SYF's avatar

Maybe AEG’s putting all of its bets on Vegas.

Posted by SYF from the team that re-signed KFQ and DFC by KFH on 06/05/14 at 02:22 PM ET

RockWestfall711's avatar

Looks like a NYC writer trying to distract and stir it up from the ass beating NYR is about to get.

Posted by RockWestfall711 from Las Vegas on 06/05/14 at 05:10 PM ET

J.J. from Kansas's avatar

“The unsubstantiated rumors printed in the New York Post earlier today about the potential sale of the Los Angeles Kings are false.  So I’m clear, the Los Angeles Kings are not for sale, and there are no plans to sell the franchise today, tomorrow or anytime in the future.  These rumors were started by anonymous sources seeking to create chaos and mischief.  We remain solely focused on one goal, winning the Stanley Cup, and we will not be distracted by such irresponsible reports.”

AEG President and CEO Dan Beckerman, to ProHockeyTalk

Posted by J.J. from Kansas on 06/06/14 at 08:31 AM ET

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

 

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