“They are looking at core markets and are buying venues,” said a source familiar with the company.ĪEG also owns some minor league teams and European sports franchises. It could use proceeds to keep buying and building more arenas. “ trying to ride the Clippers coattails,” a source said.

The Kings are said to be worth about $550 million. Forbes had valued the team at $575 million just months earlier to that purchase. They have seen their value spike after former Microsoft boss Steve Ballmer agreed to pay $2 billion for the LA Clippers. Selling just the sports franchises would smack of good timing. “AEG has no interest in auctioning any of its sports teams currently or at any time in the near future,” Ted Fikre, AEG’s chief legal officer, told The Post.īillionaire Anschutz, 74, ran an auction in 2012 to sell all of AEG for $10 billion, but suspended it after he could not find a buyer willing to come close to the asking price. The bank declined to comment.ĪEG, which owns or operates dozens of arenas, stadiums and convention centers around the world, in addition to the Kings and the LA Galaxy and Houston Dynamo soccer teams, denies it will try to sell the Kings or its sports teams. Morgan Stanley is readying potential suitors, a third banking source said.

“I can assure you there will be a de-coupling of content from real estate,” one well-placed banker said.Ī 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. 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.

NHL fan has nose bloodied, broken by shot before season opener Teams combine for 17 goals in absolutely wild NHL OT gameīet on poor goaltending in Rangers vs. Devils make road history in dominant win over Kings

Nhl 04 pc for sale