This article is about the L.A. Kings, which are owned by AEG. Uncie Phil owns the stadium, but he's only funneling percentages of the ancillary revenue to the Kings. And then Leiweke is bitching about how the Kings can't float with the way things are going. Well, they can. Sure AEG will take a hit, but Uncie Phil won't. And AEG will be able to show the books (which they did) to make it look like a loss. Good stuff, of course the L.A. writer doesnt seem to be taking it hook, line and sinker, as he had quotes from a Forbes analyst. Forbes had said that the Kings had a $7 million operating plus (not loss, like the Kings claim). Just a good all around article in seeing how pro teams try and work things. Leiweke: Kings Are on Thin Ice - L.A. Times (rather funny pic of Anschutz as well)
If interested, here is some discussion about this subject... http://www.letsgokings.com/bbs/showthread.php?s=&threadid=22302 I am a Galaxy and King fan after all.... And yes, I have two websites to waste my time at while at work... Mike
That's "the" AP photo of Anschutz. It's been around for quite some time. There really aren't a lot of photos of the man available. With the recent bad publicity, I wouldn't be surprised to see his handlers force him into the limelight a bit, though. He did, you might remember, pose with the Galaxy on the field after MLS Cup. Don't remember him doing that in 1998 with the Fire.
I'm curious. Is a guy like Anschutz enough of a public figure that the press can take a photo of him without his permission and use it?
Re: Re: AEG at work for the L.A. Kings Yes. Of course, if he makes it known that he doesn't want his picture run - and you run it, he can instruct his staff, teams, etc.... not to cooperate with you in the future. There's pros and cons. When SoccerAmerica ran a photo of him earlier this year, it was obvious that they were trying to provoke a reaction. Of course I ran one last December, but I don't think anyone noticed.
please tell me the galaxy fans are thinking that this is a big deal... it's just a smart move by the kings to try and get a better deal with the nhl PA, and the times writer made no mention of what was correct or not, he just laid the information out there it's good business, what the kings are doing... and anschutz is reaping the profits... if the kings were sold, i would imagine that no other owner would make money (playing in anschutz's castle)
I haven't really seen any discussion on any of the galaxy websites about this article. I tend to believe that this is simply some preliminary posturing on the part of NHL owners with eye on the expiring CBA in 2004. Kings management had to plant this kind of article in the Times to counter Forbes' claim that they are making a 7 million profit. That was widely discussed amongst Kings fans. To be honest, most Kings fans would love it if PA sold the team. Many are bitter at what they see as tight purse strings keeping the Kings from finally getting over the hump and being real Cup contenders. (We're almost there.) The average King fan has no interest in soccer, but they see PA dropping tens of millions into a soccer stadium across town while not signing any free agents and in fact losing a few. As a result there is a bitterness directed towards him which is totally foriegn to me considering I , like most of you, consider him a gift from god. Here is another article in the times today that shows the players reaction to yesterdays, http://www.latimes.com/sports/hocke...7506.story?coll=la-headlines-sports-nhl-kings you need a password and login, just time letsgokings for both and you're in. In my opinion, the Kings are losing money for the same reason every sports franchise is, to reduce their owners tax liability and to give some leverage in negotiations with the players unions. That said, I hope hockey gets a cap in 2004 Mike