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September 18, 2012
Sports Giant, Part Owner of Lakers, Weighs Sale
The Wall Street Journal
by Ethan Smith and Anupreeta Das
The Barclays Center's operational consultant may be for sale, before the arena even begins operations.
Anschutz Co. is considering a sale of Anschutz Entertainment Group, its powerhouse sports-and-entertainment subsidiary whose properties include a piece of the Los Angeles Lakers as well as sports teams, stadiums and music festivals around the world, according to people familiar with the matter.
A sale could be worth several billion dollars, these people said, but added that the deliberations remain early, and closely held Anschutz may not ultimately pursue a transaction.
Aside from its stake in the Lakers, AEG's sprawling empire includes the Barclays Center in New York, the Los Angeles Kings hockey team, the Coachella music festival, and the L.A. Galaxy professional soccer team, for which David Beckham plays.
Background (published October 17, 2011)...
SportsBusiness Daily, Brooklyn Sports signs AEG Facilities to help operate Barclays Center
Brooklyn Sports & Entertainment has signed a multiyear deal with AEG Facilities to provide operational support at Barclays Center, the New Jersey Nets’ arena under construction in Brooklyn.
The agreement falls in line with Brooklyn Sports’ strategy to find the best resources to operate New York’s first new arena in 43 years.
...AEG has appointed Steve Rosebrook as vice president of operations and David Anderson as vice president of event and guest services. Both facility managers come from AEG properties and have experience operating NBA facilities. They report to John Sparks, Barclays Center’s general manager and an employee of Brooklyn Sports, the Nets’ arena management firm.
NoLandGrab: Whoops, no they don't. Sparks is already long gone.
Posted by eric at September 18, 2012 9:24 PM