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Kings Looking At Owner Partnership
by Paul on 07/11/08 at 05:47 AM ET
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from Rich Hammond of the LA Daily News,
The owners of the Kings have talked with several parties, including the ownership group of the Boston Celtics, about buying a minority share of the hockey franchise, the Daily News has learned.
Sources indicated that no deal is imminent and that in any scenario, Anschutz Entertainment Group will not relinquish operating control of the Kings franchise, which it has owned since October 1995.
In a phone interview Thursday, Kings governor and AEG president Tim Leiweke confirmed that he has spoken to the ownership group of the Celtics, led by Wycliffe “Wyc” Grousbeck, about a “partnership.”
Filed in: NHL Teams, Los Angeles Kings | KK Hockey | Permalink
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maybe Craig Leipold will sell the Wild and purchase his third hockey franchise in the last year. Since when can you sell one team for $100 million less than was offered by another bidder (Balsillie), then buy another franchise for way under market value? I know, I know; since the NHL was founded. Ba-dum-dum.
Posted by Percy Weaver from New York on 07/11/08 at 06:03 AM ET