Owner says AEG no longer for sale

DAVID MAIALETTI / STAFF PHOTOGRAPHER Philadelphia Phillies pitching coach Rich Dubee waits by the dugout before a spring training game Wednesday in Tampa, Fla. He's in the right spot - the Philly area could see snow this weekend.
DAVID MAIALETTI / STAFF PHOTOGRAPHER Philadelphia Phillies pitching coach Rich Dubee waits by the dugout before a spring training game Wednesday in Tampa, Fla. He's in the right spot - the Philly area could see snow this weekend.
Posted: March 15, 2013

AEG, THE COMPANY that owns the NHL's Los Angeles Kings and the Staples Center, is no longer for sale, billionaire owner Philip Anschutz said Thursday.

The announcement came amid efforts by the company to build a downtown stadium to lure an NFL team back to Los Angeles.

Anschutz said in a statement that he had made it clear that he wouldn't sell the AEG sports and entertainment company unless the right buyer came forward.

"They wanted more than what people were willing to pay," said Paul Swangard, managing director of the Warsaw Sports Marketing Center at University of Oregon. There are "differences of opinion about how valuable AEG is."

It wasn't clear how far along the company had been in the planned sale or how the move might affect AEG's plans to build the proposed 72,000-seat Farmer's Field football stadium.

Anschutz said he will resume a more active role in AEG. Tim Leiweke, who has served as president and CEO and been the face of the company for more than 15 years, is leaving, Anschutz said.

The sale of the sports and entertainment company had been expected to fetch billions of dollars.

Anschutz told the Los Angeles Times he remains interested in reaching a deal to bring the NFL back to Los Angeles and was "optimistic" that would happen.

"We're not going to make the NFL happen by ourselves," the 72-year-old chairman said. "The NFL is a player here. They have to decide what they want to do."

Golf * 

PGA Tour rookie Shawn Stefani shot a 6-under 65 for a two-shot lead after the first round of the Tampa Bay Championship.

Ai Miyazato took the LPGA Founders Cup lead, playing a late four-hole stretch in 5 under for a tournament-record 9-under 63 in Phoenix.

Colleges * 

Alabama athletic director Mal Moore remains hospitalized at Duke University Medical Center. Moore, 73, was hospitalized in Birmingham with pulmonary problems and transferred to Durham, N.C., for more tests.

* Former Notre Dame and Chicago Bears defensive lineman Chris Zorich pleaded guilty to federal tax charges. Zorich, 43, faced four misdemeanor counts of not filing federal income tax returns from 2006 to 2009. Over that time, he allegedly made more than $1 million. Zorich must pay $71,000 in back taxes. He is to be sentenced July 12.

Philly File * 

Penn junior Alyssa Baron was a unanimous All-Ivy basketball selection, while freshman Keiera Ray earned honorable mention.

Sport Stops * 

Olympic champion Kim Yu-na, of South Korea, won the short program at the World Figure Skating Championships in Ontario.

Denny Hamlin and NASCAR settled their censorship flap when he announced he would not appeal the $25,000 fine levied against him for criticizing the new Gen-6 car.

Aksel Lund Svindal conceded the overall World Cup title to Marcel Hirscher after both his favored speed events, the downhill and super-G, were canceled by bad weather at the finals in Switzerland.

* Former WNBA star Chamique Holdsclaw pleaded not guilty to charges stemming from a shooting in November in Atlanta.

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