Showing posts with label AEG. Show all posts
Showing posts with label AEG. Show all posts

Tuesday, November 25, 2014

Is The NHL Heading To Vegas...? It May Be Being Shot As We Write...

((HT: VegasChatter))

This isn't the first time that the HQ has floated this story, but the idea is that the WorldWideLeader is already looking at the story and may be shooting a "30 for 30" with the Maloof Brothers.

Without an arena and a team...

But...

Vegas Chatter is saying that the "Birth of a Franchise" story is already being shot with the development of the new AEG arena front and center. The arena, set for opening in spring of 2016, would be the apparent home for a new sports franchise- when its completed.

Two weeks ago, NHL Number Two Bill Daly was asked about Vegas by the Minneapolis Star-Tribune:

Las Vegas is intriguing, Daly admits. In fact, out of curiosity, Daly queried a bunch of service industry folks — bartenders, waiters, drink servers, dealers, pit bosses — last weekend about whether they felt a professional sports team could thrive there.

“I got a variety of different responses,” Daly said. “The demographics of the market are pretty good in terms of average annual income. Las Vegas natives earn good salaries, good livings. I think they genuinely like sports. It’s a nighttime city, so it would have to be uniquely scheduled in terms of focusing maybe on industry nights as opposed to your typical Thursday-Saturday nights where everybody would be working.


NESN's "The Instigators" think Seattle and Quebec City are better ideas...

Sunday, November 24, 2013

Bon Jovi To Bills: I'll Be There For You (?)

((HT: CBS Sports/LaCanfora))

So, Jon Bon Jovi, eh...???

Well, the HQ knows his relationship with owning football things- it goes back to the Philadelphia Soul arena franchise... Here's the Soul catching their 2008 indoor title...
((HT: ESPN on ABC))


No secret that Bon Jovi would be going head-to-head with Rogers Communications for the Bills (since the team already plays in SkyDome), but LaCanfora asserts that Tim Leiweke and AEG could be working with the rocker for the chase...

Here was Jason LaCanfora's appearance on "The Other Pregame Show" and talked about the idea of Toronto and the city continuing its relationship with the Buffalo Bills...
I guess there's only one more thing to say...

Saturday, September 29, 2012

LA Approves New Stadium Deal

((HT: KABC-TV))

Surprising no one, really, the Los Angeles City Council approved the US$1.2-billion deal to build the downtown football stadium as part of the LA Live Project.

It came a little less than a week after AEG decided that they were up for sale- which caused the normal amount of concern around the planet about all the arenas and stadia that they run at present.

But AEG maintains that nothing will change. And in LA, specifically, they say that since they have already invested $50-million there is no turning back.

Here's Carlos Granda et al.


There has been no pro football in Los Angeles since 1994, but the real ideas are:

1) Who would end up moving from "wherever" to LA to play there these days...? And,

2) The Shield gets ratings for the league double-headers in the Number Two market in the country every week. it would be interesting to see the ratings comparisons from one situation to the other (having a team versus not) to see how the league sells their ad space using the idea as a leverage point...

And would it be worth it financially to leave the city alone...???

Monday, September 24, 2012

And In Other Stadium News, It's LA's Turn...

((HT: NBCLosAngeles.com))

First things first... Anschutz Entertainment Group CEO Tim Leiweke apologized for all of the hullabaloo involving the announcement selling AEG to anyone who wants to pick up all of their assets.

Then, the committee before the LA City Council decided to okay the agreements involving the idea that could be Farmers Field if they figure out if it can be built. Leiweke also says that AEG would be committed to a Farmers Field deal, even if AEG is sold. Leiweke also told the committee that he and his management team have committed long-term to working at AEG, according to the Los Angeles Times and KCBS-TV...

Now, the full City Council gets to vote on the idea by the end of the week...

Toni Guinyard gets to stand outside a courthouse-looking building to talk about it...


View more videos at: http://nbclosangeles.com.

Friday, August 31, 2012

Group Springs up to Protest L.A stadium plan

((ht: kabc.com))

You knew this was inevitable. And to be perfectly honest, they aren't wrong for raising the question.

An activist group called "Play Fair at Farmer's Field" coalition has announced their intention to file a lawsuit against the state of California. Their beef: The state rubber stamped the plan and process which limits the time frame anybody can file suit challenging the project.

Oh...the group hasn't actually FILED the suit yet.

Senate Bill 292 says that any group who wants to file suit, has to go straight to the 2nd District Court of Appeals, not the city of Los Angeles.

Hmmmm....

ABC 7 in Los Angeles tries to explain RIGHT HERE

While it is certainly with the law for the state to do what they did, it just kind of looks bad. The impression is the rules are different for a gazillionaire such as Philip Anschutz if he's willing to spend half a gazillion to build a stadium and try to get an NFL team to play there.

Notice the keyword "Try"...

And while AEG is financing the majority of the project, it still comes at a price to taxpayers. One that some aren't totally enamored with.

But that is how it works with big boy sports. If you live in a city with an "Older" stadium or a city trying to "Draw" a team, you will be on the hook for a chunk of it. And remember these deals are being made by people who have enough money to pay for it themselves. But remember the old addage "Why spend my money if I can spend yours?" Well, that is how it works with Pro Sports and with Politicians these days.

Just something to remember this by.

Here's the TV story from KABC-TV:



Friday, June 29, 2012

NFL Lays Down the Law for Potential L.A moves

((ht: latimes))
Proposed AEG Facility

So...the talk about some random team in the NFL just walking in one day and saying "The heck with it, we're leaving and going to Los Angeles, yeah, that ain't happening so fast.

The Jolly Roger (NFL Commish Roger Goodell) has laid down the law when it comes to potential franchise relocation.

And while the Jolly one didn't make it impossible to happen, he did lay out some specific guidelines that any potential team (Jax, San Diego, Minnesota, St. Louis or Oakland) looking to move to Los Angeles will have to get his papal seal of approval.

What does that mean?

According to a memo unearthed by Sam Farmer of the LA Times, the biggie is the "League" not the team will decide whether the move will happen.

Other biggies include: Negotiating a deal with an alternate site until a stadium can be put in place, apply in the first 45 days of 2013 an application to move, evaluate and work with the league to explore opportunities to stay where you are and show a stadium plan for LA that works for the league.

Really?

Read the whole story from the LA Times RIGHT HERE

This is interesting. Particularly if you live in any of the cities listed above. It doesn't rule out the potential for moving, but it also makes it much more difficult to use as a bargaining chip.

It still smacks of potential extortion however. You might ask "Why?" Simply put, it still puts a gun to a city currently hosting a team to give said team what they want or lose them. In any other part of life or business, you could argue that it is a form of blackmail (our opinion).

And spare me the whole "Well the team brings in money to the city in the form of tourists and visitors" line. Just stop using that.

While we get that people travel to town for things like Green Bay Packers games and stay the weekend and hotels and eat at restaurants, that is the exception rather than the rule. The vast majority of people at a given game live within 100 miles of the place.

Really, they do.

Back to the LA Story.

Yes, it opens up the opportunity for groups such as AEG and the "City of Opportunity" group...to an extent.

It sounds an awful lot like they are going to have to actually build their stadium without a team to initially fill it. Or at least not start until they have a tenant. Which according to this law/rule means: You'll get a team, but only if WE say you'll get a team.

Tuesday, May 8, 2012

AEG shows off what proposed stadium would look like

((ht: latimes.com))

It sure does look purty, doesn't it?

AEG, one of two groups proposing to build a stadium to try and lure NFL Football back to Los Angeles finally revealed what their $1 billion vision would look like.

Farmers Field (AEG owns Farmers Insurance), would cozy up with a new and improved LA Convention center and allegedly give the city a centerpiece to lure big conventions and other sporting events to town.

Though if you watch the video, we aren't sure exactly how the NHL Winter Classic would fit into this.

Just sayin.

Anyway, take a look at the video, it sure is interesting...and well animated. And before you get excited, keep in mind...LA still doesn't have a team (Vikings issues non-withstanding). And AEG honcho Philip Anschutz has said he wants a part of any team that would play in "His" stadium.

So...if you live in LA..then look in awe...if you live anywhere else, watch...and raise an eyebrow.



Friday, March 30, 2012

Report: LA Football stadium losing steam

((ht: yahoo.com))
Proposed stadium complex

Well...it was a nice thought, albeit somewhat pie-in-the-sky.

According to a report produced by Yahoo Sports reporter Jason Cole, the chances of an NFL stadium being built in downtown Los Angeles are shrinking by the day.

Cole reports that the sticking point in negotiations are primarily AEG's Phil Anschutz's requirement that he be allowed to purchase a minority stake in any team that would relocate to LA. Oh, that stake would come at a pre-set discount too. Anschutz also wants a rental agreement on the stadium.

The NFL...well, they aren't so enamored with that idea, but Anschutz is sticking to that plan.

The full report from Yahoo.com RIGHT HERE

While we see Anschutz's point in asking for something in return for fronting $1 billion for the stadium, we still think the whole idea is a bad one. Sure, we understand the NFL desperately wants to return to LA, but we just don't see that happening.

For those of you who say "Plenty of teams will relocate", we say Bull*%#!. Every team that is thinking about it will use Los Angeles as a negotiating tactic to get what they want. It already will be getting the Vikings a new stadium. The Jaguars, while they "Could" leave, we don't believe the new ownership will do that any time in the near future. Sure, we know they have attendance issues, but knowing the Jacksonville market as we do, its a statement on the economy and the incredibly bizarre and poor personnel decisions by management.

Oh...we might add this story from today's LA Times:

There are rumblings in LA LA land that the Magic Johnson consortium that just bought the Dodgers have contemplated putting a football stadium next to Dodger stadium. And while that might be a more plausible idea than the AEG plan, we wonder if they have the capital after dishing out $2 billion for the baseball team.

Read the LA Times story RIGHT HERE

We really, REALLY, think the NFL is trying to force a square peg in a round hole here. Sure, a team in LA will give them potentially a ton more eyeballs and better access to the nations 2nd largest city. But really, is hurting them by not being there?

Its not like the NFL isn't the most popular Sports league in all the land. And it isn't like they are hurting for revenue or are being held back in their TV deal by not being in the City of Angels.

No, we say forcing a team to move to LA would alienate a good part of their audience. And we don't think they are quite ready to jump into the expansion game....yet.

This is only fitting: