Who Owns The Los Angeles Kings Hockey Team? Well, It’s Not Me. . . Yet!

Are you a fan of the Los Angeles Kings Hockey Team and have you ever wondered who owns your favorite team? Well, I hate to break it to you–it’s not me!

“Sports owners are like ranchers. You gotta cull the herd now and then.” -Ted Leonsis

The current owner of the Los Angeles Kings is Philip Anschutz, an American billionaire entrepreneur, philanthropist, and sports team owner. He purchased the team in 1995 for $113 million and has been at the helm ever since.

Anschutz brings a wealth of experience as an investor and businessman with interests in real estate, entertainment, oil drilling, transportation, telecommunications, energy production, sports teams ownership among others. According to Forbes’ latest tally of billionaires worldwide from July 2021, he was worth approximately $10. 8 billion dollars.

“You don’t aspire to be mediocre or effective; when investing in something new it’s important that you aspire to greatness.” -Philip Anschutz

So there you have it- one individual stands between us fans and our beloved hockey team! But fortunately for those interested in taking over billionaire status someday (and potentially owning our LA Kings), Mr. Anchultz give some advice: “Find what people need. . . what they want. . . find out how much they’re willing to pay for it-and create a delivery system.”

If this inspires you, dream on my friend.

A Brief History of the Los Angeles Kings

The Los Angeles Kings are a professional ice hockey team based in Los Angeles, California. The franchise was established on June 5, 1967, by Jack Kent Cooke, who also owned the Lakers and the Forum.

During their early years, the Kings were not known for their success on the ice. They only made it to the playoffs once in their first twelve seasons but failed to win a single playoff series until 1982 when they defeated Wayne Gretzky’s Edmonton Oilers.

“The future looks very bright for this organization.”

– Luc Robitaille

In 1998, Anschutz Entertainment Group (AEG) purchased a majority stake in the team from Bruce McNall. AEG acquired full ownership of the team in 2013 after buying out minority owner Ed Roski Jr. ‘s stake.

Under AEG’s ownership, the Kings experienced significant success both on and off the ice. In addition to winning two Stanley Cup championships in 2012 and 2014 under coach Darryl Sutter’s leadership, they also saw an increase in attendance and became one of the most profitable teams in the NHL.

“It’s not how much money you spend; it’s how wisely you spend it.”

– Dean Lombardi

Dean Lombardi joined as general manager during AEG’s tenure. He is widely credited with building a championship-caliber team through his savvy drafting of players like Drew Doughty and Jonathan Quick and shrewd trades that brought key pieces like Jeff Carter and Marian Gaborik to LA.

Today, under new GM Rob Blake and head coach Todd McLellan’s guidance since 2020-21 season began, the Kings are in a rebuilding phase, focused on developing young talent and building towards another championship run.

“The organizational approach is to win; it’s just how we get there.”

– Rob Blake

From Expansion Team to Stanley Cup Champions

The story of the Los Angeles Kings hockey team is a tale of perseverance, determination, and triumph. Started as an expansion team in 1967, the Kings struggled for many years to establish themselves as a competitive force in the National Hockey League (NHL).

But with time, hard work, and some strategic moves by management, everything changed. One such move was when Edward P. Roski Jr. , purchased a majority interest in the franchise back in 1995.

“I saw potential in this team, ” said Roski Jr.”I knew that with the right leadership and resources, we could transform the Kings into true contenders.”

Roski’s vision paid off big-time as he appointed Dean Lombardi as General Manager, who brought on Darryl Sutter as head coach in 2011-12 season. That same season they made it all click when winning their first-ever Stanley Cup Championship.

“We never gave up during any game that year, ” shared Lombardi.”All our players wanted to do was win for each other and their city.”

The Kings had been dubbed “The Never Say Die” team – bringing three epic Game Seven comebacks en route to capturing Lord Stanley’s cup twice (in both 2012, ’14) under Roskis’ stewardship so far.

To top things off for LA Kings, this feat became even more impressive due COVID pandemic break-out postponing league play part way through regular season ending up going directly playoffs instead having normal closeout jockeying — meaning there would be no ‘runway’ or build-up towards its finish line such championship series crowing its winner over weeks among Conference titles won along the way – just straight playoff format without mercy against highest-ranking opponents.

One of the things that made Roski’s approach so effective was his faith in his players. He knew they had what it took to win, even when others doubted them.

“I always believed in this team, ” says Roski Jr. , “And I’m proud of what we’ve accomplished together. From expansion team to Stanley Cup Champions – that’s a legacy worth celebrating.”

The Kings continue to build on their success year after year, making Los Angeles one of the most formidable teams in the NHL today and reigning as champions for years to come!

The Current Owners of the LA Kings

The Los Angeles Kings hockey team is one of the most celebrated and successful franchises in NHL history. As a fan or even someone who’s not familiar with the game, you may have wondered: Who owns this popular team?

In 1988, Bruce McNall gained full ownership of the LA Kings after buying out his partner Jerry Buss. McNall was an avid connoisseur and collector of rare coins whose passion led him to get involved in sports as well. During his tenure as owner, which lasted for over a decade, he transformed the organization by acquiring high-profile players Gretzky, Robitaille, Vachon, Taylor, and Nicholls among others.

As mentioned earlier, McNall’s legacy included bringing Wayne Gretzky – “The Great One” – across from Edmonton Oilers to play for LA in 1988. Wayne helped revive interest in ice hockey in California at that time making it become one of America’s biggest markets. Sadly two legal issues involving fraudulence including check forging lead to Mcnalls downfall forcing him eventually selling controlling interest to its current owners on Feburary 6th 1995.

Today AEG (Anschutz Entertainment Group) owns majority shares equally between Philip Anschutz (Founder), Edward Roski Jr. , Patrick Soon-Shiong. AEG has been responsible for many firsts like hosting multiple Grammy Award shows at Staples Center which they own along with Coachella festival are just some examples alongside managing, investing and developing various arenas around North America.”In really every city where we have invested significantly. . . we’ve always tried to create a new model without exception.” -Patric Soon Shiong

From Kings of the Entertainment Industry to Kings of the Ice

In 2018, the Los Angeles Kings made headlines when they welcomed a new ownership group led by Anschutz Entertainment Group and Galaxy Communications. This $2. 15 billion deal brought together some of the biggest names in sports & entertainment, elevating the brand and fan experience for supporters of ‘Silver and Black’. While both organizations are integral parts of LA’s cultural fabric, their paths have always been different.

” Our success is built on hard work, passion and dedication – that’s what inspires our fans. At every opportunity we strive to innovate, evolve and elevate.” – Tim Leiweke (Chief Executive Officer at AEG)

AEG worldwide owns sporting teams such as LA Galaxy which competes in Major League Soccer (MLS) while having equity stakes with franchises around other leagues including NBA’s Golden State Warriors and Miami Heat. The company operates several iconic venues across America and even Europe like Staples Center where many greats from Kobe Bryant to Pink Floyd have performed or plied their trade as athletes.

“The most important thing about being an owner is not how much money you make but how much fulfillment you get out of doing it right – taking care of the team, its players, coaches and staff.” – Philip Anschutz(Owner:LA Kings)

Meanwhile, the privately held holding company owned by billionaire businessman Philip Anschutz-also has roots deeply entrenched within Hollywood dating back over 100 years. Right now, it owns real estate business with focus on retail centres, cineplexes among others. Yet his love for hockey brings him closer home-this was certainly evident during his involvement in securing NHL expansion franchise that started playing games in Colorado Avalanche, a team he used to own before transferring it into family trust. The decision paid dividends, winning consecutive Stanley Cup championships in 1996 and ’97.

However, owning LA Kings garnered a different set of challenges because the franchise is no stranger to Sports history themselves-too far from when they won their first cup ever. However, it was the willpower thrust upon them by certain individuals which defined their legacy. Players like Marcel Dionne and Wayne Gretzky revolutionised the sport in LA like never before, jumping off billboards onto mainstream consciousness. Their names would eventually be retired, instigator Bob Miller also became synonymous with broadcasting prowess having spent over four decades as part of broadcasting booth.

“We want to inspire young people – boys and girls – all around this city to have hope; that if you work hard enough, dream big enough, care deeply enough about something and are willing to sacrifice for it – anything can happen.” – Todd Goldwater (Chief Operating Officer:LA Kings)

Through its collaboration with AEG, Galaxy Communications has now become key stakeholders in ensuring continued success. Its CEO Adrian Garcia-Marquez once joked how he keeps pictures of his kids holding hockey sticks above their beds at night but behind laughs lies deep conviction stemming from admiration for an industry steeped within tradition, humility abounds. There’s long history behind ice skates used back then, and technology’s involvement, i. e analytics becoming new norm. Not forgetting importance of ticket sales, data management integration through advanced CRM tools, customer service among others.

All parties involved understand responsibility bestowed up on them to continue improving brand identity. L. A Kings represents representation more than just sports team-they symbolise resilience, passion, hard work, equal opportunities. . . everything we associate with American Dream. Together they strive towards reaching greater heights both in & out, ringside!

What Other Sports Teams Do They Own?

The Los Angeles Kings hockey team is owned by the Anschutz Entertainment Group (AEG), a sports and entertainment company based in Los Angeles, California. In addition to the Kings, AEG owns or operates several other sports teams and venues across the United States.

AEG’s portfolio of sports teams includes Major League Soccer’s LA Galaxy, which plays at Dignity Health Sports Park in Carson, California. The company also owns a controlling interest in the Houston Dynamo FC of MLS and their stadium BBVA Stadium as well as Evergrande Taobao F. C. , a football club based in Guangzhou, China.

“The acquisition of ownership in professional sports franchises serves four main. . reasons: it raises brand awareness; provides an experiential marketing platform for our partners; acts as a channel through which we can create cross-promotional opportunities with major consumer brands; and generates returns on invested capital.” – Dan Beckerman

In addition to its sports team holdings, AEG owns and/or manages several entertainment-focused properties including the Coachella Music Festival venue Empire Polo Grounds located in Indio, California. It also holds management contracts over convention centers such as Hawaii Convention Center located in Honolulu among others.

As part of its diversified portfolio beyond sports and music events, AEG has expanded into real estate development where they have looked after building some famous buildings such as L. A Live Chain complex having Microsoft Square and Staples Center both situated in Downtown Los Angeles along with two Marriott story hotels sharing above nearly 1 million square feet commercial office space spread between them.

“It’s amazing that with all this winning I’m doing everyone will forget my horrible divorce settlement —this thing stinks, “– Phil Dunphy aka Ty Burrell ‘Modern Family’

Within the sports industry, AEG is known for its innovative thinking when it comes to fan engagement. Several of their venues (such as Staples Center and Barclays Center) feature high-tech amenities like touchscreen displays that allow fans to order food, purchase tickets or merchandise while watching live events.

It’s clear that AEG has a vested interest in creating exceptional experiences for fans whether they’re attending a hockey game, soccer match, music festival or any other event hosted by one of their properties. With such an extensive portfolio acquisition it also operates independently without taking away focus on each individual effort set out across all business verticals.

The Glitz and Glamour of Being an NHL Team Owner

Behind every successful hockey team lies a charismatic owner who tirelessly works to enhance the quality of its players, coaching staff, and fanbase. One such prominent figure in the realm of professional ice hockey is Philip Anschutz – the majority owner of The Los Angeles Kings Hockey Team.

“I’m passionate about sports; I love watching them and participating in them. But being able to own a team that represents my city, surrounded by other owners, supporting my fellow colleagues… it’s amazing.”

Anschutz has been actively involved with the Kings since purchasing his stake in 1995. Under his ownership, the team became western conference champions twice and bagged their first-ever Stanley Cup Championship win in 2012.

“Every successful organization needs continuous improvements – bringing better talent from across states or countries gives us a new spectrum of experience that can help push your organisation for success on and off the field. ”

To ensure the smooth running of any professional sports franchise like ‘The LA Kings, ’ many strive to identify valuable talents from both homegrown sources as well as outside markets where opportunities exist. In addition to having a keen eye for entrepreneurial ventures, these owners must possess astuteness when dealing with complex financial structures along with developing strategies to increase net revenue generation. It goes without saying that this additional strategic insight extends beyond merely pouring cash into elite resources – yet requires razor-sharp acumen regarding identifying intangible factors essential for organizational growth staying relevant within changing market environments.

“You want people who know what they’re doing but then you also need creative minds… imaginative visionary partners.”

In summary, owning a National Hockey League (NHL) franchise allows one access not only profits but also offers advantages such as exceptional leverage from participating in collective bargaining along with endorsement contracts. However, owning a sports team isn’t for the faint-hearted – it requires unwavering dedication and an innate entrepreneurial skills mindset to navigate risks while simultaneously seizing opportunities.

Private Jets, VIP Suites, and Meeting Celebrities

The Los Angeles Kings hockey team is owned by Philip Anschutz, an American billionaire businessman. He acquired the team in 1995 along with the rights to host events at the Staples Center where they play their home games.

Anschutz’s ownership has brought numerous luxuries to both the team and its fans. The players travel on private jets and stay at five-star hotels while on road trips. They have access to top-notch training facilities and receive unparalleled medical care to keep them in top shape throughout the season. Fans can enjoy watching games from VIP suites that include exclusive amenities such as catering, private restrooms, and personal attendants.

But being a part of the Kings goes beyond just enjoying luxurious perks. It also means being involved in philanthropic efforts aimed at improving local communities. For example, during the COVID-19 pandemic, members of the organization donated meals to healthcare workers and partnered with organizations to provide mental health resources for those struggling during these unprecedented times.

“Winning does not always mean coming out on top, ” said Luc Robitaille, President of Business Operations for the Kings.”It means making a difference in people’s lives.”

Furthermore, owning a sports team like the Kings often comes with opportunities to hobnob with celebrities and other high-profile individuals. Anschutz himself has connections in various industries including music and film production which adds another layer of glamour to being associated with his team.

“There’s something magical about having your name associated with a professional sports franchise, ” said Anschutz during an interview in 2012.

In conclusion, owning the Los Angeles Kings encapsulates an extravagant lifestyle filled with private jets, VIP suites, meeting noteworthy personalities while also fulfilling charitable endeavors within one’s community.

The Responsibilities of Owning an NHL Team

Owning a National Hockey League (NHL) team is one of the most exhilarating experiences, but it also comes with significant responsibilities and challenges. From managing finances to making strategic decisions regarding players and coaching staff, owning an NHL team requires dedication, passion, and knowledge about the game.

One such owner who has managed to navigate these responsibilities successfully is Philip Anschutz, who owns The Los Angeles Kings hockey team along with AEG (Anschutz Entertainment Group). When asked about his approach to achieving success as an owner, he said:

“It’s important for owners to understand what they are good at and where their strengths lie. Surround yourself with smart people who share your vision.”

This quote highlights an essential aspect of owning an NHL team: knowing when to delegate tasks and entrust others with decision-making power. To be successful in this role requires not only financial acumen but also management skills that can handle relationships between coaches, players, and front-office executives.

In addition to ensuring the smooth functioning of their teams’ operations, owners have a broader responsibility towards their sport as well. They must serve as ambassadors for the league while promoting its interests on national stages by fostering partnerships with sponsors and media outlets.

Hockey owners can’t take themselves too seriously; everyone connected with the sport – fans included – like humor.

This statement emphasizes how much being relatable matters in sports entertainment. Having a sense of humor helps connect with fans on another level while creating more engaging content that encourages fan interaction outside game experience. Fans love seeing personality from ownership because it creates confidence in supporting a popular franchise worthy of belief.

All things considered, owning an NHL team demands sound business practices combined with creative energy to steer ongoing innovation. Owners must hold to these high expectations while balancing their passion for the game with the practical realities of running a successful franchise.

Managing the Team’s Finances, Making Decisions on Trades, and Hiring Coaches

The Los Angeles Kings Hockey Team is owned by Philip Anschutz and Ed Roski. Although they ultimately make the decisions regarding team finances, trades, and coaching hires, there are many individuals involved in executing these tasks.

As General Manager of the Los Angeles Kings, I bear a significant responsibility in managing the team’s finances. This involves ensuring that we are adhering to the salary cap rules set forth by the NHL while also allocating resources appropriately within our organization. It is essential to have an astute understanding of player performance metrics as well as maintain good relationships with agents to structure deals so that benefits both parties.

“Good owners don’t necessarily win Stanley Cups right away”

– Luc Robitaille

In terms of decision-making around trades, my job extends beyond simple negotiations. Often it requires evaluating current roster needs against available players on other teams whilst strategizing for long-term goals for our team. Additionally, making lopsided trades could result not only in hurt feelings among your own staff but inevitably lead toward losses – how much worse it would be if losses occur after having given up valuable assets.

Hiring coaches can prove equally tricky. We must look at candidates’ experience levels along with their history dealing with different aspects of hockey paraphernalia (such as locker room drama). Once hired, developing close working relationships with them coupled with providing support when needed helps establish trust leading into improved performances from everyone under their leadership skills. .

“You want someone who brings honesty and integrity; you want somebody who knows more than just Xs and Os because today’s game requires a lot more than that.”

– Dean Lombardi

Ultimately what matters most is remaining adaptable over time considering how the world has evolved – sometimes assessing all your old strategies, customs and systems might need to change at pace comparable with internet time. As an owner of a sports team halfway around the world from my other businesses — it’s awfully difficult not only to keep tabs on things every day but ensure that we’re doing everything necessary when it comes down making financial moves such as signing players or hiring new staff. In summary, managing finances, trades and coaching hires are three critical tasks requiring careful evaluation by everyone involved in them. While Philip Anschutz and Ed Roski may hold ultimate sway over these decisions given position within ownerships structure; general manager occupies just as integral of roles determining team success through analysis-backed decision-making processes and reputation while forming relationships both internally amongst peers/reports alike!

The Future of the LA Kings Under New Ownership

Who owns the Los Angeles Kings Hockey Team has recently changed. The Anschutz Entertainment Group (AEG) announced last August that they sold their ownership stake in the team to a group comprised of four individuals: Dan Beckerman, David Bonderman, Luc Robitaille, and Todd Boehly.

This new ownership group brings with it a fresh perspective and some optimism for what’s to come for the LA Kings. In an interview with Forbes, co-owner Todd Boehly expressed his excitement about taking over as owner and bringing positive changes:

“We’re going through all this thinking about how do we continue to invest into building our championship culture while at same time investing substantially in people so that we can connect better with fans.”

One area where these owners are looking to make significant improvements is by investing in technology. They believe that embracing AI-powered fan engagement tools will play a crucial role in building stronger connections between fans and players. As part of their efforts, they plan to introduce a new mobile app that will allow users to more easily access game highlights, personalize notifications, order concessions ahead of time, among other features.

In addition to technology upgrades, one thing fans can expect from this new ownership group is continued investment in youth development programs. According to CEO Dan Bekcerman,

“If you look at our investment thesis around sports franchises and venues. . . the successful teams have extraordinary direct ties to community grassroots efforts”

Co-owner David Bonderman echoed similar beliefs when he said:

“Building out kids’ facilities—which I think LA has definitely been underinvested historically—is absolutely critical because obviously if you want young talent you have got engage them early on, “

All in all, there seems to be a lot of optimism surrounding the future of the LA Kings under new ownership. With technology upgrades and continued support for youth development programs, this group looks to build upon the team’s past success on the ice while creating stronger connections with their fanbase.

Plans for the Team’s Rebuilding and Potential Future Success

The Los Angeles Kings Hockey team is owned by the Anschutz Entertainment Group, a company that specializes in sports and entertainment. Over the years, they have gone through highs and lows as a team with several changes taking place within their coaching staff and players.

However, with the appointment of Rob Blake as general manager in 2017, things are looking up for the future success of the team. In a recent interview, he stated that his main goal is to rebuild the team while staying competitive at the same time.

“Our focus right now is creating cap space, acquiring young players with potential upside and exploring options through free agency or potential trades, ” said Rob Blake.

This approach seems to be working well so far because in this year’s draft picks alone, there were several promising prospects chosen who could potentially make an impact on the game. They include Quinton Byfield, Helge Grans, Brock Faber amongst others.

In addition to rebuilding through new acquisitions of young talent, Blake also recognizes that building character both on and off the ice is important. That is why they aim to bring people into their organization that not only excel at hockey but also embody leadership characteristics – something which has been lacking in recent seasons.

“We need guys who lead from within themselves rather than always relying on someone else, ” says Blake.

In conclusion, there are signs of promise ahead for The Los Angeles Kings Hockey team thanks to its ownerships’ keen interest in improving performance on all fronts. With Rob Blake leading this initiative towards more consistent success over time, fans may soon see many exciting moments coming from these talented athletes!

Will They Ever Win Another Stanley Cup?

The Los Angeles Kings, founded in 1967 as part of the NHL’s expansion westward, have won two Stanley Cups since their inception. The most recent win in 2014 brought pride and joy to Southern California fans everywhere. However, with several seasons ending without playoff contention, many wonder if they will ever win another.

While some attribute this drought to coaching changes or lack of strong leadership on the ice, others speculate it may be due to ownership. But who owns the LA Kings? Currently, businessman Philip Anschutz is the sole owner.

“It’s amazing what has been accomplished here, ” said Anschutz about his team’s success.”There is no doubt that being a Stanley Cup champion – two-time now – has elevated it even more.”

Anschutz purchased the majority stake in the Kings in 1995 for $113 million and has invested heavily in developing talented players and cultivating a winning culture within the organization. His efforts paid off with championship wins in both 2012 and 2014.

Despite this recent achievement though, the team has struggled to make any significant strides towards another title over the past few years.

“Winning consistently isn’t easy, ” stated former Kings head coach Darryl Sutter.”The league is so competitive these days and everyone wants what we have.”

Sutter led the Kings to their second Stanley Cup victory but was ultimately fired due to poor performance standards not met during subsequent seasons.

But despite losing coaches and failing seasons, there still remains hope among die-hard Kings fans that one day they’ll witness yet another championship parade down Figueroa Street amid throngs of cheering supporters waving silver-and-black flags high overhead. And perhaps when that happens, it will be due to the steady guidance of Anschutz and his unwavering commitment to excellence both on and off the ice.

Frequently Asked Questions