Forbes on what happened between Anschutz and Leiweke

anschutz-at-kings-blues-noahgraham.jpgMike Ozanian, a Forbes staff writer on the business of sports, writes that the real reason billionaire Philip Anschutz terminated the sale of AEG — and parted ways with longtime LA honcho Tim Leiweke — involved a dispute between the men over how that sale was proceeding. Ozanian's backup for his report is unnamed sources "very close to the situation."

Here is what I have been hearing from people very close to the situation who would only speak off the record: Anschutz got wind that Leiweke was trying to influence the choice of a buyer for AEG. Anschutz became infuriated and fired him and ended the sale. Makes sense. Why wouldn’t Leiweke want to have a say in who bought AEG given he was hoping to stay on? Trouble is Anschutz asked Leiweke to make sales presentations, not try to determine the winner.

Leiweke has a terrific reputation. But he may have been too aggressive for Anschutz. Calls I made to AEG and Leiweke over the past couple of days were not returned.

More by Kevin Roderick:
Morning Buzz: Tuesday 3.26.13
Magic Johnson on what's wrong with the Lakers (video)
Forbes on what happened between Anschutz and Leiweke
Oscars move to March for 2014, MTV video awards go to Brooklyn
Bill Clinton endorses Greuel for mayor
Recent Downtown stories on LA Observed:
Want clarity on the NFL's return to LA? Lots of luck
Leiweke on Anschutz: Not much of a football guy
Getting back to reality on Convention Center
Shocker! Anschutz meets the press (relax, he didn't say much)
Breaking: Anschutz terminates AEG sale, Leiweke leaves

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