Tim Leiweke News
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The Toronto Raptors changed their front-office structure, stripping Bryan Colangelo of his duties overseeing the team’s basketball operations while extending his contract as president.
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Tim Leiweke has been hired as president and chief executive officer of Maple Leaf Sports & Entertainment Ltd., the sports and real estate group that owns the Toronto Maple Leafs of the National Hockey League and the Raptors professional basketball club.
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Phil Anschutz has taken Anschutz Entertainment Group off the market after bids for the world’s second-biggest concert promoter and owner of the Staples Center in Los Angeles didn’t meet the billionaire’s demand.
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Anschutz Entertainment Group will fund construction of a $1 billion stadium and try to lure one of the National Football League’s 32 teams to Los Angeles, AEG Chief Executive Officer Tim Leiweke said.
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The Los Angeles City Council approved plans by Anschutz Entertainment Group to build a new downtown football stadium and convention space, opening the door for a National Football League team to return to the city.
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West Ham United ’s plan to turn London’s Olympic stadium into a joint soccer and athletics complex would create a sporting facility that will be “broke in 10 years,” according to one of the organizers of a rival bid.
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Farmers Insurance Group agreed to put its name on a proposed stadium designed to lure the National Football League back to Los Angeles.
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Billionaire Philip Anschutz said he plans to sell his Anschutz Entertainment Group, owner of Los Angeles’ Staples Center and the world’s No. 2 concert promoter.
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David Beckham will end his six-year stint with the Los Angeles Galaxy in next month’s Major League Soccer championship game, saying he wants to experience “one last challenge” before the end of his playing career.
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AEG Worldwide, responding to Los Angeles officials, cut the amount of municipal bonds it wants the city to issue to build a convention center addition and make way for a proposed $1 billion football stadium.
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