With the announcement late Tuesday that entertainment giant AEG, owner of the Staples Center and Los Angeles Kings, is up for sale, the deal, if it goes through, could be the largest in sports history.
“This will be a massive deal,” said Marc Ganis of Sportscorp. Ltd., a Chicago sports-consulting firm. “Arguably it’ll be the biggest sport-based transaction in history.”
The $2-billion price tag for the Los Angeles Dodgers earlier this year was the largest sports team purchase of all time.
But if the AEG sale goes through, it could dwarf the Dodgers' sale.
According to Forbes, the next biggest deals are as follows:
No. 2 -- Manchester United
In 2005, American businessman Malcolm Glazer, who also owns the NFL's Tampa Bay Buccaneers, paid $1.47 billion for the soccer team.
No. 3 -- Miami Dolphins
In 2008, American real estate developer Stephen Ross, chief executive of the Real Holdings Companies, a global real estate firm, paid $1.1 billion for 95% of the NFL franchise.