AEG Has The Political Sway To Get Things Done

LONDON ENGLAND - OCTOBER 04: A general view of atmosphere during the NBA Europe Live match between the Los Angeles Lakers and the Minnesota Timberwolves at the O2 arena on October 4 2010 in London England. (Photo by Bryn Lennon/Getty Images)

The Sacramento Bee's Dale Kasler did a big weekender on AEG, the arena developer that is in talks to operate and, in large part, fund a new arena for the Sacramento Kings downtown. Kasler runs through AEG's background and successes, including Kansas City's Sprint Center (a legit potential landing spot for the Kings if the arena here falls through), L.A.'s STAPLES Center and L.A. Live and London's O2 Arena, when in less than a year, the Olympic gold medal in basketball will be decided.

Most interesting in that piece is the commentary on AEG's status as a live concert promoter, and the reason Sacramento could make sense:

In Sacramento, concerts and other special events might be the key to getting the arena built. The Kings would be the main tenant, but non-sports events are usually more profitable for arenas because they tend to share more of the revenue with the building operators, Bongiovanni said.

With its stable of big-name music acts, AEG could use the railyard arena as a tour stop. "They may view Sacramento as another outlet or distribution channel for their content," Carter said.

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