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The Anschutz Corporation

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The Anschutz Corporation is an American private holding company headquartered in Denver , Colorado, United States. The company was started in 1958 by Fred Anschutz, a wildcatter , who developed and operated oil wells . Philip Anschutz , Fred's eldest son, assumed control of the company in 1962 and diversified it with holdings in the entertainment and hospitality industries.

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86-496: The Anschutz Exploration Corporation subsidiary has continued the original business of discovering and developing oil and gas wells, with particular focus on projects in Colorado, Utah and Wyoming. The company's entertainment industry holdings are mostly controlled by its subsidiary Anschutz Entertainment Group (AEG), a sporting and music entertainment presenter and the world's largest owner of sports teams and sports events. The company

172-479: A blue shield with a gold border, the LA Galaxy team name, and a quasar at the top of the crest. The quasar, featured prominently on the LA Galaxy's shield, was originally featured on the 1957 Seal of Los Angeles County, as well as the modified Seal of Los Angeles County, California . The name "Galaxy" was created by Nike at the conception of the league; the apparel company was also the original uniform supplier for

258-593: A boycott against the projected development Mediaspree , of which O2 World is a part, arguing that huge sections of public spaces were being lost to the private sector. Furthermore, the Anschutz company was criticized for bully-like behavior in regards to the changing of the outer parameters of the sports arena. A section of the nearby East Side Gallery , a leftover piece of the Berlin Wall now serving as an international memorial for peace and freedom, had to be removed to enable

344-521: A designated player. Not since the days of Jorge Campos , Carlos Hermosillo and Luis Hernández in the late 1990s and early 2000s had the Galaxy had a notable Mexican player, let alone one in the prime of his career. Dos Santos made an impactful impression on the Galaxy early on, scoring on his club debut against Central FC in the CONCACAF Champions League and then in his league debut against

430-665: A league record. At the end of the season, longtime LA Galaxy and United States national team player Landon Donovan retired. On January 7, 2015, the LA Galaxy announced the signing of long time Liverpool player Steven Gerrard to an 18-month Designated Player contract, reportedly worth $ 9 million. He joined the team in July 2015 following the end of the 2014–15 Premier League season, and made his debut in an International Champions Cup against Club América on July 11. The club again made headlines by acquiring Mexican star and Barcelona academy product Giovani dos Santos in July as

516-481: A third round draft pick to the Galaxy as compensation to hire Yallop as their new head coach. Yallop was replaced at LA by Ruud Gullit , who signed a three-year contract with the club, making him the highest paid coach in MLS history. Cobi Jones returned as assistant coach. LA went on a promotional tour of Australia and New Zealand, setting attendance records in both countries. 80,295 people showed up at Stadium Australia for

602-582: A tied aggregate and a sudden-death game. Los Angeles won the CONCACAF Champions' Cup that same year, one of three American clubs to win the tournament. 2001 was another successful year for Los Angeles, winning the Open Cup and scoring 1,000 all-time points, and with Cobi Jones scoring the 300th goal, but again they fell short by being defeated by Landon Donovan and the San Jose Earthquakes . Again

688-474: A unified boycott, refusing to attend any home games until Klein was removed from his position. The Galaxy began 2023 with their worst start to a season in club history, winless in their first seven games while twice ending up at the bottom of the league's overall standings. After a loss to Charlotte FC in May, Galaxy supporters were seen involved in a shouting match with manager Greg Vanney, who had assumed control of

774-544: A year, to be the club's primary shirt sponsor. Four months later, the club signed David Beckham from Real Madrid . His debut was made at Home Depot Center before a record crowd of nearly 35,000, including many celebrities, coming on in the 78th minute in a 1–0 loss to Chelsea in a match during the World Series of Football tournament. The match brought unprecedented TV coverage from ESPN , who used 19 cameras to cover it, including one trained only on Beckham, even when he

860-561: Is a stub . You can help Misplaced Pages by expanding it . Anschutz Entertainment Group Anschutz Entertainment Group, Inc. ( AEG ), also known as AEG Worldwide , is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation . It is the world's largest owner of sports teams and sports events. Under the AEG Presents brand, it is the world's second-largest presenter of live music and entertainment events, after Live Nation . AEG Presents

946-427: Is blue. The colors were adopted to coincide with David Beckham 's arrival with the team in 2007 as part of an overall re-branding exercise spearheaded by then GM Alexi Lalas. Before 2007, the Galaxy played in various color combinations, usually comprising gold, teal green and white with black accents, and often highlighting an iconic sash design from the left shoulder and across the chest. Their original jersey, used in

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1032-679: Is further broken down into several groups including AEG Presents, AEG Sports, AXS.com and the Anschutz Film Group. AEG Presents organizes several large music entertainment festivals including Coachella and Stagecoach , AEG Sports owns the LA Galaxy soccer team and the Los Angeles Kings hockey team as well as several other sports teams around the world, and Anschutz Film Group owns Bristol Bay Productions and Walden Media . The Anschutz Corporation also owns Ken Ehrlich Productions and

1118-476: Is the all-time leading scorer for the club. In 2019, Forbes estimated the club is the second most valuable in the league, worth about $ 480 million. LA Galaxy is one of the 10 founding clubs in Major League Soccer. The name "Galaxy" was derived from Los Angeles being home to the "stars" of Hollywood . The team began competing in the first season of the then-new league, which took place in 1996. In

1204-478: Is the official cheerleaders of the club. They often attend events hosted by the Galaxy, such as autograph sessions, and can be often seen around the stadium during game time giving away scarves and supporting the team. The Angel City Brigade was created in 2007 to help establish a festive and vibrant atmosphere in Dignity Health Sports Park for the Galaxy. They were originally located in section 121 in

1290-459: The 2010–11 CONCACAF Champions League Preliminary Round. After the 2009 success, both Donovan and Beckham again went out on second loan spells. Donovan went to Everton while Beckham returned to Milan, where he ruptured his Achilles tendon and therefore missed his chance at playing in the World Cup for England and subsequently missing most of the Galaxy's 2010 season. In 2010, the Galaxy stayed at

1376-585: The Bally's Las Vegas and Paris Las Vegas resorts. The informal partnership was dissolved the following year. In October 2011, AEG reached an agreement with Sociedade Esportiva Palmeiras and WTorre to manage São Paulo 's then-upcoming Arena Palmeiras . In September 2013, it was announced that AEG Facilities, a stand-alone affiliate of AEG, had signed a 15-year contract to operate Wembley Arena in London . AEG Live partnered with MGM Resorts International to build

1462-619: The Colorado Rapids , his first MLS franchise. The Rapids were then a subsidiary of the Anschutz Corporation. In subsequent years, as Anschutz acquired additional sports teams, it led to the formation of a new division of the company whose focus was sports and entertainment, leading directly to the creation of AEG. the Rapids and National Hockey League 's (NHL) Los Angeles Kings as its original members. Since 1996, AEG has held ownership in

1548-588: The Grand Canyon ( Bright Angel Lodge , El Tovar Hotel , Maswik Lodge and Phantom Ranch ). Xanterra also operates the Grand Canyon Railway , Kingsmill Resort , and Windstar Cruises . The Anschutz Corporation also owns The Broadmoor-Sea Island Company which operates The Broadmoor hotel, The Broadmoor Manitou and Pikes Peak Cog Railway and the Sea Island resort. This Colorado -related article

1634-778: The Los Angeles Kings , as well as an interest in the Los Angeles Lakers ). In their early years, the club played home games at the Rose Bowl in Pasadena, California . Since 2003, they have played at Dignity Health Sports Park in Carson, California . The team holds a rivalry with the San Jose Earthquakes in the California Clásico and used to play the SuperClasico against city rivals Chivas USA before that team folded in 2014. Following

1720-552: The Los Angeles Lakers and Los Angeles Sparks . AEG also owned Hamburg Freezers before ceasing its existence in 2016. The company also purchased the Champions on Ice figure skating tour in 2006, and own 12% of Djurgårdens IF Hockey . The company makes a significant amount of its money by leveraging its sports interests, already significant earners, by using the stadiums in which these teams play to host various other entertainment events, most notably concerts. Philip Anschutz created

1806-496: The MLS Goal of the Year award. Los Angeles throughout the season dealt with defensive struggles, and in their last match of the regular season, against Houston Dynamo , the Galaxy were defeated and once again missed the postseason. After the 2018 season, the Galaxy ended Ibrahimović's original deal and signed him to a new and higher salaried designated player contract. On March 1, 2019,

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1892-1379: The Mercedes-Benz Arena in Berlin, and the Barclaycard Arena in Hamburg. Additionally, AEG operates the T-Mobile Center in Kansas City , the Target Center in Minneapolis , Shrine Auditorium in Los Angeles, The Colosseum at Caesars Palace in Las Vegas, the Oakland–Alameda County Coliseum and Oakland Arena in Oakland, Pechanga Arena in San Diego, PNC Stadium in Houston, The Theatre at Grand Prairie in Dallas, and SNHU Arena in Manchester (New Hampshire). Anschutz's investment in

1978-656: The T-Mobile Arena in Las Vegas, which opened in April 2016. AEG Ogden , a joint venture with Australian investors, managed sports venues and convention centres in Australia and Asia, including the International Convention Centre Sydney , Lang Park and Sydney Super Dome . Anschutz was one of the co-founders and one of the lead investors of Major League Soccer . In 1996, he became the investor/operator of

2064-464: The United States national team , bringing most of the Galaxy's coaching staff with him, including associate head coach Dave Sarachan. Arena was replaced as general manager by former Galaxy player Peter Vagenas , and as head coach by his LA Galaxy II counterpart, Curt Onalfo . The front office constructed the team to rely on players from the academy and Galaxy II system. Multiple injuries exposed

2150-664: The XL Center in Hartford, Connecticut until 2013. They previously operated Rentschler Field in Hartford from 2007 to 2010, during which they held a stake in the now-defunct Hartford Colonials of the UFL . In April 2016, AEG announced a partnership with esports company ESL ; the next year the company also announced an investment in the North American esports organization, Immortals . When

2236-653: The "super casino" license was awarded to a group in Manchester , rather than to Blackpool or London. Anschutz spent £50m on the Manchester Arena and the winner of the casino licence is a close ally of Anschutz, Sol Kerzner . In August 2007, AEG announced plans with Harrah's Entertainment to build a privately financed 20,000-seat arena in Paradise, Nevada on the Las Vegas Strip on Harrah's land located directly behind

2322-452: The 1968 John Wayne movie Hellfighters was being shot in 1967, Anschutz charged Universal Pictures a US$ 100,000 fee (equivalent to $ 0.9 million in 2023) to film real fire fighters extinguishing a real oil blaze on his land. Anschutz Film Group (formerly Crusader Entertainment, now known as Bristol Bay Productions and Walden Media ) produced the commercially successful Holes in 2003 and The Chronicles of Narnia: The Lion,

2408-593: The 2009 season top of the Western Conference and runners-up in the MLS Supporters' Shield , qualifying for the 2009 MLS Cup . They reached the final by beating Chivas USA 3–2 on aggregate in the quarter-final, and Houston Dynamo 2–0, after extra time, in the semi-final. In the final they drew 1–1 with Real Salt Lake at Qwest Field in Seattle , but lost 5–4 on penalties. By reaching the final, they qualified for

2494-669: The Chicago Fire, San Jose Earthquakes, New York/New Jersey MetroStars, D.C. United and Houston Dynamo. Currently, AEG is the operator of the Los Angeles Galaxy . Anschutz was inducted into the National Soccer Hall of Fame in 2006. Also in 2006, Anschutz received the National Soccer Medal of Honor, one of four recipients to ever receive the award. In 2007, Anschutz and AEG played a role in bringing David Beckham to

2580-594: The City of Los Angeles totaling $ 3.2 million. During this expense to the city during the Great Recession , some economists estimated that the event also generated $ 4 million for local businesses such as hotels and restaurants. City Council members and local media have called for the cost of the memorial incurred by the city to be paid for by the Jackson family or AEG, instead of by the city taxpayer. In June 2010, AEG agreed to pay

2666-641: The Clarity Media Group, the parent company of The Gazette , a newspaper in Colorado Springs and Washington Examiner , a conservative news website and weekly magazine. The company's hospitality industry holdings are mostly controlled by its subsidiary Xanterra Travel Collection . Xanterra holds the franchise rights to operate resorts inside several major national parks including Death Valley ( Oasis at Death Valley ), Yellowstone ( Old Faithful Inn , Lake Yellowstone Hotel , and several others), and

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2752-707: The Dallas Burn, 9–3 on aggregate. They lost in the semi-final to the Chicago Fire , 5–1 on aggregate. The Galaxy again finished first in the Western Conference in 1999, with a final record of 20–12, with a win in the CONCACAF Champions' Cup , but lost to D.C. United again 2–0. The 2000 season had the Galaxy in second in the Western Division, at 14–10–8. Despite this, they lost to the Kansas City Wizards after

2838-454: The Galaxy shared the stadium with their now-defunct league rivals Chivas USA , with whom they competed in the SuperClasico . Cozmo is the Galaxy's mascot. He has dark blue skin with yellow eyebrows and white eyes matching the Galaxy's home uniform colors. He replaced the Galaxy's original mascot, "Twizzle", who also looked like it was from outer space but was more humanoid in form, wearing a space-man's helmet and cape. The Galaxy Star Squad

2924-515: The General Admission area of the stadium. The LA Riot Squad formed after a loss in the 2001 MLS Cup, when then-Galaxy keeper Kevin Hartman challenged a group of Galaxy fans to form a supporter group of 100 people by opening day of 2002. The reward if they were able to do this was a keg of beer. They are located in sections 137 and 138 in the General Admission area of the stadium. Galaxians are

3010-677: The London river service company Thames Clippers , and supported the development of the nearby David Beckham Academy (which also had a branch at the Home Depot Center). The company had its headquarters in Downtown Los Angeles . In sports teams, the company owns the Los Angeles Galaxy , 50% of the Los Angeles Kings , Ontario Reign , Eisbären Berlin with Berlin Mercedes-Benz Arena , 23.5% of Hammarby IF , as well as interests in

3096-544: The O2, through his company Anschutz Entertainment Group, previously resulted in his involvement in controversy related to the possible influence of former British Deputy Prime Minister John Prescott in the award of the "super casino" license by the British government. Anschutz knew Prescott personally, having had him as a guest for a two-night stay at Anschutz's ranch in 2005 and footing the bill for hospitality and gifts. In January 2007,

3182-490: The Sounders. In his first five club matches, he had a goal, an assist or both to total with four goals and five assists in that span. Before the start of the 2016 season , it was announced that long-time servicing center-back Omar Gonzalez would leave the Galaxy after nine years to C.F. Pachuca . On November 22, 2016, long-time general manager and head coach Bruce Arena left the club to begin his second stint as head coach of

3268-574: The U.S. Open Cup Final was held there in 2001 when the Galaxy won the tournament. In 2003, the Galaxy moved to Dignity Health Sports Park (then known as the Home Depot Center, later known as StubHub Center), on the campus of California State University, Dominguez Hills in Carson , approximately ten miles south of downtown Los Angeles. The stadium is a 27,000-seat soccer-specific stadium , the second of its kind in MLS, but has hosted other sports such as rugby and American football. From 2005 to 2014,

3354-525: The United States. In 2009, he joined the Board of Directors of USA Bid Committee, a group which was formed with the aim of promoting the application and campaign to bring the World Cup to the United States. This was ultimately successful with the 2026 World Cup. Between 2001 and 2019, AEG was the biggest external investor and minority shareholder of Swedish Allsvenskan club Hammarby IF . On 27 November 2019, it

3440-553: The West (eighth overall), their highest mark since 2016, and beat Nashville SC at home in the first round of the MLS Cup playoffs before falling again to their crosstown rivals LAFC in the conference semifinals, 3−2, at the last minute. Hernández was named the team's player of the year that season. In the offseason leading up to 2023, team president Chris Klein was suspended through the primary transfer window after undisclosed payments involving

3526-417: The Western Conference, eliminating them from playoff contention for the first time since the league's inception. Midway through the season, Steve Sampson was sacked as head coach, replaced by Frank Yallop . The team managed to make a deep run to the U.S. Open Cup final, but lost 3–1 against the Chicago Fire. In March 2007, Herbalife signed a five-year deal with the Galaxy, worth between $ 4–5 million

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3612-534: The Witch, and the Wardrobe in 2005. The company also played a significant role the 2009 documentary–concert film Michael Jackson's This Is It . AEG partnered with Outbox Enterprises, a start up company, in which AEG is both an equity partner and a client, to develop AXS (pronounced "access"). AXS is a digital marketing platform for purchasing tickets for sports and entertainment events. In Berlin, local groups started

3698-427: The city of Los Angeles $ 1.3 million to offset some of the cost incurred by the city during the tribute event. AEG was also accused of having attempted to profit from the death of Michael Jackson , who was due to perform at London's O2 Arena in 2009 and 2010. The approximately 750,000 tickets were eligible for refund upon request, but the promoter offered to send out "souvenir" tickets if customers waived their right to

3784-650: The club added the dubious MLS Wooden Spoon to its trophy case for finishing at the bottom of the MLS table. In 2007, the club made international headlines with the signing of English player David Beckham from Real Madrid , the most high-profile transaction with Major League Soccer to that point. The club has fielded other high-profile international players including Zlatan Ibrahimović , Steven Gerrard , Nigel de Jong , Robbie Keane , Ashley Cole , Marco Reus , Luis Hernández , Giovani dos Santos , Mauricio Cienfuegos , Carlos Ruiz , Jonathan dos Santos , Jorge Campos , Javier Hernández , and American Landon Donovan , who

3870-465: The club clinched first in the Western Conference with a 16–9–3 record, their fifth time being first. Los Angeles were to take part in FIFA's Club World Cup as Concacaf champions from the previous year, but the tournament was canceled that year. In 2002, the Galaxy won their first MLS Cup in the club's fourth appearance by defeating the New England Revolution 1–0. In 2003, the Galaxy finished fourth playing more away games due to stadium construction, with

3956-406: The club was not allowed to sign international players in the 2023 summer transfer window. The club arranged for a transfer from La Liga club Sevilla , signing a three-year contract with Javier "Chicharito" Hernandez on January 21, 2020, and making him the highest-paid player in the league. At the end of the season, after failing to making the postseason, head coach Guillermo Barros Schelotto

4042-427: The club. Despite the new contract, Beckham confirmed in November 2012 that he would be leaving the Galaxy at the end of the 2012 MLS season. On December 1, 2012, the Galaxy won their second-straight MLS Cup victory over the Houston Dynamo, 3–1. Galaxy defender Omar Gonzalez won the MLS MVP trophy, heading in the 1–1 equalizer in the 60th minute. That goal was quickly followed by a Donovan penalty kick, and Keane sealed

4128-464: The company by buying up several small local promoters in Los Angeles in order to fill up the schedule for his new sports venue, Staples Center. These included ConcertsWest and Goldenvoice, which had been founded by Gary Tovar , and promotes the annual Coachella Valley Music and Arts Festival . AEG was the second-largest event promoter in the United States. AEG Presents, previously AEG Live, came to international public attention in 2009 when it acted as

4214-428: The conclusion of the Rossoneri's season in June, before returning to LA in July. Donovan was not offered a contract by Bayern, and returned to the U.S. in time for the beginning of the 2009 MLS season . In the book The Beckham Experiment by Grant Wahl , Donovan openly criticized Beckham for his handling of the loan deals. Beckham and Donovan would later reconcile upon Beckham's return to LA in July. LA finished

4300-467: The death of Michael Jackson. LA Galaxy The Los Angeles Galaxy , more commonly known as the LA Galaxy , are an American professional soccer club based in the Greater Los Angeles area. The club competes in Major League Soccer (MLS) as a member of the Western Conference . The Galaxy began play in 1996 as one of the league's 10 charter members. The Galaxy were founded in 1994 and are owned by Anschutz Entertainment Group (also owners of

4386-406: The defeat to Seattle Sounders FC in the final game of the season with the Supporters' Shield on the line, the team entered the 2014 MLS playoffs defeating Real Salt Lake, advancing to face Seattle once again in the Western Conference Finals, advancing to the MLS Cup by away goals. They played the New England Revolution in the 2014 MLS Cup and won 2–1 in overtime, thereby becoming five-time champions,

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4472-413: The emergence of academy product Efraín Álvarez , the Galaxy placed fifth in the West and made the playoffs. The season was best remembered for Ibrahimović's performances against LAFC, including a hat-trick at home in July and a brace in Banc of California Stadium that August. Ibrahimović finished the season with 30 goals, the second-highest mark in the season and third-highest total in league history (with

4558-444: The game with another penalty kick in stoppage time. In post-match interviews both Donovan and Beckham remained coy about their future MLS plans. The Galaxy finished the 2013 season third in the Western Conference. They reached the conference semi-finals, where they lost 2–1 to Real Salt Lake. They also reached the semi-finals of the 2012–13 CONCACAF Champions League , but lost 3–1 on aggregate to Mexican team Monterrey . Following

4644-487: The highest annual revenue of any MLS team, the third highest revenue of any CONCACAF team, and the seventh highest revenue of any team in the Americas. From 1996 to 2002, and for an El Tráfico exhibition game in 2023, the Galaxy played their home games at the 107,000-person capacity Rose Bowl in Pasadena , but often held U.S. Open Cup games at Titan Stadium on the campus of California State University, Fullerton . The Galaxy played 10 games in total at Titan Stadium;

4730-466: The inaugural 1996 MLS season, reflected the colors of the city of Los Angeles and featured black-and-teal halves, black sleeves with gold and red accents, black shorts and black socks. The Galaxy have had two logos to date. The original brand was gold, teal and black, and featured the Galaxy wordmark superimposed over a golden swirl, with a stylized black outline. The logo was changed in 2007, again to coincide with David Beckham's arrival, and now features

4816-419: The inaugural season, the Galaxy finished first in the Western Conference and contested the first MLS Cup final, finishing as runners-up to D.C. United . In 1997, they started 1–7, but went 15–9 for the rest of the season to qualify for the playoffs. The Galaxy ended up second in their conference, losing to the Dallas Burn . In 1998, the Galaxy left off on a streak, eventually finishing 24–8. The Galaxy defeated

4902-494: The league's dissolution of Chivas USA, a new expansion team, Los Angeles FC (LAFC), was formed in 2014 and began play in 2018 . The new L.A. rivalry was dubbed " El Tráfico ". The franchise is one of Major League Soccer's most successful teams , with a record five MLS Cups and four additional appearances in the final, and won the Western Conference regular-season title eight times, four Supporters' Shields , two U.S. Open Cups , and one CONCACAF Champions' Cup title. In 2017,

4988-418: The match between Sydney FC and LA Galaxy, which the home side won 5–3. They also played a tour of Asia, and competed in the inaugural Pan-Pacific Championship in Honolulu , finishing third after beating Sydney 2–1 in the third-place match. In the 2008 MLS season , LA went on a seven-game winless streak that saw them drop from first place in the Western Conference to outside playoff contention, prompting

5074-416: The naive roster construction, which included erratic performances by Jermaine Jones, and sparse production from Giovanni Dos Santos. With a 6–10–4 record, the Galaxy fired Curt Onalfo and replaced him with former head coach Sigi Schmid on July 27, 2017. Under Schmid, the club went 2–8–4 and finished the season in last place overall with a mark of 8–18–8. It was only the fourth time that the club failed to make

5160-443: The playoffs in all of the league's first ten seasons. They won the 2005 MLS Cup , defeating the New England Revolution in extra time, 1–0. The 2006 season began on March 16 with the sudden death of Doug Hamilton , the team's 43-year-old general manager, who suffered a heart attack on board a plane carrying the team back from Costa Rica where they had played Saprissa in the CONCACAF Champions' Cup . The team finished fifth in

5246-401: The possible existing obstacles, the team finished 9–12–9. The Galaxy bounced back by gaining second with an 11–9–10 record. They lost to the Wizards in the final, 0–2. In 2005, the Galaxy acquired Landon Donovan from San Jose. The franchise won the Open Cup again ending with a record of 13–13–6. Having qualified for the playoffs for the 2005 season, the Galaxy has been the only team to appear in

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5332-399: The postseason, and the club's first wooden spoon . In March 2018, the team signed Zlatan Ibrahimović on a two-year, $ 3 million contract with targeted allocation money. The Swede made his debut in the inaugural El Tráfico match against LAFC, scoring two goals to end the game with the Galaxy coming from 0–3 down to win 4–3. One of the goals Ibrahimović scored in that game later received

5418-399: The promoter for Michael Jackson 's This Is It concerts. Jackson died just three weeks before the series of 50 concerts were due to begin. Members of Jackson's family have said that they would like to see an investigation, in general, into the role of AEG Live in the final weeks of his life, and also, in particular, into the role of the personal advisers and representatives whom they believe

5504-432: The promoters put in place for him. On September 18, 2012, the Anschutz Corporation announced its intent to sell Anschutz Entertainment Group and its holdings. The company has retained financial advisors Blackstone Advisory Partners to assist in AEG's sale process. There had been some concerns about the sale as AEG was instrumental in the development of Farmers Field , a planned football stadium in Downtown Los Angeles that

5590-471: The record being broken by LAFC's Carlos Vela that year). In the playoffs , the Galaxy defeated Minnesota United FC 2–1 before falling to LAFC, 5–3. Ibrahimović left the club in November, and of the 2019 signings—most of them on loan—only Pavón returned for 2020. Three years later, in December 2022, MLS sanctioned the Galaxy for the 2019 Pavón signing, stripping the club of $ 1 million in allocation money and suspending club president Chris Klein . Moreover,

5676-439: The refund. The company estimated that 40–50% of its customers would request the original tickets in lieu of the refund, which would save the company $ 40 million in refunds. That was in addition to future profits from any material that formed a part of the " This Is It " concerts, which AEG made its intellectual property in sponsoring the concerts. After Conrad Murray , the physician appointed by AEG to take care of Jackson during

5762-468: The resignation of manager Ruud Gullit and firing of general manager Alexi Lalas . Gullit was replaced by Bruce Arena , who was unable to lead LA into a play-off spot, for the third-straight season. In the following off-season, both club captain David Beckham and vice-captain Landon Donovan were involved in loan deals with European clubs until the beginning of the new MLS season; Beckham to Milan in Italy and Donovan to German club Bayern Munich . Donovan

5848-459: The run-up and throughout the "This Is It" concerts, was found guilty of involuntary manslaughter in the California v. Murray case, Katherine Jackson , Michael's mother and legal guardian of his three children, filed a wrongful death suit against the promoter, seeking damages reportedly exceeding tens of billions of dollars. AEG filed a motion to have the case dismissed which was denied by a Los Angeles County judge who ruled that sufficient evidence

5934-445: The team announced they had exercised its one offseason Buyout of a Guaranteed Contract on Giovani dos Santos, thus releasing him from the team. In the 2019 season , the Galaxy welcomed Guillermo Barros Schelotto to the club as head coach. The Galaxy also added a number of players, notably Uruguayan Diego Polenta , Argentine World Cup veteran Cristian Pavón , fellow Argentine Favio Álvarez and Mexican Uriel Antuna . With this, and

6020-399: The team's 2019 signing of Cristian Pavon, in which MLS reported that Pavon should have been classified as a designated player. The league's sanctions on the Galaxy meant that the team could not make any international signings during the 2023 summer transfer window. Despite these punishments, Klein signed a multi-year extension with the team. In response, Galaxy supporter group leaders announced

6106-399: The team's soccer operations in the wake of Klein's suspension. In the aftermath, ESPN ranked the Galaxy 29 of 29 in their MLS power rankings, saying they were "not a serious club". On May 30, 2023, the Galaxy officially announced they had parted ways with Klein. The LA Galaxy's current team colors are navy blue, gold, and white. The team's primary uniform is white and the secondary uniform

6192-576: The team. The Galaxy first turned a profit in 2003, becoming the first MLS team to do so. After the team moved into the new Home Depot Center, the team saw increased attendance, a doubling of revenue from sponsors, and revenues from parking and concessions. A Forbes 2015 report ranked the LA Galaxy second in MLS in terms of annual revenue ($ 44 million) and in franchise value ($ 240 million). The Galaxy earn more in annual club sponsorship income ($ 14 million) and annual local TV rights ($ 5 million) than any other MLS team. The Galaxy have

6278-515: The third-straight team to win consecutive Shields while amassing the second-best points total in MLS history. They followed this up with their third MLS Cup, defeating the Houston Dynamo 1–0 in the final . The 2011 MLS Cup was the Galaxy's first MLS Cup Victory in regulation. The 2002 and the 2005 MLS Cup wins were won in overtime. In January 2012, after much speculation, Beckham signed a new two-year deal with LA to secure his short-term future at

6364-573: The top of the table and won the Supporters' Shield, the first time MLS played a balanced schedule. They then lost to FC Dallas in the Western Conference Final, one game away from making another appearance at MLS Cup. In 2011, a year in which they added the Republic of Ireland's all-time leading goalscorer Robbie Keane , they won their fourth Supporters' Shield with two games remaining, becoming

6450-570: The view of Anschutz's new arena, located on the former eastern side of the city Spree . AEG has since promised to financially support the preservation of the East Side Gallery. AEG had a global interest in the death of Michael Jackson by hosting a public memorial service at Crypto.com Arena (formerly Staples Center), a prominent music venue in Los Angeles and home of the Grammy Museum. The event included security and logistical support by

6536-590: Was announced that Zlatan Ibrahimović , had acquired 23.5 percent of the outstanding shares in Hammarby, which meant that AEG reduced their stake by half. AEG were part of a consortium with Tottenham Hotspur which proposed to demolish the London 2012 Olympic Stadium in Stratford and then to build a new 60,000 seater soccer specific stadium in its place and to renovate the Crystal Palace athletics stadium. These proposals

6622-629: Was announced that Xanterra Parks & Resorts, Inc. had entered into an agreement to purchase the Kingsmill Resort near Williamsburg, Virginia . Xanterra, owned by Anschutz since 2008, has traditionally operated in national and state parks across the United States, especially in the Western regions, including Yellowstone National Park in Wyoming and Crater Lake National Park in Oregon . As of 2010, Xanterra

6708-519: Was fired, and replaced with Dominic Kinnear as interim manager. On January 5, the Galaxy announced Greg Vanney as the new manager. Under Vanney, the Galaxy narrowly missed the MLS playoffs in 2021, finishing eighth in the Western Conference (15th overall). In 2022, the club showed marked improvement, punctuated by the continued improvement of Hernández (who scored 18 goals) and the signings of former Barcelona youth product Riqui Puig and European veteran Gastón Brugman . The Galaxy finished fourth in

6794-401: Was founded in 2002 as AEG Live. AEG owns and operates a variety of venues, sport teams, and entertainment concerns. For venues, AEG owns and operates Crypto.com Arena and Dignity Health Sports Park , and managed the XL Center and Rentschler Field . In England, it operates The O 2 which includes a 20,000 capacity arena. As part of the development of the O 2 , Anschutz also purchased

6880-399: Was intended to attract an NFL team to the city. Approval to begin construction of Farmers Field in 2013 for a 2016 completion was in the process of being finalized at the time that AEG's sale was announced. In 2015, plans for Farmers Field were abandoned when then St. Louis Rams owner Stan Kroenke announced plans for a stadium of his own . On March 14, 2013, Anschutz that announced AEG

6966-577: Was no longer for sale and that it was changing CEOs. Tim Leiweke (CEO since 1996) left the firm; John Skorjanec was named VP of National Media Accounts with Dan Beckerman heading AEG. AEG's primary subsidiary AEG Facilities merged with its rival venue operator SMG in October 2019, forming ASM Global. AEG owns the Crypto.com Arena in Los Angeles, Dignity Health Sports Park in Carson, California, The O2 in London,

7052-474: Was on the bench. In that season's SuperLiga , LA reached the final but lost to Mexican side Pachuca on penalties after extra time . LA nearly made the end-of-season play-offs, but were eliminated following a 1–0 loss to the Chicago Fire. In the off-season, Cobi Jones retired and, amidst rumors that he was going to be sacked, Yallop resigned as head coach following a friendly match at Home Depot Center. The San Jose Earthquakes bought out his contract and offered

7138-656: Was operating about three dozen hotels and lodges with more than 5,000 guest rooms combined, with over 8,000 employees. It has also been reported that Anschutz is currently in negotiations to buy the Silverado Golf Resort in Napa, California . Anschutz Entertainment Group also owned the Tour of California bicycling race and the Bay to Breakers footrace. The company also managed the T-Mobile Center in Kansas City, Missouri , and managed

7224-399: Was present for the progression to a jury trial. The trial began on April 2. Murray served jail time for the death of Jackson, and indicated that if he was called as a witness for this case, he would refuse to testify to avoid incriminating himself amid his sentence appeal, as he had not previously testified under oath regarding Jackson's death. On October 2, 2013, AEG was found not liable in

7310-856: Was rejected as they violated the Olympic legacy provisions of the UK government. AEG owns the NHL 's Los Angeles Kings , the AHL 's Ontario Reign , the ECHL 's Cincinnati Cyclones (co-owned with Nederlander Entertainment), and the German ice hockey team Eisbären Berlin . AEG also formerly owned the Manchester Monarchs and an interest in the Reading Royals , both of the ECHL. In July 2010, it

7396-525: Was seeking a permanent transfer to Munich, while Beckham was expected to return to LA in March, prior to the 2009 season. Beckham went on to seek a permanent transfer to Milan in a bid to sustain his England career through the 2010 World Cup , and Milan made a bid for the player that was rejected by LA. One day before his loan deal was to expire, Milan and LA reached an agreement to allow Beckham to stay in Italy until

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