Sale Of AEG A Factor In XL, Rentschler Bidding?

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AEG Management CT, an arm of Anshutz Entertainment Group, has told the Capital Region Development Authority that its parent company is for sale.

AEG Management is one of three bidders competing for the contract to manage the XL Center in Hartford and the Stadium at Rentschler Field. A decision on who gets the contract is expected Thursday.

CRDA Chief Executive Michael Freimuth told me today that the authority’s staff has been assessing what it might mean for the venues.

“It’s a fair question to figure out what it might mean, if anything,” Freimuth said.

Freimuth declined comment tonight on which bidder is the frontrunner. In addition to AEG, Philadelphia-based Global Spectrum and a group led by the Bushnell are seeking to manage the venues.

Read more here about the sale of AEG on Billboardbiz.com.

 

 

 

 

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4 thoughts on “Sale Of AEG A Factor In XL, Rentschler Bidding?

  1. Linda

    It should be an issue. How can it not be an issue? There is no way to know what will become of AEG or who will own it, or what there corporate goals will be. Maybe it will be to cut costs and slash services and staff?

    Also, while Global Spectrum is Philly based (b/c it was founded by the Flyers Eddie Snyder) the business development office is headed by Frank Russo out of Glastonbury. Frank managed the XLC (then HCC) from 1974-83. Plus, COmcast now owns Global Spectrum and they provide cable to 80% of Connecticut (all but FField county). Lastly, Comcast owns NBC, which in turn is moving sports HQ to Conn and has the NHL contract.

    AEG maybe the ticket to the Wolfpack and 4-5k per game, but if the real goal is the NHL (with Whale or Phantoms as plan B) then there is only one company worth considering – Comcast Global Spectrum.

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