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Anschutz buys share of boxing promoter

Thursday, May 8, 2008

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Anschutz Entertainment Group acquired a significant ownership stake in Oscar De La Hoya's Golden Boy Promotions on Thursday, creating a partnership between one of the world's largest sports conglomerates and the boxing superstar's burgeoning promotions company.

Phil Anschutz's AEG, which owns or operates dozens of sports and entertainment venues including Los Angeles' Staples Center and London's O2 Arena, becomes the second- largest shareholder in Golden Boy behind De La Hoya.

The former Olympic champion founded the company in 2001 to guide the careers of top fighters, including Sugar Shane Mosley, Ricky Hatton, Bernard Hopkins, Winky Wright and Juan Diaz.

Comments

Posted by LOUIE on May 9, 2008 at 3:18 a.m. (Suggest removal)

I remember back in the late eighties sitting on the curb across from the Brown Palace when Mr. Anschutz brought his daughter to the debutante ball. Later on, I'd watch his father and driver roll down Glenarm each day going to and from work. He is extremely family orientated. Many will measure him by his wealth and business successes; others like myself saw something much greater in the man.

Posted by Gene on May 9, 2008 at 7:53 a.m. (Suggest removal)

Yeah, great guy, but why does he want to fight with Steve Forbes. That guy could probably buy him out.

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