The Polo Perspective: And the real winner of the Kawhi Leonard spectacle is...

 

The real winner of the Kawhi Leonard spectacle is a man named Philip Anschutz.

Anschutz has a real time estimated net worth of $12.2 billion. He’s the owner of Anschutz Entertainment Group (AEG). It is the world's largest owner of sports teams and sports events, the owner of the world’s most profitable sports and entertainment venues, and under AEG Live, the world's second largest presenter of live music and entertainment events. Anschutz inherited his father’s wealth and oil business and over the last five decades. His portfolio includes oil, railroads, telecom, real estate and growth in the sports entertainment industries.

Anschutz owns stakes in the Los Angeles Lakers, Los Angeles Kings, and venues including the Staples Center, O2 Arena, and the Home Depot Center. He's a co-founder of Major League Soccer as well as of multiple teams, including the Los Angeles Galaxy, Chicago Fire, Houston Dynamo, San Jose Earthquakes, and the New York / New Jersey Metro Stars. He owns railroad and oil businesses. He’s one of the top 100 land owners in the country.

You don’t hear these details or the billions that the signing of Leonard, LeBron, and Anthony Davis brings to these corporations and individual owners, but the media blasts the details of the contracts these players sign as if their salaries are somehow a win for you and me.

Alex “Polo” Polakowski
@poloperspective on Twitter

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