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Philip Anschutz

Born:December 28, 1939Status:Co-Owner (Los Angeles Kings)
Hometown:Russell, KansasKnown For:Controlling Interest in Multiple Industries

Philip Frederick Anschutz (born December 28, 1939) is  is the principal owner of the National Hockey League’s Los Angeles Kings and is a minority owner of the National Basketball Association’s Los Angeles Lakers.

Anschutz is an American billionaire businessman who owns or controls companies in a variety of industries, including energy, railroads, real estate, sports, newspapers, movies, theaters, arenas and music. He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. Through his ownership of Walden Media, he has invested in films such as The Chronicles of NarniaRay, and Joshua. Through AEG Live, he owns the Coachella Valley Music and Arts Festival, Sea Island Resorts and The Broadmoor hotel in Colorado. He is also the namesake of CU Anschutz, the medical campus of the University of Colorado.

In 1961, he bought out his father’s oil drilling company, Circle A Drilling, and earned large returns in Wyoming. He invested in stocks, real estate and railroads. He expanded his investments to sports and entertainment companies, co-founding the American association football/soccer league Major League Soccer as well as multiple soccer teams, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, and the New York/New Jersey MetroStars.

Dustin Brown Los Angeles Kings owner Philip Anschutz 2014 Stanley Cup
Dustin Brown and Los Angeles Kings team owner Philip Anschutz celebrate after winning the 2014 Stanley Cup (Photo by Dave Sandford/NHLI via Getty Images)

Kings Under Ownership

A bankruptcy in 1995 led to the franchise being acquired by Anschutz and Edward P. Roski. A period of mediocrity ensued, with the Kings only resurging as they broke a six-year playoff drought in the 2009–10 season, with a team that included goaltender Jonathan Quick, defenseman Drew Doughty, and forwards Dustin BrownAnze Kopitar, and Justin Williams.

Under coach Darryl Sutter, who was hired early in the 2011–12 season, and with the acquisition of Jeff Carter, the Kings won two Stanley Cups in three years: 2012 over the New Jersey Devils, and 2014 over the New York Rangers, while Quick and Williams respectively won the Conn Smythe Trophy.

The Kings have advanced to the postseason just three times since that 2014 championship, and haven’t won a playoff series since.

Deeper Dive

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