Los Angeles Kings

About

AEG's flagship NHL asset has appreciated 12.5% year-over-year to $1.8B, driven by LA's premium media market positioning and the Kings' strategic role within a diversified sports portfolio that includes the Lakers and Galaxy. With $240M in revenue and $35M operating income, the franchise benefits from shared arena infrastructure at Crypto.com Arena and bundled local media rights, though competitive underperformance (missed playoffs three of last four seasons) has constrained valuation upside relative to peer franchises. International growth initiatives and the upcoming NHL media rights cycle present key catalysts for shareholder value, particularly if on-ice competitiveness improves.