$250 Million for Kicks
Father owned contract drilling company. Phil bought dad out 1961, struck big in Wyoming, Utah. Moved into stocks, real estate, railroads. Laid fiber along rail lines, took public as Qwest Communications. Now runs wide-ranging empire in telecom, sports, entertainment. Biggest holding: theater chain Regal Cinemas. Also owns LA’s Staples Center, stakes in pro basketball’s LA Lakers, hockey’s Kings. Promotes family-values agenda through various motion picture projects. Latest hit: “The Chronicles of Narnia,” which racked up more than $650 million at the box office.
On a par with the biggest deal in sports history is the hoopla caused by the arrival in Lalaland of Mrs. David Beckham. She is the former Victoria Caroline Adams, one of the Spice Girls—a.k.a. Posh Spice—singer, designer of the Rock and Republic line of clothes and a bud of Tom Cruise and Katie Holmes. She flew into LAX on Saturday, January 13, wearing a gray cap and sunglasses where she was greeted by mobs of paparazzi and gawking Los Angelenos. She took no questions and was whisked through the crowds to a black sport utility vehicle.
The Ultimate Question: Can David Beckham and Posh Spice Put U.S. Soccer on the Map?
Time will tell.
My bet is no.