Roski and Philip Anschutz were majority owners of the Los Angeles Arena Company, looking to replace the Great Western Forum for the Kings, and exercised an option to buy 25% of the Lakers, with the Lakers agreeing to become a tenant in the planned arena.
Roski and Philip Anschutz were the majority proprietors of the Los Angeles Arena Company, seeking to replace the Great Western Forum as the Kings' venue, and exercised an option to acquire 25% of the Lakers, with the Lakers agreeing to become a tenant in the planned arena.