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AEG FailWatch

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Local heroes AEG seem to be having a good old-fashioned fall from grace: the developers behind LA Live and the Downtown NFL stadium (before that apparently all went to shit) have now lost the X Games, which have been held in and around Downtown for a decade. AEG was up for sale last fall and couldn't come to terms on a new contract for the games, so now they'll be off to Chicago, Detroit, Austin, Texas, or Charlotte. [ESPN, image via]