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Ballmer to buy Forum, clearing way for new Clippers arena

(WILX)
Published: Mar. 24, 2020 at 8:49 PM EDT
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Los Angeles Clippers owner Steve Ballmer is buying the Forum from the Madison Square Garden Company for $400 million in cash. The deal clears the way for the billionaire to build a new arena down the street in Inglewood, California. Ballmer has been fighting with MSG over his desire to build a state-of-the-art home for the Clippers just a few blocks away from the Forum. The purchase abruptly wraps up the litigation fight and allows the Clippers to move ahead on their goal to open a new arena when their Staples Center lease expires in 2024.

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