Clippers Complete $400 Million Purchase of The Forum in Inglewood - SLAM Online

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Clippers owners Steve Ballmer and Dennis Wong completed their purchase of The Forum in Inglewood, the team announced on Monday.

The $400 million settlement clears the largest obstacle in the Clippers’ way of building a proposed $1.2 billion arena. The Clippers hope to begin construction by mid-2021.

The Clippers will continue to operate The Forum as a music venue, and expect its California-based staff to remain employees, according to team press release.

It’s official: Clippers ownership has purchased the Forum — which will remain a music venue not far from where the Clippers plan to play in their new $1.2 billion arena. pic.twitter.com/ofeB5L56Gk

— Mirjam Swanson (@MirjamSwanson) May 4, 2020

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Clippers Complete $400 Million Purchase of The Forum in Inglewood - SLAM Online
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