The Los Angeles Clippers’ owner Steve Ballmer reportedly buys The Forum in Inglewood, California for $400 million.
In an attempt to end an ongoing legal battle, the Clippers owner has reportedly purchased The Forum as part of his plans to build his own arena in the same area.
Ballmer wants to move the Clippers out of the Staples Center when their lease expires in 2024. The Clippers have shared Staples with the Lakers since it opened in 1999.
The purchase will be made through a new entity, CAPSS LLC, and is expected to close during the 2020 second quarter, The Times reported.