A venture headed by Los Angeles Clippers basketball team owner Steve Ballmer has agreed to purchase the Forum arena in Inglewood, California, for $400 million, which could help push forward plans to build a $1 billion new privately financed arena and headquarters facility for the NBA team.
Clippers Buying Forum Arena Near LA for $400 Million
NBA Team Looks To Build New $1 Billion Venue, End Legal Disputes
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