The rumors every Clippers fan has been talking about for the last few months have been confirmed. Steve Ballmer, the owner of the Los Angeles franchise, has come to an agreement to purchase The Forum in Inglewood. The deal is announced to have been worth $400 million, and in cash, whatever that means.
Breaking: Clippers owner Steve Ballmer has reached an agreement with MSG to purchase the Forum, through a new company, for $400M in cash. Story to come @latimes.
— Andrew Greif (@AndrewGreif) March 24, 2020
For those of you wondering if the purchase of The Forum marks the end of the Clippers’ time as Staples, the answer is yes. Sort of. The Clippers will not be playing at The Forum, it is just too small and too outdated. It holds a maximum capacity of 17.5 thousand fans, while the team’s average attendance this year is over 19 thousand.
Ballmer certainly purchased this property with the hopes of building up another stadium for the team in the area. SoFi Stadium, home to the Rams and Chargers, is being built in the same area. Putting a brand new NBA stadium there seems like the logical move for Ballmer and the Clippers.
So yes, the Clippers are eventually going to be moving out of Staples Center. But no, don’t expect The Forum to be the team’s new home moving forward.