Steve Ballmer, owner of the National Basketball Association’s Los Angeles Clippers, is “in advanced negotiations” to purchase The Forum in Inglewood, California, from the Madison Square Garden Company, according to reports in ESPN and the Los Angeles Times.
While the deal would advance the franchise’s efforts to build a new home arena in the area, it would also change the complicated — and at times contentious — ownership structure of Los Angeles-area arenas, which also involves major venues in New York and London.
MSG, which also owns New York’s Madison Square Garden, is pitted against rival AEG, which owns or is aligned with Los Angeles’ Staples Center, Brooklyn’s Barclays Center and London’s O2 Arena.
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