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Tuesday, January 31, 2023

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The Los Angeles Clippers purchase the legendary Forum

The legendary Forum in Inglewood, California has been purchased by the Los Angeles Clippers. In a deal announced by Clippers owner Steve Ballmer, the deal comes as a settlement or closure of a lawsuit between the Clippers and the Madison Square Garden Company. Balmer is paying $400 Million for the building.

Ballmer created CAPSS, LLC to execute the deal. According to The Hollywood Reporter, this deal helped resolve the lawsuit between the two parties.

“We are looking forward to putting the legal issues behind us,” Ballmer said in a statement. “This will allow us to focus on delivering world-class experiences for music fans and building a new arena that will provide a unique environment and a true home court advantage for Clippers fans.”

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Ruben Jay
Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

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