The Los Angeles Clippers’ pursuit for a new arena in Inglewood cleared a major hurdle.
Clippers owner Steve Ballmer’s newly-formed Capps LLC reached an agreement with the Madison Square Garden company to purchase the Forum for $400 million, ending three lawsuits by MSG in relation to the new proposed arena.
The Forum will remain open as a concert venue.
The Clippers say the new arena will create an estimated 7,500 high-paying construction jobs and 1,500 permanent jobs once the complex is open.
[via ABC7]
It hasn't been a good year for Sean "Diddy" Combs. Diddy is facing accusations of…
The R&B singers reignited their long-running feud this weekend. The “Tennessee” songstress called out the…
SZA has been one of the most groundbreaking artists of her generation, and now she…
Britney Spears is reportedly facing significant financial and mental challenges. Britney Spears is in "serious…