Ballmer Reportedly Close To Buying The Forum From MSG, Removing Barrier To New Clippers Arena

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Steve Ballmer, owner of the NBA's Los Angeles Clippers, is close to a deal to buy The Forum from Madison Square Garden Co (NYSE: MSG), according to an ESPN report. The purchase would eliminate one of the main obstacles to Ballmer's effort to build a new arena for the Clippers. The current Forum owner, MSG — which also owns the league's New York Knicks — has been in a long-running legal battle to prevent the Clippers from building a new arena near The Forum, in Inglewood near Los Angeles.

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