Ballmer and MSG have agreed on a price of $400M for the Forum. This essentially will clear the last hurdle preventing the Clippers from building their new arena in Inglewood as MSG will now drop their outstanding lawsuit. The sale is expected to close Q2 2020, but that could be delayed. It is being reported that current MSG employees at the Forum will be extended employment offers.
Ballmer and MSG have agreed on a price of $400M for the Forum. This essentially will clear the last hurdle preventing the Clippers from building their new arena in Inglewood as MSG will now drop their outstanding lawsuit. The sale is expected to close Q2 2020, but that could be delayed. It is being reported that current MSG employees at the Forum will be extended employment offers.
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