The Forum, previously known as the Great Western Forum, has long been a cornerstone of sporting events in Los Angeles. With the Los Angeles Lakers and Kings calling this arena home until the end of their 1998-99 seasons, it was the center of excitement for fans. Boxing events also attracted significant crowds, featuring iconic fighters like Juan Manuel Marquez, who boasted an impressive record of 12-0 at this venue.
However, as the 20th century progressed, the Forum's involvement with professional sports dwindled. For a significant portion of time, no pro team held games there, and between 2001 and 2014, boxing events were notably absent. Despite its rich history, the arena found itself in a period of relative inactivity.
Fortunately, change is on the horizon! Los Angeles Clippers owner Steve Ballmer sees immense potential in the area. Having invested $400 million to acquire the Inglewood land, he plans to construct a state-of-the-art complex for the Clippers directly across from the Forum. This ambitious vision signals a new chapter for both the team and the arena.
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Ballmer's acquisition of the Forum from New York Knicks owner James Dolan represents a lucrative transaction. Dolan purchased the venue for $23.5 million in 2012 and invested an additional $75 million in renovations before selling it for an impressive $400 million. This remarkable turnaround showcases the potential for investment in sports venues.
One of the critical challenges Dolan faced in selling the Forum was concerns over land use. The introduction of a new arena in Inglewood could significantly impact the Forum's revenue from concerts and events. Nevertheless, Ballmer's vision includes maintaining the Forum as a host for music events, ensuring that it remains a bustling hub for entertainment, even with a new arena nearby.
The Clippers and Lakers have been sharing the Staples Center since 1999, but the dynamic is shifting. With the Clippers experiencing a resurgence—boasting eight playoff appearances in the last nine seasons and a star player like Kawhi Leonard—it's evident that both L.A. teams deserve their own venues.
The Clippers are expected to transition into their new arena in 2024, following the expiration of their 10-year lease with the Staples Center. Ballmer's plans include a comprehensive complex featuring team offices and a practice facility. Adding to the excitement, the Los Angeles Rams and Chargers will also be relocating to Inglewood, further solidifying the area as a sports epicenter.
While The Forum may not be hosting games, it remains a vital part of a rapidly evolving sports landscape in Inglewood. As the city embraces this transformation, the Forum's legacy continues to intertwine with the future of professional sports in Los Angeles.
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