Report: Clippers closing in on new arena in Inglewood

Posted: 15/06/2017 in NBA, Sports
Tags: , , , , , , , ,

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The Los Angeles Lakers and Clippers have shared residency at Staples Center since 1999, but it appears that arrangement may be coming to an end.

The Clippers will reportedly make an official announcement Thursday that they’re closing in on building a new arena in Inglewood, Calif., according to the Los Angeles Times’ Brad Turner.

The organization will enter an exclusive negotiating agreement with the city regarding 22 acres of land which will be used for a privately funded arena to be 100 percent financed by Clippers owner Steve Ballmer, according to Turner and the Orange County Register’s Vincent Bonsignore.

The ENA would then need approval from Inglewood’s city council, with the vote expected to occur Thursday morning.

It was reported back in February that the Clippers were in talks to move to a complex that would be adjacent to the new arena which will host the NFL’s Rams and Chargers in 2019.

Inglewood was one of several options the Clippers were exploring at the time, with another being simply staying at Staples Center beyond 2024, when the current lease is set to expire.

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