The Los Angeles Clippers may soon be leaving Staples Center behind, as ESPN's Ohm Youngmisuk reported Tuesday that team owner Steve Ballmer has invested $100 million in the city of Inglewood, California, where the Clips are aiming to move.
Per Youngmisuk, the investment "was negotiated with city officials from Inglewood as part of their arena development agreement and is set to be revealed Tuesday at an Inglewood City Council meeting."
Youngmisuk also reported that $80 million of the investment will go toward affordable housing as well as financial assistance to renters and first-time homebuyers. School and youth programs will benefit from an additional $12.75 million.
Per Brittany Martin of Los Angeles Magazine, Ballmer is aiming to open the arena for games beginning in 2024. Proposed amenities include "a 26-acre complex with a sports medicine clinic, facilities for community sports groups, dining and retail spaces, a solar-panel-clad roof, indoor-outdoor 'sky gardens,' team offices, and an outdoor game-viewing area with massive digital screens."
Youngmisuk noted that Ballmer wants a college basketball-like atmosphere, and that includes a single section with no tiers behind baskets, much like NCAA hoops arenas.