LA Clippers Searching For New Arena?

Staples Center
Staples Center In La

There are rumblings the Clippers may be looking for a new arena.

Clippers owner Steve Ballmer is reportedly scoping around LA for new digs for the team, possibly on the Westside.

The basketball team is a tenant at Staples Center, along with the NHL's LA Kings and the Lakers.

The Clippers have a lease agreement to stay at Staples Center through June 2024, and any potential move is not expected to happen until the Clippers' current lease expires, according to ESPN. The Clippers get a smaller share of the proceeds from club seats and suites than either the Kings or the Lakers.

If the Clippers do build a new stadium, it also may build a practice facility. The team doesn't own its current practice facility. [ESPN]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

Rexford Sells Fullerton Industrial Building For $50.2M: The Los Angeles Deal Sheet

What's At Stake For CRE In Tuesday's U.S. Midterm

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Epicenter Landcorp Buys Culver City Flex Industrial Building For $11M

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Hollywood's Yamashiro Complex Gets $25M Refinance: The Los Angeles Deal Sheet

Empty Pews On Prime Plots: As Congregations Shrink, Dutch Churches Land On The Property Market

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027