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LA Clippers make major progress on new arena in Inglewood

Steve Ballmer, Paul George, LA Clippers. Mandatory Credit: Robert Hanashiro-USA TODAY Sports

The LA Clippers have made a huge step as a franchise today, agreeing to a 23-year naming rights deal worth over half a billion dollars with Intuit, a software company to name their new arena.

The new home of the LA Clippers:

The Intuit Dome

The Clippers have agreed to a 23-year naming rights deal with software company Intuit worth over $500 million, per @cnbc.

The $1.2 billion, 18,000-seat arena is scheduled to open in Inglewood in 2024.