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Report: Clippers Owner Steve Ballmer Nearing Deal to Buy The Forum

Los Angeles Clippers owner Steve Ballmer is nearing a deal to purchase The Forum in Inglewood, Calif. from the Madison Square Garden company, according to ESPN's Kevin Arnovitz.

Neither party confirmed or denied ESPN's report, however, Los Angeles issued a statement regarding a possible agreement: "The Clippers continue to pursue plans to build a state-of-the-art, 18,000-seat basketball arena and entertainment complex in Inglewood and are currently working with the city to successfully complete the comprehensive Environmental Impact Report."

"We are examining every possible way to resolve our differences with Madison Square Garden Co.