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LOVERRO: From the fabulous Forum to hulking FedEx, a tale of two extremes

The late Jack Kent Cooke’s sports palace has changed hands.

No, not Fed Ex Field. I didn’t say sports dump.

Los Angeles Clippers owner Steve Ballmer has closed on his deal to buy the fabulous Forum from Madison Square Garden for $400 million, with the intent of using it for concerts and other events while building an arena for his Clippers basketball team, who now share the Staples Center with the Lakers.

“The Forum will continue to operate as a music venue, while plans for the construction of the Clippers’ privately-financed, fan-focused NBA arena, team headquarters and transformative community project move forward,” a Clippers spokesperson said in a statement.