DTS may buy forum in inglewood!

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loyalclipfan
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Shocked i heard a rumor that the owners of the forum were spinning the idea of selling the forum property to dts as the new home of the clippers. the building would either be retro....

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clipper*joe
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Where did you hear that rumor?

loyalclipfan
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from the inside fo staff, but i don't know if they were in dream mode, or had actually had contact with the powers that be. can't name names, but i could possibly give you a list of fo to chose from, if you like?

LotsoHope
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I'm skeptical about this rumor, doesn't sound like DTS' normal real estate investment strategy, he usually doesn't do much redevelopment, and certainly less likely in the highly risky business of sports arenas. Besides, with all the budget cuts impacting redevelopment agencies, I'm highly doubtful the local agency in Inglewood can contribute much for such a major overhaul. LA city is probably going to bank AEG's football stadium over the Forum, and their money's tight as well, so not likely they're going to fund 2 stadium developments.

That would mean Sterling would have to front most of the cost, and he doesn't strike me as the type willing to take such a big risk on a team that doesn't have the strongest fanbase in this town (yet). Besides, look at what the impact of owning Dodger Stadium is having on McCourt's bottomline... not exactly going to keep the Clippers profitable if Sterling has to pay for additional overhead.

Rumor may have a legit source, but I'd bet on Sterling saying pass on this offer. Staples Center and being the Lakers' hallway neighbor has been good business so far, why mess with it anyway?

clipper*joe
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Agreed. I'll go further and say it isn't a rumor. DTS has it made using Staples. Plus, the Forum is so outdated that it would have to be demolished and the real estate value isn't worth what it once was.

Taylor
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There could be some truth to parts of this story. I think Sterling who is what, like 75? Knows he's got little time left on this earth, he could go at any moment no matter how healthy he is, thats just the sad part of life. However, with Griffin here, and his recent increase in spending and the team FINALLY looking like its heading in the right direction... Sterling may in fact want to move the team to a city nearby and build a new arena, to give the Clippers a real home by themselves, and build something grand, 1 last big gesture for his Clipper fan base and his mark on the world.

I think he may want to do something like that, and leave the team in good hands and in good shape as he gets older and age begins to really take a toll on him. And if he could get a new arena built, or remodel something that needs work, I think he'd love that opportunity.

Steady818
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Building a whole new arena from scratch is no joke... Don't think even DTS can afford to demolish a stadium than rebuild a brand new one without the proper funding from corporate sponsors.

Stuff like that doesn't just happen...

And i also don't see him just buying the forum to use for the Clippers.. Like Joe said he's pretty much got it made over at Staples

clipperstown
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i would not feel happy about going to Inglewood every time I wanna go and watch a live clippers game.

I like where staples center is located...

Taylor
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As I said, there's prob some truth to what the original poster said. Sterling is a Real Estate guy correct? Maybe he buys the place, fixes it up and makes money from it by booking high end concerts, BMX rally's yada yada yada. Maybe even sign a deal with the NBA and the Lakers or other NBA teams to play over there once and awhile against the Clippers. But what I just said, is doubtful.

I'd suspect Sterlings interest in the forum itself is purely for financial gain, moving the Clippers seems unlikely but has been brought up over the years since this was Laker Town long before we arrived. However, LA is what #2 market in the US? Staples Center is relatively new, we get or sell nearly 93-95% of the seats for home games, and with Griffin and Gordon to endorse in the LA market, it would seem foolish to move anywhere that wasn't ready to fully give big time support for easily one of the worst, if not thee worst sports franchise in sports history.

toohipcliptoslip
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It's been a while and I'm sure some of the names have changed. Hoover Street Crips. Crenshaw Mafia Bloods, Playboy Gangster Crips. Lennox 13. Walk to nearby restaurants rather than run to your car.

Staples is state of the art as the forum WAS. Traffic will be worse.

clipperboy
Clipper Rookie
Posts: 58
votes: 0

Yea i dont see DTS moving into a place where the lakers made famous. We want our own identity. Im all in for going back to the sports arena and ficing it up since thats where we came from. DTS would probably put a cap on how much he would spend to fix it up but that way we keep blake happy in LA

JamFan
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Prince just booked 21 dates at the Forum, so it is still usable as an event site. However, I actually attended Laker games at the Forum. It is not by the freeway. And the traffic jam getting from the Forum to the freeway is the worse mess I have ever seen. And that was a long time ago. Probably would be even worse now. On the other hand, getting up on the freeway at Staples is a piece of cake.

FightOnRon
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I wonder if this rumor is spurned by the fact the AEG group want so build that football Stadium where the convention center is,,,making that part of LA no doubt the most congested streets in the county. I can see the owners of Staples demanding the CLips weekend games be scheduled during football times so the almighty Fakers don't have to play on football weekends.

Pre-Clipper days I used to go 1 or 2 times a year to the forum to see the Lkers but better yet,,I worked nearby for over a decade. Inglewood, at that time, was pretty bad but just not in the neighborhood the forun was in. But go a f ew blocks away and man,,different world. So unless you can get airlifted in there,,,maybe not.

MrHill
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I passed by the Forum this past Saturday night (I live just a few blocks away), and that Prince concert (in terms of parking) was packed; they even had to use the extra parking lot at Hollywood Park as well as some of the neighborhood businesses. I haven't seen it that packed since the Lakers were still playing there. It's true that the nearest highways (Interstates 105 and 405) are at least 1 1/2 miles away, and during the Lakers' time there, traffic was always a problem.

Like LoyalClipfan also mentioned, Metro Rail is expanding its service by not just adding an extension of the Green Line (to LAX), but a rail line along Crenshaw Boulevard (about 1/2 mile east) to LAX, which also run partly Florence Avenue between Crenshaw to Aviation Boulevard, then to the airport. However, those plans are still in the planning stages, and it'll takes years to build. Hell, the Expo Line is almost a year behind schedule, and they're just now doing test runs with the trains. Even still, you would have to transfer to a bus line from the train just to get to the Forum, probably adding a minimum addition of 15 minutes to your trip.

I've suggest here a few times on this board that the Forum, just based on location relative to the Playa Vista team headquarters. It'll certainly cost much more to build a new arena from scratch, as opposed to a renovation. That place needs a LOT of work to bring it to present-day NBA standards...such as expanded concourses (the main concourse at Staples is about three times bigger than the one at the Forum), a new HD scoreboard, seats, expanded locker rooms, and of course, the all-important luxury suites (which the Forum never had). Just to estimate, it would cost at least $200 million, and for a new arena, you can probably double, if not triple, that. Sterling should take on some partners to envision something like that, and with these present-day stadium/arena projects, you would need other attractions and venues to make it a worthwhile destination (much like what Staples has with L.A. Live). But as we all know about Sterling, he doesn't like to sell anything, not an even a percentage.

As someone you practically lives in that neighborhood, it's really not much there in the immediate area where the Forum is located. It's a mostly residential neighborhood, although you have several businesses along Manchester and Prairie (a couple of "mom-and-pop" owned restaurants, a Sizzler, a couple of liquor stores, and of course a run-down Hollywood Park). There's other restaurants and shops within driving distance, but those about a mile south at two shopping centers directly next to the southern entrance to Hollywood Park.

As much as I love to see the Clippers have their own state-of-the-art arena (without sharing one with the hated Purple and Piss), it's easier for Sterling to stay right where he is. It'll have to be a new ownership group (with a firm commitment to remain in Greater Los Angeles) to make this dream a reality.

wcnbafan
Clipper D-League Pickup
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Bump.

Let's keep an eye on this. The Clips have just 3 years left on their lease. Having their own crib in Inglewood would be awesome. The Clip joint would be rocking and it would OUR building as opposed to a building built for the Lakers and Kings.

Also, it costs half as much to gut and renovate an arena as opposed to build from scratch. DTS could sell a 40% minority share in the team and get around $140 million. Keep in mind that this wouldn't be that big a problem. Instead of a $10 million a year profit, DTS would be getting around $6 million and his partners would get the remaining $4 but DTS doesn't really care that much at this point as he's 77 years old. He's in this for personal reasons and the joy of owning a sports franchise. Coupled with naming rights and maybe a bit from the city of Inglewood and you have the thing paid for right there.

From there it's all gravy. Instead of sharing a ton of revenue with AEG, DTS and his partners would be raking in all the money from parking, concessions, merchandise sold and everything else. This would actually make financial sense for him and his partners in the long run.

For us fans, if they did this renovation like they did in Oakland with Oracle Arena, we would actually be able to see the game from the upper deck and would have much better sightlines from the lower bowl since it wouldn't be a hockey designed arena. Not only that but it would hold an extra 500 seats since Oracle seats between 19,500 and 20,000 as opposed to just 19,000 at Staples.

Not to mention that we wouldn't have to stare at Laker championship banners and retired jerseys during the game. This would be the CLIPPERS crib, the clip joint, the house that Blake built and so on. Blue and red seats. I know that people would not like it since the Lakers made it famous at one time but I don't see it that way. No more yellow seats and no banners. Change the name from the Forum to the (insert corporate name here) center or arena and you would have very little connection to the Laker days.

Make it happen Donald!

toohipcliptoslip
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Rebuilding the Forum is a terrible idea for all the above reasons. I like going downtowm. There are exciting things to do, It's well lit and you can wakl around. Plenty of safe parking. Even the homeless guys are safe and you can get to know them.

Inglewood is less that safe. During Laker days traffic was backed up from La Tijera(sp) north for at least a mile. I live closer to the forum than Staples but it would take me a lot longer to get to the forum for a sell out.

wcnbafan
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Let's not forget that downtown LA was pretty dangerous before Staples and LA Live. Inglewood and Hollywood Park wants to undergo something similar and having a modern arena as the anchor would help and make it safer for all involved.

BACON
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Not sure how I feel about this?? Either get the back seat at Staples, or Have our own arena from Laker sloppy seconds? Gotta think about it...

FightOnRon
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I could see DTS buying the property for the value and demolishing the forum and build more DTS apartments.

wcnbafan
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Yeah, the best case scenario is a brand new crib at Hollywood Park, preferably the corner of Prairie and Century. That would give them their own arena without any Laker ties but that just doesn't make financial sense for DTS.

OTOH, if they could minimize the Laker legacy as much as possible on a Forum renovation then that would be a good thing as well. For instance, go with a complete gut and renovation where there is no remaining remnants outside of the exterior and roof. Put in blue and red seats to replace the yellow and then make sure you take out "Forum" in whatever the arena is called and that would be good. For example, instead of the Southwest Airlines Forum, we would call it the Southwest Airlines Arena or something along those lines.

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