The Forum sale is complete, as CAPSS LLC, a new corporation formed by Los Angeles Clippers owner Steve Ballmer and Clippers vice chairman Dennis Wong, finalized the purchase of The Forum in Inglewood from Madison Square Garden Entertainment Corp. for $400 million. (more…)
A split of Madison Square Garden Company assets is now complete, with MSG Entertainment (comprising the programming and venues) and MSG Sports (comprising the professional sports franchises) now trading separately on the New York Stock Exchange. (more…)
The Madison Square Garden board approved a spin-off of its entertainment business from its sports business, and announced Las Vegas’s MSG Sphere construction is suspended due to coronavirus impacts. (more…)
Los Angeles Clippers owner Steve Ballmer is buying the Forum from Madison Square Garden Company for $400 million, ending his legal battle to build a new home for his NBA team in Inglewood, Cal. (more…)
MSG Sphere at The Venetian in Las Vegas continues to take shape, as the upcoming venue reached a new construction milestone this week. (more…)
Amidst his pursuit of a new arena in Inglewood, Los Angeles Clippers owner Steve Ballmer is negotiating to buy the Forum from Madison Square Garden Co., according to a Los Angeles Times report. (more…)
Forum owner Madison Square Garden Co. has filed another lawsuit over a proposed LA Clippers arena, this time challenging California governor Gavin Newsom and the state legislature over the legality of approved legislation designed to aid the project. (more…)
We end 2019 with a countdown of the five biggest stories of the year on Arena Digest, as chosen by editors and partially based on page views. Today, #4: New LA Clippers arena plans are unveiled. (more…)
Under the latest plans to spin off its sports franchises, including the New York Knicks and New York Rangers, Madison Square Garden Co. will not keep an equity stake in the new sports company. (more…)
Newly uncovered emails from 2017 show that Madison Square Garden Co. officials pitched the Los Angeles Lakers on a return to Inglewood’s Forum, but those discussions ultimately led nowhere. (more…)
Marquee franchises New York Knicks (NBA) and the New York Rangers (NHL) may be seeing mixed results in the standings, but parent Madison Square Garden Company earnings were solid in its most recent quarterly report. (more…)
