LA Business Journal

STEVE BALLMER

Owner Los Angeles Clippers

His NBA team may have barely made it into the playoffs because of injuries to star players, but they maintained a winning regular-season record for the 11th consecutive season, longest active streak in the league. Ballmer’s $2 billion-plus campus in Inglewood is set to open in 2024-25 – an 18,500-seat arena, a team practice facility and corporate offices. It broke ground in September and already has a 23-year, $1.8 billion naming rights deal with Intuit. “We needed to say: ‘We’re our own guys. We don’t play in the same place as the other guys,’ ” said Ballmer, explaining why he wants to break away from the Crypto.com Arena shared by the Lakers.

SPORTS | 2022 LA500

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2022-06-20T07:00:00.0000000Z

2022-06-20T07:00:00.0000000Z

https://labusinessjournal.pressreader.com/article/299681351480586

LABJ