INGLEWOOD, Calif. -- The Inglewood City Council unanimously approved an exclusive negotiating agreement with the LA Clippers on Thursday that could lead to the construction of an arena for the NBA team across the street from the future home of the NFL's Chargers and Rams.
The agreement calls for a three-year negotiating period, including a six-month extension, with a developer to build a state-of-the-art basketball arena with 18,000 to 20,000 seats. It requires the Clippers to pay a nonrefundable $1.5 million deposit to cover costs associated with the planning.
The proposed arena would be on a 20-acre parcel of land located across the street from the under-construction, $2.