SUZIE: PIECES OF LOS ANGELES HISTORY WILL GO TO THE HIGHEST BIDDER. THE ERA OF THE L.A. SPORTS ARENA IS NOW OVER. RANDY PAIGE TOOK A TRIP THROUGH TIME AS HE WALKED THE HALLS OF LOCAL INSTITUTION. REPORTER: THEY WALK THROUGH THE SPORTS ARENA WITH HUNDREDS OF OBJECTS MARKED FOR AUCTION. IS LIKE WALKING THROUGH DECADES OF AMERICAN HISTORY. [CHEERS] [APPLAUSE] REPORTER: JOHN KENNEDY WAS NOMINATED 56 YEARS AGO THIS WEEK. THE FIRST TIME HE WAS PLAYING WAS FOR PHILADELPHIA. I WATCHED HIM SLAM DUNK. HE WAS WALKING THROUGH THIS ARENA AND THAT WAS A LOT OF MEMORIES. THERE WERE A LOT OF GREAT ATHLETES THAT PLAY HERE. THE OLYMPICS 1984 BOXING WAS HERE. REPORTER: THAT INCLUDES MOHAMMED ALI. HERE HE IS, ENTERING THE BOXING RING. [CHEERS] [APPLAUSE] AND DON’T FORGET THE HUNDREDS OF MOVIES FILMED HERE. “ROCKY” WAS SHOT HERE. NOBODY KNEW WHO SYLVESTER STALLONE WAS. REPORTER: THEN THERE ARE THE CONCERTS FEATURING ARTISTS INCLUDING THE GRATEFUL DEAD, MADONNA, MICHAEL JACKSON, PINK FLOYD, AND BRUCE SPRINGSTEEN. HE FIRST PLAYED HERE IN 1981 AND HAD HIS FINAL CONCERT IN MARCH OF THIS YEAR. HE SPOKE ABOUT THE SPORTS ARENA THAT HAD SO MUCH HISTORY. IT IS REALLY SAD TO SEE THAT. I WON’T LOOK BACK. REPORTER: ONE MORE LOOK AT A