By GREG BEACHAM
LOS ANGELES (AP) — Staples Center is getting a new name. Starting Christmas Day, it will be Crypto.com Arena.
The downtown Los Angeles home of the NBA’s Lakers and Clippers, the NHL’s Kings and the WNBA’s Sparks will change its name after 22 years of operation, arena owner AEG announced Tuesday night.
A person with knowledge of the deal tells The Associated Press that Crypto.com is paying $700 million over 20 years to rename the building. The person spoke on condition of anonymity because the parties aren’t publicly announcing the terms of what’s believed to be the richest naming rights deal in sports history.
The 20,000-seat arena has been the Staples Center since it opened in October 1999, with the naming rights owned by the American office-supplies retail company under a 20-year agreement. The name will change when the Lakers host the Brooklyn Nets in the NBA’s annual Christmas showcase.
Crypto.com is a cryptocurrency platform and exchange headquartered in Singapore. Founded in 2016, Crypto.com has been on a spending spree across the global sports landscape over the past year. The platform has inked high-visibility sponsorship deals with Formula One, the UFC, Italy’s Serie A, Paris St-Germain and the NHL’s Montreal Canadiens — while also purchasing the Philadelphia 76ers’ uniform sponsorship patch.
AEG, the sports and entertainment conglomerate that has majority ownership of the Kings and had a stake in the Lakers until last summer, built the arena that quickly became a famous setting for major events in the U.S.’ second-largest metropolitan area.
Along with its sports tenants, the arena has hosted 19 Grammy Awards ceremonies, three NBA All-Star Games, two NHL All-Star Games and countless high-profile concerts, performances and important public events, including memorials for Michael Jackson, Nipsey Hussle and Kobe Bryant.
The Lakers have won six NBA championships during their tenure in the cavernous arena, including three straight in its first three years of operation. Banners commemorating the Lakers’ 17 NBA titles hang high on the walls above the playing floor, providing what might be the most distinctive interior feature of the building.
The Sparks have won three WNBA titles while at the Staples Center, and the Kings won their first two Stanley Cup championships in 2012 and 2014 there, clinching both on home ice.
The Clippers will be short-timers at Crypto.com Arena. They’re scheduled to open owner Steve Ballmer’s $1 billion, 18,000-seat Intuit Dome in Inglewood in 2024 when their Staples Center lease expires. The Sparks also could leave downtown then, although nothing has been decided.
Best Cyber Monday vacuum deals 2023: Shark, Dyson, and moreBest Cyber Monday vacuum deals 2023: Shark, Dyson, and moreAll the best Cyber Monday deals on Sony headphones and earbudsEarly Cyber Monday drone deals 2023: DJI, Holy Stone, more180+ Cyber Monday gaming deals: 30% off PlayStation PlusSamsung Cyber Monday TV deals 2023: $1,000 off 85Amazon Cyber Weekend TV deals 2023: Fire TVs, cheap QLEDs, and moreBest early Cyber Monday laptop deals 2023 from Apple, Dell, so much moreCyber Monday 2023 laptop deals at Walmart: a $299 Lenovo Flex 5i just droppedBest Cyber Monday tablet deals for 2023 Видеокосплей на жрицу Изобель из Baldur’s Gate 3 LTBA Celebrates Community Leaders, Names New Officers Strickland Sworn Into State Senate Supreme Court Upholds Trump Administration’s Use of Alien Enemies Act THROUGH THE FIRE: Message from the Grassroots Muratsuchi Launches Campaign for State Superintendent of Schools Japan Donates $2 Million to SoCal Wildfire Recovery Efforts TarkovHelp обыграла Virtus.pro и прошла в гранд Takano Condemns DOD Nominee Hegseth’s Attacks on LGBTQ+ Servicemembers Неземной косплей на Марику из Elden Ring
0.1653s , 10070.484375 kb
Copyright © 2025 Powered by 【phim heo dong tinh nu】Staples Center is Changing Its Name to Crypto.com Arena,Global Hot Topic Analysis