BREAKING NEWS! Coin.fyi has been acquired by VC firm Morningstar Ventures. Read More

Ethereum
$4,674.86 4.33%
ETH · 1w

Iconic Staples Center, Home of Los Angeles Lakers, Changing Name to Crypto.com Arena

Iconic Staples Center, Home of Los Angeles Lakers, Changing Name to Crypto.com Arena

Staples Center, one of the most iconic and globally recognized sports and entertainment arenas in the world, is changing its name to Crypto.com Arena. Crypto.com has also become an official cryptocurrency platform partner of the Los Angeles Lakers and the LA Kings.

Staples Center’s New Name Is Crypto.com Arena

AEG, the owner of Staples Center, and Crypto.com “have launched a historic, 20-year naming rights agreement that will rename the AEG-owned and operated Staples Center,” both companies independently announced Tuesday.

Located in downtown Los Angeles, the 20,000-seat, award-winning arena described itself as “one of the most iconic and globally recognized sports and entertainment arenas in the world.” It serves as the official home of the National Basketball Association (NBA) teams Los Angeles Lakers and LA Clippers as well as the National Hockey League (NHL) team LA Kings and the Women’s National Basketball Association (WNBA) team Los Angeles Sparks.

Crypto.com has agreed to pay more than $700 million for the naming rights, according to reports. The announcement details that the name change will be effective on Dec. 25, adding:

AEG and Crypto.com will unveil the newly named Crypto.com Arena on Christmas Day … This agreement also makes Crypto.com an official cryptocurrency platform partner of the Los Angeles Lakers and the LA Kings.

The new agreement includes “official designations across Crypto.com Arena, L.A. LIVE, Microsoft Theater, The Novo, the Los Angeles Lakers, and the LA Kings,” the announcement adds.

“Each year, the world-class venue hosts over 240 major high-profile events of national and international distinction and over 4 million guests,” the announcement further states. Events range from professional sports, concerts, family and award shows, and special events, including the Grammy Awards, NBA All-Star Games, and...

Continue on news.bitcoin.com
Recent news
ETH +4.33% · nitter.pussthecat.org · 3h

Charles Hoskinson: You know what scares me? A central bank increasing the money supply by 50 percent within 18 months, telling me it has no/little impact on inflation, and when prices go up, Warren blaming "greedy corporations" It's simple. Do you want your money more valuable over time or less?

You know what scares me? A central bank increasing the money supply by 50 percent within 18 months, telling me it has no/little impact on inflation, and when prices go up, Warren blaming "greedy corpo...