Staples Center Los Angeles Will be Renamed Crypto.com Arena
Is this not a huge sign that cryptocurrency has truly arrived? I’m kind of in shock after seeing this morning’s news that the Staples Center is now going to be called “Crypto.com Arena”
Staples Center Los Angeles will be renamed Crypto.com Arena
“Staples Center will now be known as Crypto.com Arena, after an agreement with its owner AEG.
Staples Center is a multi-purpose arena that has been home to numerous public events including boxing and basketball competitions, as well as concerts and hockey. It’s also been the home of the NBA’s Los Angeles Clippers and Los Angeles Lakers, as well as the NHL’s Los Angeles Kings, and the WNBA’s Los Angeles Sparks.
Crypto.com purchased the naming rights to AEG for $700 million over 20 years, according to an announcement. In 1999, Staples paid $100 million for 10 years’ worth of naming rights.”