"I'm glad they're taking the name of the Staples Center down because that was our building.... Staples Center belonged to Shaq and Kobe, forever," he said. Staples Center, the downtown Los Angeles home to several local pro sports teams, will be renamed Crypto.com Arena.
Why was Staples Center named Staples?
It was financed privately at a cost of US$375 million and is named for the office-supply company Staples, Inc., which was one of the center's corporate sponsors that paid for naming rights. Staples' 20-year naming rights deal was renewed in 2009.
Is Staples Center owned by Staples?
Who owns the Staples Center? It holds 20,000 seats and has been known as the Staples Center since it opened in 1999, with the owing rights owned by office-supplies retailer AEG under a 20-year agreement. AEG has majority ownership of the Kings and did have a stake in the Lakers until summer 2021.
Do Lakers own Staples Center?
Staples Center is the arena Shaq and Kobe built (even though the Lakers never owned the building).
Why are they changing Staples Center name?
In November, AEG, the owner of the iconic downtown LA venue previously called Staples Center, announced that its building would be changing its name. It revealed that it would be called Crypto.com Arena starting on Christmas Day. Like everything else in the world, the change has to do with money.
16 related questions foundWhat was Staples Center before Staples?
Beginning that day, the arena on South Figueroa Street will be known as Crypto.com Arena as part of a naming rights deal believed to be worth more than $700 million. The arena has been known as Staples Center since it opened in 1999.
What was Staples Center called before Staples?
Staples Center, the downtown Los Angeles home to several local pro sports teams, will be renamed Crypto.com Arena. The Lakers christened the then-brand new arena by winning the NBA title in its first season. They then went on to win two more the next two seasons.
Is Staples Center changing name?
The home of the Los Angeles Lakers, Los Angeles Clippers, Los Angeles Kings, Los Angeles Sparks and countless other events and concerts will soon be renamed from Staples Center to Crypto.com Arena. The deal that involves the name change is the largest naming rights deal ever at $700 million over 20 years.
Who has sold out the Staples Center the most?
Mexican band Grupo Firme have wrapped up a ten-night arena run in the US, seven of them at Staples Center in Los Angeles, selling more than 100,000 tickets and taking the record for the most shows in a single year at the venue by a Latin act.
Why are Lakers called Lakers?
The team moved to Minneapolis, Minnesota, in 1947, and its name was changed to the Lakers to reflect the Minnesota state nickname, “Land of 10,000 Lakes.” That same year the Lakers acquired George Mikan, who became professional basketball's first dominant “big man” and the first in a series of great Laker centres.
What is a Laker mascot?
Selgo and Odejewski came up with the idea to officially name the mascot "Louie" and were encouraged by Ron VanSteeland, then Vice President for Finance and Administration, to brand the character to be the face of Laker sports.
Who owns the Lakers franchise?
Los Angeles Lakers majority owner Jeanie Buss will have the final say in the team's significant decisions this offseason, however, she admits that legends of the franchise's past and present will have an influence on those choices. The Laker's franchise is in a transition period as they search for a new head coach.
What happened to the Staples Center?
The Staples Center was the home of the Lakers and Clippers from 1999-2021, but it officially ended its run as the teams' home venue after Thursday's game between the Lakers and Spurs. Starting on Christmas Day, the building in downtown Los Angeles will be known as Crypto.com Arena.
What is the Staples Center called now?
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.
Did Jenni Rivera play at the Staples Center?
Mexican-American norteño/banda singer Jenni Rivera made history in September when she was the first female regional Mexican artist to play Los Angeles' Staples Center. She sold it out and played three hours, according to accounts, with a couple guest stars in tow, including Alejandra Guzman.
How much do the Lakers pay to play at the Staples Center?
For example, the Lakers don't pay rent at Staples Center, but pay an undisclosed percentage of their games' ticket sales to the arena, according to one source familiar with the arrangement who was not authorized to comment publicly to the Times.
Who has sold-out Staples Center by themselves?
The Staples Center came back to life on Friday (July 30) after 513 days since the last concert there, thanks to regional Mexican band Grupo Firme, who kicked off their historic run at the Los Angeles arena with their first (of seven) full-capacity, sold-out show.
