Los Angeles' Staples Center is getting a new name. Starting from Christmas Day, it will be called the Crypto.com Arena.
The downtown LA 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 told The Associated Press that Crypto.com is paying $700 million (over €618 million) over 20 years to rename the building.
The person spoke on condition of
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