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All good things should be over! Since 1999, the home stadium of the Los Angeles Lakers, Los Angeles Clippers and Los Angeles Sparks has been the Staples Center. However, a new agreement is ending this situation and changing the name.according to Los Angeles Times, The new name of the venue will be Crypto.com Arena. According to the agreement between Singapore and Singapore, it is valid for 20 years. Cryptocurrency Exchange and AEG, owners and operators of the arena.
Crypto.com invested heavily in facilitating this transaction. According to reports, they paid more than 700 million U.S. dollars for naming rights. Kris Marszalek, CEO of Crypto.com, spoke about the transaction, saying that he wants people to see it as a sign of the times. “In the next few years, people will look back at this moment as the moment when cryptocurrency crossed the chasm and entered the mainstream,” Chris said by phone.
Kris continued, “The actions of these people at AEG are really great, because the next decade belongs to cryptocurrency,” he said. “This positions Los Angeles and this particular venue at the center of it.” The report also stated that Crypto.com paid more than five times the cost of the rights to the Los Angeles Arena. However, Kris did not make large investments in stages. He explained: “I don’t have a trace of doubt in my heart. My belief level is 100%.”
The new logo of the arena will make its debut when the Lakers play against the Brooklyn Nets on Christmas Day. By June 2022, the remaining Staples Center signs will be replaced with signs with the new name. Roommate, leave a comment and let us know what you think about the upcoming name change?
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