LA’s Staples Center to be renamed Crypto.com Arena
Deal with cryptocurrency platform reportedly worth $700m and sets up first name change in AEG venue's 22-year history
News By James Hanley | 17 November 2021
AEG’s Staples Center in Los Angeles is to be renamed the Crypto.com Arena as part of a new 20-year naming rights deal.
The deal with the Singapore-based cryptocurrency platform, reportedly worth US$700 million (€618m), according to the FT, was brokered by AEG Global Partnerships and comes into effect from 25 December, with all of the 20,000-cap venue’s external signage to be replaced by June 2022.
“This partnership represents the fastest-growing cryptocurrency platform and the biggest sports and live entertainment…