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Los Angeles’ STAPLES Center to be renamed Crypto.com Arena

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Kacey Musgraves, The Weeknd, Imagine Dragons and more are set to perform there in the coming months.Aside from music, the arena is currently home to NBA franchises the Los Angeles Lakers and Los Angeles Clippers, as well as the Los Angeles Kings (of the NHL) and Los Angeles Sparks (WNBA).As reported by the Los Angeles Times, the new name will be effective from December 25 following a deal between AEG and the Singapore-based cryptocurrency exchange Crypto.com.The company is said to be paying $700million (£519m) over a 20-year period to rename the building.

It’s believed to be the biggest deal of its kind in history.AEG and https://t.co/mht717OBXs announce their historic naming rights partnership for one of the world’s most iconic sports and.

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