How much does it cost to rent the Staples Center?

Kardashian also surprised West by building a basketball court in their own backyard. The source adds, "He's obsessed with basketball." So how much did renting out the Staples Center cost Kardashian? The source says she was able to rent out the space for a whopping $110,000.
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Do Lakers pay rent at Staples Center?

Los Angeles Lakers sign lease extension to stay at Staples Center through 2041. The Los Angeles Lakers are staying put. On Thursday, the team announced that it has signed an extension to its current lease at the Staples Center that will keep the team in Downtown Los Angeles through the 2040-41 season.
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How much do Lakers pay for Staples Center?

The naming rights deal is worth over $700 million and goes into effect on December 25th when the Lakers take on the Nets at home.
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How much do Lakers lease Staples Center?

The downtown arena is the home court to the Lakers, Clippers and National Hockey League's Kings franchise. Terms of the agreement were not disclosed, but a person familiar with the deal told CNBC it was a 20-year contract worth $700 million. That makes the deal one of the richest naming rights agreements in sports.
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Who paid for Staples Center?

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.
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Amex Centurion Suite: STAPLES Center [ EXPIRED ]



How does Staples Center make money?

They do profit from season ticket sales and a portion of the suites and premium tickets. They can also sell advertising around the court. Beyond money, the painful experience of leaving the iconic Forum came into play while weighing staying at Staples.
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How much does Staples pay for naming rights?

The company behind the change, Crypto.com, is a cryptocurrency platform and exchange that also offers crypto-backed debit cards and digital wallets. It reportedly purchased the naming rights to Staples Arena for a whopping $700 million, one of the largest amounts ever paid in such a deal.
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What is Lakers owner worth?

In 2022, Jeanie Buss' net worth is estimated to be $500 million, according to Celebrity Net Worth.
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How much was Staples Center sold for?

Crypto.com CEO's Story of Buying Staples Center Naming Rights for $700 Million.
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Does Kobe have a statue at Staples?

8 and 24 jerseys were retired and raised on Staples Center rafters 4 years ago. She was extensively quoted as saying that Bryant would receive a statue once he was inducted into the Naismith Memorial Basketball Hall of Fame. AEG, responding to our inquiries today, says there is no update on the statue.
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Do the Clippers own Staples Center?

A shift to the Clippers' court reveals a design inspired by the city. The black apron resembles a map of Los Angeles' roads and highways. The Lakers, Kings, Sparks and Taylor Swift, who owns the all-time Staples Center record for sold-out performances by an artist, have retired jerseys and banners in the rafters.
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Do the Clippers pay rent?

Under the terms of their deal with Kings and Staples Center owners Philip Anschutz and Edward Roski, the Clippers will pay rent but will receive a percentage of the luxury-box revenue, parking and concessions for their games only. It includes an escape clause after three years.
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What was Staples Center called before?

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.
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What is the new name for Staple Center?

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.
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How much revenue does Staples Center make a year?

Home to the Lakers, Clippers and Kings, the No. 1 sports venue in the U.S. nets $345.8 million in annual revenue, including nearly $300 million in ticket sales, plus $18 million for parking fees and nearly $11 million in beer. For a dollar-by-dollar breakdown on Staples Center's annual revenue, click here.
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How much does it cost to rename a Staples Center?

Office supply giant Staples bought the naming rights for $116 million over 20 years starting when the Anschutz Entertainment Group-owned building opened in 1999. The company reportedly agreed to pay more in 2009 for permanent rights to the arena name, and then in 2019 AEG bought back the rights.
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What was Staples Center called before 1999?

This was a big shock to fans who have known the Lakers home arena as STAPLES Center, which has been the venue's name since 1999. The STAPLES Center opened in 1999 after the Lakers moved from The Forum, which was the team's previous home.
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How Much Is Kobe worth?

2016 America's Richest Entrepreneurs Under 40 Net Worth

Kobe Bryant died January 26, 2020 at age 41 in a helicopter crash, along with his 13-year-old daughter, Gianna, and 7 other passengers. His net worth at the time of his death was an estimated $600 million.
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Where are Lakers moving to?

Intuit Dome is an indoor arena under construction in Inglewood, California. Located south of SoFi Stadium, it will be the future home of the Los Angeles Clippers of the National Basketball Association (NBA), moving from Crypto.com Arena—which is currently shared as their home arena with the Los Angeles Lakers.
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Do the Lakers and Clippers share the same locker room?

The Clippers' locker room is smaller than the Lakers'. The arena's seats were originally colored purple, the primary color of the Lakers, as well as the primary colors at the time of construction for the Los Angeles Kings, the National Hockey League (NHL) team that also shares Staples.
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Why did they remove the Staples Center?

NewsChopper4 Alpha captures crews removing the iconic Staples Center lettering and logos from the outside of the stadium, to make way for its new identity as the Crypto.com Arena. The new name and logos are part of a 20-year naming rights agreement between the cryptocurrency platform and stadium owner AEG.
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