Staples Center is changing its name to Arena

Sabres Kings Hockey
Posted at 1:11 PM, Nov 17, 2021
and last updated 2021-11-17 13:15:27-05

LOS ANGELES — The Staples Center in downtown Los Angeles will be renamed Arena on Christmas.

The home of the NBA’s Lakers and Clippers, the WNBA’s Sparks and the NHL’s Kings will change its name after 22 years.

A person with knowledge of the naming rights deal tells The Associated Press that is paying $700 million over 20 years to rename the building.

The person spoke on condition of anonymity because the parties aren’t publicly announcing the terms of what’s believed to be the richest naming rights deal in sports history.