Los Angeles’ Staples Center is becoming the Crypto.com Arena – erienewsnow.com

The 20-year naming rights agreement, announced Tuesday by arena owner AEG, marks an end of an era. The Staples Center has held that name since the 20,000-seat facility opened in 1999 and is the home of several professional sport teams, including the NBA’s Los Angeles Lakers and Clippers and the NHL’s LA Kings.