Staples Center in L.A. to Be Renamed Arena

The Staples Center, home to LeBron James and the Los Angeles Lakers, will be renamed the Arena after a Singapore-based cryptocurrency brokerage paid to sponsor the iconic sports and concert venue.

The arena’s owner, AEG Worldwide, said it struck a 20-year naming rights agreement with The name change would be effective from Dec. 25. It didn’t disclose the financial terms of the naming arrangement.

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