LA’s Iconic Staples Center to Be Renamed to Crypto.com Arena

Posted on by American Coins & Gold

LA’s Iconic Staples Center to Be Renamed to Crypto.com Arena
The Staples Center arena in Los Angeles will be renamed to Crypto.com Arena on Christmas day, according to a press release .The Singapore-based crypto exchange bought the naming rights from AEG for 20 years, for $700 million, the L.A. Times reported, citing sources familiar with the matter.The $700 million figure makes it one of the largest naming deals in sports history, according to the newspaper.The multi-purpose arena will reveal the new branding on Dec. 25, when the Los Angeles Lakers host the Brooklyn Nets. All Staples Center external signs will be changed to the new name by June 2022.Crypto.com will…