Showing 1 results for:

Dan Beckerman

by Topic

All results

Los Angeles STAPLES Center To Be Renamed In A Reported $700M Deal

The famed STAPLES Center in Downtown Los Angeles, CA — home to the NBA’s Lakers and Clippers, the NHL’s Kings and the WNBA’s Sparks — is taking on a new face. The historic sports and entertainment center, which has over 20,000 seats, will be renamed Arena on Dec. 25, 2021, according to arena owner AEG, ESPN reports. The Singapore-based cryptocurrency brokerage will pay $700 million over the next 20 years to AEG, the management company for the building. “This partnership is about the future,” AEG President Dan Beckerman said in a statement, according to the Washington Post. “AEG and not only share a vision about innovation and the future of sports and entertainment, but we also have a shared commitment to our communities where we work and live.” Founded in 2016, is a cryptocurrency platform with reportedly over 10 million users worldwide. Since its inception, it has bolstered its efforts to expand throughout the sports industry landing impressive...

Nov 17, 2021