Why is the Staples Center changing its name?
Nov 17, 2021 · STAPLES Center Environmental Management System (EMS) In 1999, retail giant Staples bought the naming rights for the arena from AEG for $116 million for a period of 20 years. Later in 2009, Staples…
Who bought Staples Center?
AEG owns and maintains the Staples Center, which has been the home of the Los Angeles Lakers since it first opened its doors in 1999. The club just signed a new lease with the facility that would last until 2041. The Los Angeles Lakers have been in the possession of the Buss family since the late Jerry Buss acquired the franchise in 1979.
Who owns the Staples Center in Los Angeles?
Nov 17, 2021 · Staples Center is getting a brand-new name after a landmark deal between Crypto.com and Anschutz Entertainment Group (AEG). Soon, the venue will be known as Crypto.com Arena. The venue which is…
How many seats are in Staples Center?
Sep 19, 2012 · AEG owns the Staples Center, home to both of L.A.’s NBA teams and the NHL ‘s Los Angeles Kings. The company that owns the Staples Center and the Los Angeles Kings announced late Tuesday it is being…
Who owns the staples center?
AEG owns the Staples Center, home to both of L.A.’s NBA teams and the NHL ‘s Los Angeles Kings. The company that owns the Staples Center and the Los Angeles Kings announced late Tuesday it is being put up for sale, sparking a potential billion-dollar bidding war for some of the sports and entertainment world’s glitziest properties.
When did the staples center open?
The building opened in 1999 and went on to host NBA All-Star Weekend in 2004 and 2011. The Staples Center made headlines in May when the Lakers, Clippers and Kings played a combined six home playoff games over a 4-day period.
Who founded staples?
Staples was founded by Leo Kahn and Thomas G. Stemberg, who were former rivals in the New England retail supermarket industry, and Myra Hart . The idea for Staples originated in 1985, while Stemberg was working on a proposal for a different business.
Where is staples located?
A Staples Business Depot located in a heritage building in Vancouver, British Columbia, in September 2011. In 1991, Staples founded its Canadian subsidiary, The Business Depot, and began opening stores under that name, though over a decade later, all stores were renamed as “Staples”.
What is staples logo?
Staples Inc. is an American office retail company. It is primarily involved in the sale of office supplies and related products, via retail channels and business-to-business (B2B)-oriented delivery operations.
What is staples in business?
Staples Inc. is an American office retail company. It is primarily involved in the sale of office supplies and related products, via retail channels and business-to- business (B2B)-oriented delivery operations. At some locations, Staples also offers a copy and print service. The company opened its first store in Brighton, Massachusetts on May 1, …
When did staples start?
At some locations, Staples also offers a copy and print service. The company opened its first store in Brighton, Massachusetts on May 1, 1986.
When did staples merge with Office Depot?
On September 4, 1996 , Staples and Office Depot announced plans to merge. The Federal Trade Commission decided that the merged company would unfairly increase office supply prices despite competition from OfficeMax, because OfficeMax did not have stores in many of the local markets that the merger would affect.
What is staples pro time?
In May 2017, the chain began a new advertising campaign with the slogan “It’s Pro Time”, which largely downplayed its retail operations.
Dive Brief
Staples Inc. CEO Alexander Douglas is stepping down by mutual agreement with the company, according to a press release.
Dive Insight
As one of the Staples entities under Sycamore attempts to acquire Office Depot, the other is losing its chief executive.
Overview
Crypto.com Arena (formerly and colloquially known as Staples Center and currently marketed as The Crypt) is a multi-purpose arena in Downtown Los Angeles. Adjacent to the L.A. Live development, it is located next to the Los Angeles Convention Center complex along Figueroa Street. The arena opened on October 17, 1999.
Description
Crypto.com Arena has 950,000 square feet (88,257.9 m ) of total space, with a 94-foot (28.7 m) by 200-foot (61.0 m) arena floor. It stands 150 feet (45.7 m) tall. The arena seats up to 19,067 for basketball, 18,340 for ice hockey, and around 20,000 for concertsor other sporting events. Two-thirds of the arena’s seating, including 2,500 club seats, are in the lower bowl. There are also 160 lu…
History
The arena has been referred to as “the deal that almost wasn’t.”
Long before construction broke ground, plans for the arena were negotiated between elected city officials and real estate developers Edward P. Roski of Majestic Realty and Philip Anschutz. Roski and Anschutz had acquired the Los Angeles Kingsin 1995 and in 1996 began looking for a new home for their tea…
Events
Bruce Springsteen & The E Street Band were the first act to perform at the venue on its opening in 1999.
Dave Matthews Band famously played the venue twice in 2008, despite the first show being the day of founding member and saxophonist LeRoi Moore’s death.
After his death in 2009, Michael Jackson’s memorial servicewas held at the are…
Awards and recognitions
Staples Center was named Best Major Concert Venue for 1998 and Arena of the Year for 1999, 2000 and 2001 by Pollstar Magazine and has been nominated each year since 2000.
In February 2013, PETA named the arena the most “vegetarian-friendly” arena in the NBA.
L.A. Live
The Crypto.com Arena is only a part of a 4-million-square-foot (371,612.2 m ) development by Anschutz Entertainment Group (AEG) adjoining the arena and the Los Angeles Convention Center. The development, known as L.A. Live, broke ground on September 15, 2005. L.A. Live is designed to offer entertainment, retail and residential programming in the downtown Los Angeles area.
See also
• Joel Wachs, Los Angeles City Council member who forged a deal to bring the sports arena to L.A.
• List of music venues in Los Angeles, a list of other music venues in Los Angeles.