Staples Center in LA is being renamed Crypto.com Arena

The exterior of Staples Center in Los Angeles.Kirby Lee-USA TODAY Sports via Reuters
Staples Center in LA is being renamed Crypto.com Arena under a 20-year deal.
The change is set to take effect on December 25.
The deal cost more than $700 million, Axios reported, citing sources.
Staples Center in Los Angeles, the home of the LA Lakers and LA Kings, is being renamed Crypto.com Arena.The Singapore-headquartered cryptocurrency platform Crypto.com and Staples Center announced the change in a Wednes