WebDec 7, 2024 · New stadiums across the country are reaching multimillion dollar deals for sponsorship partners. In November, Staples Center, home to the Los Angles Lakers and Clippers, sold their naming rights to Crypto.com for $700 million which is a $584 million increase when Staples bought the rights in 1999. WebJan 3, 2024 · Crypto's profile as a high-risk investment works to its advantage with such an audience. Crypto.com knows this. In November, the Singapore-based company helmed by Poland-born CEO Kris Marszalek. spent $700 million to purchase the naming rights to the home of the Los Angeles Clippers and Los Angeles Lakers, the most storied franchise in …
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WebNov 18, 2024 · On Wednesday, Crypto.com and AEG announced a naming rights deal for what had previously been the Staples Center, a 20-year, $700 million agreement. In addition, the agreement included the ... WebJan 28, 2024 · Naming rights are a way for a corporation, person, or other entity to purchase the right to name a place, event, or item as a way to commemorate something or someone or advertise. Usually, naming rights are set for an established period of time and is common among multi-purpose venues. cynthia rowley rash guard
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WebMar 26, 2024 · Crypto.com paid $700 million for the rights in a 20-year deal, per multiple reports. That figure is actually “under reported” according to Russell Silvers, Chief Operating Officer of AEG Global Partnerships, a … WebNov 18, 2024 · Yet this week, Crypto.com, which billed itself as “the world’s fastest-growing cryptocurrency platform,” said it had secured the naming rights for 20 years to Staples Center in Los Angeles.... WebNov 17, 2024 · Cryptocurrency trading site Crypto.com has bought the naming rights to the Staples Center in Los Angeles. The new name will be unveiled during a nationally televised … cynthia rowley prescription glasses