Who Owns The Crypto Arena In Los Angeles

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Who Really Owns the Crypto.com Arena? A Tale of Billionaires and Basketball

So, you wanna know who's the big cheese behind the Crypto.com Arena, huh? Let's dive into the glitz and glamor of arena ownership.

Who Owns The Crypto Arena In Los Angeles
Who Owns The Crypto Arena In Los Angeles

The Name Game

First things first, let's address the elephant in the room: the name. It used to be the Staples Center, a moniker as iconic as the Lakers themselves. But then, poof, it became the Crypto.com Arena. Apparently, someone thought a crypto exchange name would be a better fit for a place where people sweat and cheer. Hey, at least it's a conversation starter.

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The Real Owner: Anschutz Entertainment Group (AEG)

Behind the flashy name change lies a more traditional owner: Anschutz Entertainment Group (AEG). Now, AEG isn't your average Joe. They're a behemoth in the entertainment industry, owning stadiums, arenas, and even teams. So, while Crypto.com slapped their name on the building for a hefty price, it's AEG who calls the shots.

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Philip Anschutz: The Man Behind the Curtain

If you're curious about the mastermind behind AEG, look no further than Philip Anschutz. This billionaire is the driving force behind the empire. He's got a knack for turning entertainment into gold. And owning a piece of the LA basketball and hockey scene? Just another Tuesday for this guy.

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The Lakers and Kings Connection

You can't talk about the Crypto.com Arena without mentioning its star tenants: the Los Angeles Lakers and the Los Angeles Kings. Interestingly, AEG also owns a stake in both teams. So, not only do they own the arena, but they also own part of the teams that play there. Talk about a home-court advantage!

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The Crypto Connection: A Marriage of Convenience?

Okay, so we've established that AEG is the real boss. But what about Crypto.com? Why did they shell out millions for naming rights? Well, it's all about branding and reaching a wider audience. By slapping their name on one of the most iconic arenas in the world, Crypto.com hopes to boost their credibility and attract new customers.

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How to... Crypto Arena Edition

Now, let's get practical. Here are a few FAQs about the Crypto.com Arena:

  • How to get tickets to a Lakers game? Check the Lakers official website or use a ticket resale platform.
  • How to find the best parking spot? Arrive early and use a parking app to find available spots near the arena.
  • How to navigate the arena like a pro? Familiarize yourself with the arena map and plan your entry and exit points.
  • How to enjoy the game without breaking the bank? Look for deals on tickets, food, and merchandise.
  • How to survive the crowds? Be patient, plan your transportation, and wear comfortable shoes.

So, there you have it. The Crypto.com Arena is more than just a place to watch basketball and hockey. It's a complex web of ownership, branding, and entertainment. But at the end of the day, it's a place where fans come together to cheer on their favorite teams.

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csun.eduhttps://www.csun.edu
lafd.orghttps://www.lafd.org
lapdonline.orghttps://www.lapdonline.org
weather.govhttps://www.weather.gov/lox
abc7.comhttps://abc7.com

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