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The multi-purpose arena in Downtown Los Angeles, adjacent to the L.A. Live entertainment complex,is all set for a name Mookie Wilson Jersey change.NBALeaguePa s: Sign up to unlock live out-of-market games (7-day free trial)What has Staples Center been renamed to?According to The Athletic's Shams Charania, the 'STAPLES Center' will be renamed 'Crypto.com Arena' from Dec. 25, 2021.Staples Center the iconic home of the Los Angeles Lakers and Clippers among others since 1999 will have a new name beginning Dec. 25: Arena. Its believed to be Asdrubal Cabrera Jersey the largest U.S. venue naming rights deal to date. Shams Charania (@ShamsCharania) Crypto.com, afive-year-old company with over 10 million users and nearly 3,000 employees, is a huge player in the emerging world of Cryptocurrency.The new name - Crypto.com Arena - will debut when the Los Angeles Lakers host the Brooklyn Nets in one of the NBA's five marquee games on Christmas Day. The rest of theSTAPLES Center signage is expected to be replaced by Jun. 2022.Reported details on the enormous venue-naming rights deal,Crypto.com paid upwards of Tim Tebow Jersey $700 million for the naming rights over the next 20 years. The valuation of the deal makes it one of the largest ever in profe sional sports history.In the next few years, people will look back at this moment as the moment when crypto cro sed the chasm into the mainstream, Kris Marszalek, Crypto.com'schief executive Wilmer Flores Jersey told the LA Times.As per the LA Times, AEG, the owner and operator of the arena, and Crypto.com are still working on the extent of the partnership beyond the naming rights, butintegrating cryptocurrency payments within the arena may be on the horizon.Its a bit of a match made in heavenwhen we think about the type of brands that we like to partner with, Dan Beckerman, chief executive at AEG,said. Crypto.com is looking for the most unique branding platform to make a statement and drive adoption, and were looking for an innovative, forward-thinking company to help us chart a course for the full future of sports and entertainment events.History of 'STAPLES Center'The STAPLES Center has been the home arena for Dwight Gooden Jersey the NBA's Los Angeles Lakers and LA Clippers, the WNBA's Los Angeles Sparks and the NHL's LA Kings.Inaugurated on October 17, 1999, then Nolan Ryan Jersey emerging STAPLESInc. paid$100 million for the rights for 10 years. In 2009, STAPLES signed a deal for naming rights in perpetuity, however in 2019, AEG brought back the naming rights for an undisclosed sum.Since its opening, the 'STAPLES Center' has hostedsevenNBA Finalsseries with the Lakers, the2012and2014Stanley CupFinals, threeWNBA Finals, the 2002U.S. Figure Skating Championships, the52ndand62ndNHL All-Star game,and threeNBA All-Star Games(2004,2011and2018).