Industry News

Los Angeles Sparks signs lease extension with Crypto.com Arena

Featured image credit: InvadingInvader/CC BY-SA 4.0

Women’s National Basketball Association (WNBA) franchise the Los Angeles Sparks has signed a five-year lease extension with Crypto.com Arena owners AEG.

The contract means that the California side will continue to play its home matches at the venue, which has a maximum capacity of 19,079 for basketball, until 2029.

“We are thrilled that Sparks fans will continue to have an elite venue in the heart of downtown LA to call home,” said Sparks managing partner and governor Eric Holoman.

“Our players deserve a state-of-the-art facility where they can compete at the highest level, and Crypto.com Arena is just that.

“AEG has impressively innovated the arena over the years, and I look forward to the space’s evolution as our organisation continues to grow. We’ve made a lot of history in this building, and I’m excited to witness more defining moments in the future.”

Following its establishment in 1996, the Sparks has called the arena home since 2001 and during that time has won three league titles and had six of its players win Most Valuable Player awards.

Crypto.com Arena is also home to the 17-time National Basketball Association champion the Los Angeles Lakers and two-time Stanley Cup winners from the National Hockey League the Los Angeles Kings.

“It’s an incredible honour for Crypto.com Arena to continue to be the home of the Los Angeles Sparks,” said President of Crypto.com Arena Lee Zeidman.

“This powerhouse organization deserves a world-class venue for hometown games, and we’re excited to be championing these inspiring athletes and inviting in their ever-growing fanbase through the 2029 season.”