Seventeen-time NBA Champions, the Los Angeles Lakers and AEG, the owners of STAPLES Center, have signed a long-term lease extension agreement ensuring that the defending World Champions will remain in their downtown Los Angeles home arena through the 2041 season.
Since beginning their first season on November 3, 1999 at the iconic venue, the Lakers have achieved the most successful two decades in franchise history, posting both regular season (987-780) and playoff (139-79) records during that time on the way to winning six NBA championships, including last season’s record tying 17th title in the NBA bubble.
Separately, AEG and the Lakers confirmed their plans to make a wide array of significant capital improvements and upgrades throughout STAPLES Center.