With their lease at Staples Center expiring in a few years, the Lakers could have followed the Clippers’ plan, moving to another part of town, building their own arena and keeping all the revenue. In a deal expected to be announced Thursday, the franchise will extend its lease with owner AEG for another two decades through 2041. In terms of age, Staples Center ranks around middle of the NBA, where arenas average 20 years old. It is not believed that the Lakers share in any of Staples Center’s corporate sponsorships, parking or food and beverage revenues. Staples Center is not a relic.”

Source: Los Angeles Times May 27, 2021 12:03 UTC