STAPLES CENTER

The Staples Center is located in the heart of Los Angeles and is home to numerous professional sports teams including the Lakers and Clippers of the NBA and the Kings of the NHL. It cost $330 million to build the Staples Center and only $58.5 million (less than 18%) came from the public through taxes with the vast majority of the payments coming from the teams themselves. Staples, Inc. is also paying $100 million over a 20 year period for the naming rights on the building. The Staples Center is located within 15 miles of the nearest airport and there are all kinds of wonderful stores and centers around the Staples Center so that everyone has something to keep them entertained. There are malls, shopping centers, restaurants, and all types of places to visit in the city. Inside the building, there are 160 luxury suites, 32 party suites, and 2,500 club level seats available although the majority of the seats for Lakers games are sold out to celebrity season ticket buyers like Jack Nicholson and Denzel Washington. The Lakers and Clippers both play their home games in the building so their meeting throughout the year are not only about pride and standings in the division but also about bragging rights in the Staples Center itself.

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