STAPLES Center President Talks 20 Years of L.A. Sports
The iconic STAPLES Center in Los Angeles is celebrating its 20-year anniversary this week.
Founded in 1999, the arena has grown into a world-class facility — on par with New York’s Madison Square Garden and London’s O2 Arena — and is now home to four professional sports teams, including the NBA’s Lakers and Clippers.
Yet opening STAPLES two decades ago in the less-than-thriving downtown City of Angels was a risky bet.
“The success of STAPLES Center was never guaranteed,” said Lee Zeidman, the president of STAPLES Center and L.A. Live, an adjacent entertainment center. “Nobody went downtown. It rolled up its carpet and closed at 5 p.m.”
Today, STAPLES draws enormous crowds to its events, which range from basketball to hockey to the Grammy Awards. In total, the arena has held 5,000 events, welcomed 75 million fans, and sold over 20 million beers.
The arena is also gearing up for a major event in the sports world next week: the NBA’s October 22 opening night matchup between the teams that call it home: the Lakers and the Clippers.
“We will be the center of the NBA universe,” said Zeidman, who was the arena's first full-time employee 20 years ago. “It is one of the most anticipated opening night games in the history of the NBA."
Lydia Simmons, founder of 'Moms Official Objective' or 'M.O.O.,' joins Cheddar News to discuss nutritional and hormonal support products for every stage of womanhood.
Plant-based hair extension company Rebundle recently raised $1.4 million in a pre-seed round led by M25. The company based in St. Louis says it is revolutionizing hair extensions with more comfort and less waste. Rebundle's braiding hair is made from a non-toxic, biodegradable plant, which the company says is better for the scalp and the environment. Rebundle Co-Founder and CEO Ciara Imani May and Co-Founder and CMO Danielle Washington joined Cheddar News' Closing Bell to discuss.
The metaverse platform Decentraland hosted its first wedding over the weekend. The union was overseen by Rose Law Group, at the firm's virtual property, hosting witnesses including 2,000 guests. The ceremony endured some technical glitches before being completed.
Alex Monaco, Host of 'The Bettor Half Hour,' joins Cheddar News to discuss what viewers can expect from MSG's 'Bet-A-Palooza,' and what casual sports fans should know about sports betting.
Actor, singer, and dancer Joey Fatone can now add chef to his repertoire, partnering with Schlotzsky’s, a pizza and sandwich restaurant franchise, to introduce the "Fatone Calzone." The triple threat entertainer joined Cheddar News to talk about the partnership as well as a potential NSYNC reunion. "So, it's like everybody's kind of everywhere. It's that moment of saying, do we want to get together? Do we do it? And how is it going to be done? You know, that kind of stuff. So, who knows? Never say never. Never say never," he explained.
The gaming industry has been under the spotlight so far this year following some big mergers and acquisitions. This week featured earnings of three major gaming companies, but also Meta and for the latter, things are not doing too hot. Joining Cheddar News to break it all down was Kenny Rosenblatt, President and Co-Founder of Arkadium.
Former Miami Dolphins head coach Brian Flores has filed a lawsuit against his old team along with the Denver Broncos and the New York Giants. Flores alleged that the league has been following racist practices in its hiring process. Former NFL quarterback and Sports Analyst and Commentator, Lester Ray Ricard Jr, joined Cheddar to discuss more.
Although this week's weather is predicted to be less severe than the 2021 storm, Texans are preparing for the worst - stocking up on supplies and emptying shelves in grocery stores, once again. Some Texans still have not recovered from last year's tragedy, and are heading into the next few weeks with anxiety for what's to come. Leslie Beyer, CEO of the Houston-based energy workforce & technology council, joins Cheddar News to discuss if the Texas grid will fail again.