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."
Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the U.S. and pay over $140 million in other penalties to settle allegations of abusive lending practices.
The recently expired child tax credit helped a wide swathe of families throughout the U.S. Megan Pratz looks into the impact the payments had, and how the end of the program will have a drastic effect on families that could still use the help with child care.
Supreme Court Scraps most of Biden's vaccine mandate 2021 was hot, hot , hot, and it's time for salad dressing-makers to go crazy. Here is all the news you Need2Know for Friday, January 14, 2022.
Cheddar recs 'Peacemaker,' 'Letterkenny,' 'Yellowjackets,' and 'No Sudden Moves'
Buckingham Palace says that Prince Andrew’s honorary military titles and royal patronages have been returned to Queen Elizabeth II with her “approval and agreement.”
Everything is so expensive, the weather is too darn cold, and a major leaguer pinch hits for teachers. Here is all the news you Need2Know for Thursday, January 13, 2022.
COVID-19 continues to impact the world of sports, and most significantly, the NHL. The world's premier hockey league has postponed a total of 104 games so far this season, and a spike in omicron infections has led to a surge in postponements in recent weeks. This comes after the NHL went dark for six days in December because of a COVID-19 outbreak, and after the league decided not to have its players participate in the 2022 Beijing Olympics so it can use the time to reschedule postponed games. Yahoo Sports NHL reporter Justin Cuthbert joined Cheddar News' Closing Bell to discuss.
A land mine-detecting rat in Cambodia who received a prestigious award for his life-saving duty has died in retirement. APOPO, a Belgium-headquartered non-profit group, says the African giant pouched rat passed away last weekend.
Authorities and witnesses say a pilot crash landed a medical helicopter without loss of life in a residential area of suburban Philadelphia, somehow avoiding a web of power lines and buildings as the aircraft fluttered, hit the street and slid into bushes outside a church.
Back to the hospital, back to school, back to Bonnaroo. Here is all the news you Need2Know for Wednesday, January 12, 2022.
