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."
President Joe Biden says his administration will help improve public safety and justice for Native American communities.
The UK government has increased the terror level to severe, meaning an attack is highly likely. The decision follows a taxi explosion in Liverpool on Sunday that killed a man.
Jill and Carlo cover the latest with the infrastructure bill, the growing state rebellion over boosters, Trump's dereliction of duty on the pandemic, Taylor Swift's reign of cultural domination and more.
Britney is free. A Los Angeles judge on Friday ended the conservatorship that has controlled Britney Spears’ life and money for nearly 14 years.
Babylist, an online baby registry for expecting and new parents, recently raised $40 million a Series C round, bringing the company's total funding to $50 million. Babylist also operates as an e-commerce and content platform. The company says it aims to be a one-stop solution for first-time parents who don't know what they need to buy for their new child. Babylist also says it wants to expand to address the needs of the entire family. Babylist founder and CEO Natalie Gordon joins Cheddar News' Closing Bell to discuss.
The pandemic hit movie theater chains like the Alamo Drafthouse hard. Cheddar Senior Reporter Michelle Castillo talks to CEO Tim League about the reopening and a slow return to normalcy.
A jam-packed Freitag pod with Carlo and Baker: new Covid hotspots, Kyle Rittenhouse trial, Belarus making trouble for Europe, red-hot housing market, and how to manage a PR crisis the right way.
A 22-year-old college senior who was critically injured at the Astroworld festival in Houston has died.
A new monument in Virginia is honoring three veterans of the Union's United States Colored Troops (USCT) who were captured and executed in 1864 just 300 feet away.
Cheddar recs "Shang-Chi and the Legend of the Ten Rings," "Tiger King," "How to Get Away With Murder," and "Seinfeld
Load More