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Crypto.com Arena is a multi-purpose indoor arena in downtown Los Angeles. Opened on October 17, 1999, as Staples Center, it is located next to the Los Angeles Convention Center along Figueroa Street, and has since been considered a part of L.A. Live. Owned and operated by Anschutz Entertainment Group (AEG), it is the home venue of the Los Angeles Lakers of the National Basketball Association (NBA) and Los Angeles Kings of the National Hockey League (NHL)—which are both owned in part by AEG's founder Philip Anschutz, as well as the WNBA's Los Angeles Sparks. The Los Angeles Clippers also played in the arena from 1999 to 2024, before leaving for their new arena, Intuit Dome, located in Inglewood. From 1999 to 2024, it was the only arena in the NBA shared by two teams, as well as one of only three North American professional sports venues to have hosted two teams from the same league. The venue is also frequently used for major concerts, and has been the most frequent host of the Grammy Awards ceremony since its opening. Crypto.com Arena will host the artistic gymnastics competition and boxing finals during the 2028 Summer Olympics.