Lease goes into effect immediately
LOS ANGELES -- The Clippers will play their home games at Staples Center for at least 10 more seasons.
The team announced Thursday it has agreed to terms of a 10-year lease with the Anschutz Entertainment Group, owners and operators of the arena. The original lease had been scheduled to expire at the end of the upcoming season.
"We are very pleased to announce this agreement and to be able to ensure that our fans will enjoy the long-term comfort and stability that goes along with making Staples Center our home," Clippers executive vice president Andy Roeser said in a statement.
The agreement goes into effect immediately, the Clippers said. No other terms were announced.
"Our goal has always been to operate the world's most important and certainly most busy arena and this long-term agreement from our partners will certainly ensure this," AEG president and CEO Tim Leiweke said.
This season will be the Clippers' sixth at Staples Center. The team moved there from the Los Angeles Sports Arena when the Staples Center opened in 1999.
The Los Angeles Lakers and the NHL's Los Angeles Kings also play their home games at the center.
Copyright 2004 by The Associated Press