LA Clippers Extend Staples Center Lease For 10 Years
The Los Angeles Clippers aren't going anywhere, anytime soon. The team just agreed to a 10-year extension for their lease at Staples Center, where they are one of the arena's original tenants.
According to the Associated Press, the deal was announced on Tuesday (January 22). However, terms were not disclosed.
The Clippers share the center with other pro teams, including the Lakers and Kings.
The extension takes effect at the end of the 2012-13 season, and will keep the franchise in the arena through June 2024.
Donald Sterling is in his 32nd year as owner, and is one of the few remaining sole owners of a pro sports franchise.