Clippers extend their lease at Staples Center for 10 years

The Clippers agreed to a 10-year extension of their lease at Staples Center on Tuesday, meaning they will stay put until at least June 2024. The team moved from its outdated home at the Sports Arena, playing its first game in Staples Center on Nov. 2, 1999.

“We’re very excited about our present and our future at Staples Center,” Clippers president Andy Roeser said in a statement issued by the team. “It is indeed an honor to benefit from the sustained stability that accompanies being part of the greatest venue in the NBA, and we’re glad to provide this state of the art backdrop to our deserving and loyal fan base.”

The Clippers join the Lakers and the NHL’s Kings as tri-tenants at Staples Center, the only such arrangement in North America. The Clippers considered a move to the Honda Center in Anaheim at one point before moving from the Sports Arena to Staples Center.

“Donald Sterling, Andy Roeser and the entire Clippers organization have been not just great partners, but a huge part of the success of Staples Center,” Tim Leiweke, president and CEO of AEG, said of the Clippers’ owner. “Their contributions have served to make this unique three team anchor tenant relationship both mutually successful as well as mutually beneficial. We are happy for their many achievements and are proud to call them our partners and friends.”