Clippers extend Staples Center lease by 10 years
LOS ANGELES (AP)
The Clippers have agreed to a 10-year extension of their lease at Staples Center, where they are one of the arena's original tenants.
The deal was announced on Tuesday. Terms were not disclosed.
The Lakers and Kings are the other tenants at Staples Center.
The extension takes effect at the end of the 2012-13 season, and will keep the Clippers 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.