NBA: Intuit (business solutions), title sponsor of LA Clippers' future arena ($500m over 23 seasons)

Intuit Inc, a US company that develops management and accounting solutions for small businesses, has been awarded the naming rights to the Los Angeles Clippers' (NBA) future arena, the Intuit Dome, for 23 seasons starting in 2024-25, the season the arena will be inaugurated, according to the California franchise on 17/09/2021.

The total value of the agreement will be $500m (€424.4m), or $21.7m (€18.4m) paid per season over the 2024-2056 period. Through 2023-24 (inclusive), the Clippers will continue to play at the Staples Center in Los Angeles, a venue the franchise shares with the Los Angeles Lakers (NBA), Los Angeles Kings (NHL) and Los Angeles Sparks (WNBA).

Built in Inglewood, a suburb of Los Angeles, the Intuit Dome aims to generate $260m (€220.7m) per year for the benefit of the local economy. "The Intuit Dome will deliver an innovative fan and consumer experience and become a hub for programs that power economic prosperity and benefit the community. Intuit and the Clippers will create new programs to reinvigorate the local economy and local businesses that create jobs, enable…