It is the record sixth time the NBA celebration will be held in Los Angeles and the third time at Staples Center, home of the LA Clippers and LA Lakers. 

The 67th annual NBA All-Star Game, which pits the league's star players from the Eastern Conference against their counterparts from the Western Conference, is due to bring down the curtain on the three-day event on February 18. 

NBA Commissioner Adam Silver made the announcement during a press conference at Staples Center, where he was joined by Los Angeles Mayor Eric Garcetti, AEG President and chief executive Dan Beckerman and Los Angeles Sports & Entertainment Commission (LASEC) President Kathy Schloessman.

"Los Angeles is one of the world’s great basketball cities - a place where players become legends, and great NBA moments last forever," said Garcetti.

"Now we will make history again, in 2018, by hosting our sixth NBA All-Star Game - something no other city has done.

"I look forward to working with the NBA and our local partners on this amazing event, which will bring thousands of visitors to Los Angeles, and generate more than $100 million (£71 million/€90 million) of economic activity."

NBA All-Star on-court events are due to begin on February 16 with the BBVA Compass Rising Stars Challenge, where the league's top rookies and second-year players take the court.

On February 17, State Farm All-Star Saturday Night will feature current NBA players showcasing their skills in basketball competitions with the weekend concluding the following day with the NBA All-Star Game.

"LA 2024 is thrilled that NBA All-Star Weekend will be returning to Staples Center in 2018," said Los Angeles 2024 chairman Casey Wasserman.

"Los Angeles is fortunate to have an expansive portfolio of world-class sporting facilities and venues, which combined with Angelenos’ unparalleled passion and enthusiasm for sports makes the city an attractive choice for event organisers.

"We look forward to welcoming the NBA’s annual showpiece event to LA in two years’ time in what will be further demonstration of the compelling sporting and commercial opportunities on offer as well as the city’s strong sports hosting credentials."

In partnership with AEG, the LASEC and the Los Angeles Tourism and Convention Board, the NBA will host several events for fans of all ages at venues throughout the city, including the Los Angeles Convention Center and L.A. Live.

The events, including NBA All-Star Practice, the NBA All-Star Celebrity Game and the NBA Development League All-Star Game, will feature interactive programming aimed at bringing fans closer to NBA and Women’s NBA players and legends.

"Los Angeles is known for first-class hospitality and entertainment, making it the perfect host for NBA All-Star," said Silver.

"The city is home to some of the most passionate basketball fans in addition to extraordinary facilities, including Staples Center and L.A. Live.

"We thank Mayor Garcetti, Clippers owner Steve Ballmer, Lakers President and co-owner Jeanie Buss and AEG President and chief executive Dan Beckerman for their support in bringing All-Star back to LA."

The 2016 NBA All-Star Weekend took place at Air Canada Centre in Toronto last month and featured the highest-scoring All-Star Game in history as the Western Conference beat the Eastern Conference 196-173.

Charlotte in North Carolina is due to host next year.

Los Angeles is one of four cities bidding to host the 2024 Olympic and Paralympic Games along with Budapest, Paris and Rome.

A decision is due to be made by the International Olympic Committee at its session in Lima in 2017.