The Los Angeles Lakers
Added Apr 30, 2020
The Los Angeles Lakers are an American professional basketball team based in Los Angeles. The Lakers are worth an estimated $3.7 billion and are owned by Jeanie Buss.
Company Behavior Summary
- Despite being the eighth most valuable sports team in the world, worth an estimated $3.7 billion, The Lakers Franchise applied for and secured a $4.6 million forgivable Paycheck Protection loan intended for struggling small businesses.
- It should be noted that they returned the money after publicity regarding this loan went viral.
Sources
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